International Fabrics (N.Z.) Limited (in receivership) Notice of Appointment of Receivers Pursuant to Section 8 (1) of the Receiverships Act 1993 Timothy James Reid and Gary Traveller of PricewaterhouseCoopers, Level Seven, Price Waterhouse Centre, 1113 Church Street (P.O. Box 243), Wellington, were appointed receivers of International Fabrics (N.Z.) Limited on the 7th day of October 1998, under the terms of a debenture. The property in receivership is all of the company's undertaking, property and assets. Dated this 8th day of October 1998. TIMOTHY JAMES REID and GARY TRAVELLER, Receivers.