Town & Country Excavations Limited (in receivership) Notice of Appointment of Receivers Pursuant to Section 8 (1) (b) of the Receiverships Act 1993 On the 3rd day of November 1997, we, Laurence George Chilcott and Peter Charles Chatfield, were appointed under powers conferred by a registered debenture dated the 29th day of March 1996, to act jointly and severally as receivers and managers of all the assets and undertakings of the above-mentioned company. Our office address is care of Smith Chilcott, Chartered Accountants, First Floor, General Building, 29 Shortland Street, Auckland. Dated this 3rd day of November 1997. LAURENCE GEORGE CHILCOTT and PETER CHARLES CHATFIELD, Receivers and Managers.