Public Notice of Proposed Amalgamation

Notice is hereby given, pursuant to section 221(4) of the Companies Act 1993, that TNL INTERNATIONAL AUCKLAND LIMITED and TNL INTERNATIONAL LIMITED, being the amalgamating companies, propose to amalgamate on 31 March 2015.

The amalgamated (continuing) company will be TNL INTERNATIONAL LIMITED.

Copies of the amalgamation proposal are available for inspection by any shareholder or creditor of an amalgamating company, or any person to whom an amalgamating company is under an obligation, at the registered offices of the amalgamating companies during normal business hours.

A shareholder or creditor of any amalgamating company, or any person to whom an amalgamating company is under an obligation, is entitled to be supplied free of charge with a copy of the amalgamation proposal upon request to an amalgamating company.

The registered office for TNL INTERNATIONAL AUCKLAND LIMITED is:

15 Artillery Place, Richmond, Nelson 7020.

The registered office for TNL INTERNATIONAL LIMITED is:

330 Devon Street, New Plymouth 4312.

Authorised by:

THE BOARDS OF DIRECTORS OF THE AMALGAMATING COMPANIES.