Grundfos Pumps Pty Limited Notice of Intention to Cease Carrying on Business in New Zealand Notice is hereby given, pursuant to section 341 (1) of the Companies Act 1993, that Grundfos Pumps Pty Limited, a company incorporated in Australia, but having a place of business in New Zealand at Unit E, 14 Clemway Place, Henderson, Auckland, intends to cease carrying on business in New Zealand. Dated this 1st day of October 1997. LES GOODWIN, Accountant.