Semi Plastics Limited (in liquidation) Notice of Appointment of Receivers The Companies Act 1955 On the 4th day of August 1995, Scottish Pacific Business Finance Limited, being the holder of a debenture dated the 20th day of May 1994, and registered at the Companies Office at Auckland on the 24th day of May 1994, issued to it by Semi Plastics Limited (in liquidation) (``the company'') appointed Robert Gordon Foster and Malcolm David Innes-Jones, chartered accountants, both of Auckland, jointly and severally as receivers of the book debts, relevant agreements and associated rights (each defined in the debenture) of Semi Plastics Limited (in liquidation) charged by the debenture with each and all of the powers conferred upon receivers by the debenture and at law. The receivers' address is BDO Hogg Young Cathie, 86 Wairau Road, Takapuna. Telephone: (09) 443 3100. Facsimile: (09) 443 3110. Dated this 11th day of August 1995. ROBERT GORDON FOSTER and MALCOLM DAVID INNES-JONES.