BAUMART HOLDINGS

BauMart is a supplier of building products, including specialised glass products, to the construction industry, including residential and commercial building markets, in Australia. It presently has offices in Western Australia and New South Wales, where the Company’s initial operational activities will focus. The Company believes it is well positioned to capitalise on the demand for building-related products in Australia. Although in the early stages of its development, the Company intends to expand its product range and diversify its activities geographically, both within Australia and overseas. Initial efforts have involved securing select product distributorships, mainly from Asian suppliers.