Exicom New Zealand Limited (``the company'') Notice of Appointment of Receivers and Managers Pursuant to Section 8 (1) of the Receiverships Act 1993 John Stewart Drage and David Anthony Ward, chartered accountants, both of Wellington, whose office address is care of KPMG, KPMG Centre, 135 Victoria Street (P.O. Box 996), Wellington, hereby give notice that on 4 April 1996, the debenture holder under a deed of debenture dated 30 September 1988, from the company (``the debenture''), appointed them jointly and severally as receivers and managers of all of the company's property, undertaking and assets, whatsoever and wheresoever, both present and future, as charged by the debenture. Dated this 4th day of April 1996. Signed for and on behalf of John Stewart Drage and David Anthony Ward, by their solicitor and duly authorised agent: STEPHEN BARRIE FLYNN.