Notice of Appointment of Liquidators In the matter of section 255 (2) (a) of the Companies Act 1993, and in the matter of Monterey Investments Limited (in liquidation): Notice is hereby given that on the 12th day of August 1996, the shareholders of Monterey Investments Limited passed a special resolution, pursuant to section 241 of the Companies Act 1993, that Laurence George Chilcott, chartered accountant of Auckland, be appointed liquidator of the company. A resolution as to solvency, pursuant to section 243 (8) of the Companies Act 1993, has been passed by the directors. Dated at Auckland this 12th day of August 1996. LAURENCE GEORGE CHILCOTT, Liquidator. Any Inquiries in This Matter Should be Addressed to the Joint Liquidator or Jane Hall at the Offices of: Smith Chilcott, Chartered Accountants, P.O. Box 5545, Auckland. Telephone: (09) 379 8035. Facsimile: (09) 307 8892.