Howard Paterson
1953-2003

Directorships
Botry-zen Ltd
C G Surgical Ltd
Blis Technologies Ltd
A2 Corporation Ltd
Southern Capital Ltd
Edinburgh Trust Ltd
Tasman Agriculture Ltd
Tasman Farms Ltd
PCL Industries Ltd
Pharma Zen Ltd

Major Shareholdings
Southern Capital - ?%

Background
Attended Otago Boys High School.

Howard started making money as an arts student at Otago University and 
today is worth at least $87 million. He survived the 1987 crash, having
earlier sold his Chirstchurch commercial property interests to Chase   
Corporation. Paterson acquired his first farm near Gore in 1988 and is 
now a substantial rural landowner through various trusts, ventures and 
investments.                                    (The Richlist, G. Hunt)

Paterson's interests include New Zealand's largest poultry farm, near  
Christchurch and around 10,000ha of farmland, mainly in Otago and      
Southland, part of which he is developing into the world's largest deer
farm. Paterson is also a significant shareholder in investment company 
Southern Capital as well as the bio-med A2 Corporation.                

Howard has had a business base in Dunedin for most of his career.      
Although from this base he has had experience in Australia, Fiji,      
Hawaii and mainland USA.                                               

He has had a successful history over the past 27 years, largely centred
on the property sector, encompassing a wide range of activities such as
residential and rural investment and land subdivision.                 

His major projects to date include:                                    

# Steamerwharf Development Ltd - a company which undertook and now owns
                                 a multi-million dollar redevelopment  
                                 of the Queenstown waterfront;         

# Durran Holdings Ltd          - the owner of a $30m shopping centre in
                                 New Plymouth;                         

# Canterbury Trust Ltd         - a retail development in the old wool  
                                 store on Moorhouse Ave, Christchurch, 
                                 known as "Moorhouse City";            

# Tabua Investments Ltd        - the developer of Denarau Island Resort
                                 in Fiji;                              
 
# New Zealand Deer Farms Ltd   - the world's largest deer farming group
                                 with approximately 55,000 head of deer
                                 in the South Island;                  

# Mainland Poultry Ltd         - a company developing a large "hi-tech"
                                 egg farming business at Waikouaiti,   
                                 north of Dunedin.                     


News

Howard Paterson died aged 50
2nd July 2003 - NBR

Farmer-scientist Howard Paterson died in Fiji on Tuesday morning,       
according to a brief statement from Sorensen Group chief executive Klaus
Sorensen.                                                               

Mr Patterson was one of the most successful self-made businessmen in New
Zealand, having founded and operated dozens of prosperous companies.    

Early reports say he died of a heart attack. He was 50 years old.       

Mr Sorenson's statement said that Mr Patterson's contribution to the New
Zealand economy through his wide investments in agriculture,            
biotechnology and tourism and his capital formation activities, will    
only be recognised fully on his passing.                                

"He was a tremendous friend to all who knew him and his infectious      
enthusiasm for life and business will be remembered.                    

"It has been my privilege to have enjoyed the company of Howard as both 
a client and as a good friend," he said.                                


Huge New Wine Area Planned 
One of the South Island's wealthiest men, Howard Paterson, has big plans
for a potential new wine-producing area along the Waitaki River Valley  
in North Otago. A 4ha trial Pinot noir plot is being established, and Mr
Paterson's Otago Trust has bought about 2000ha between Otiake and       
Otekaieke, east of Kurow, and has options over another 2000ha. For      
comparison, the wine-growing area of Hawke's Bay totals 2800ha.         
(National Business Review)