Delphi Sports Group Limited Notice of Appointment of Receiver and Manager Pursuant to Section 8 (1) (b) of the Companies Act 1993 I, Ross William Henderson, chartered accountant of Christchurch, hereby give notice that I was appointed receiver and manager, pursuant to a debenture dated on the 23rd day of December 1996. Short Description of Property Charged Under the Debenture: All assets and undertakings of the company. The Office of the Receiver and Manager is: Walker Davey & Co, Chartered Accountants, 118 Victoria Street, Christchurch. Dated this 7th day of November 1997. R. W. HENDERSON, Receiver and Manager.