THL – Tourism Holdings Limited Ordinary Shares

Trade confirmation – ASB Securities

Account 933806 Mr H S Winters

We confirm we have BOUGHT for you 187 shares in THL – Tourism Holdings

Limited Ordinary Shares at NZD 0.9300. Details are as follows:

Date : 24-Apr-2003

As at date : 24-Apr-2003

Account number : 933806

Total units : 187

Unit price : NZD 0.9300

Consideration : NZD 173.91

Brokerage : NZD 0.00

Total Cost : NZD 173.91

Net Cost : NZD 173.91

Settlement Instructions : CMA

A contract note will be forwarded to you by postal mail. Please phone us

immediately on 0800 272 732 if you have any queries regarding this order.

Thank you for using ASB Securities.

Kind regards,

ASB Securities Ltd

http://www.asbsecurities.co.nz

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