NZ Equities Corporation Limited Notice of Transfer of Company Under the Laws of the Province of Ontario Pursuant to Section 351 of the Companies Act 1993 The above-named company hereby gives notice that the company intends after 30 April 1997, to apply to be removed from the New Zealand Register in connection with becoming incorporated under the law in force in the Province of Ontario, Canada. Dated this 31st day of March 1997. ROBERT NAREV, Director.