BUDGET OFFICE FURNITURE

1 Your manufacturing choiceBUDGETOFFICEFURNITURE- 1 -Company DetailsPlatinum BUDGET OFFICE FURNITURE (Pty) Ltdt/a BUDGET OFFICE FurnitureRegistration Number 1999/020461/07 VAT Number 4330 187 OperationStrategiesWorkforceDistribution - 1 -Addresses21 Sheffield RoadGatelyWest BankEast LondonPO Box 1948 East London5200 Contact DetailsLandline 043 731 1955 Cellphone 083 7811 955 Fax 043 731 CoetzeeCEO of BUDGET OFFICEFURNITURE. He brings awealth of knowledge andexpertise to the company,having previously servedin leadership positions atHUGH PARKER andUNATHI CartwrightOwner of a number ofsuccessful businesses inthe Eastern Cape.

2 Hisinterests lie in a range ofdifferent sectors whichinclude financial services,insurance, propertydevelopment, andfurniture TabataChairman of the Board ofDirectors at BUDGETOFFICE extensiveexperience representingnational government andlocal authorities, he is asenior partner at SMITHTABATA ATTORNEYS, inEast London, and a BoardMember at VUWAINVESTMENTS, BUDGET OFFICE FURNITURE has achieved outstanding growth since itsinception in 1999, and in less than two decades, has become the leadingmanufacturer of OFFICE and school FURNITURE in the Eastern served as the Chairman of the Board of Directors since 2007, Iam proud to be associated with the company.

3 I am heartened by the carewith which every detail is attended to and confident that the companyis set to sustain its upward Tabata(Chairman)- 2 -shareholders Our vision is to be a leading playerin the development of SouthernAfrica, as a manufacturingdistributor of world-class officeand school FURNITURE , powered byinnovation, preparedness, andbest business 3 - on-time deliveryexcellencevisionBUDGETOFFICEFURN ITURE- 4 -missionNo order is too small or too largefor us. As the top producer ofoffice and school FURNITURE in theEastern Cape, we are invested indynamic manufacturing processesand staff development.

4 Ourcustomers matter to us. We arecareful to maintain our supply line,and we deliver on time. Everytime! professionalism safety in the workplace partnership up and down the supply chainThe factory top-of-the-range company was founded byCobus coetzee and KenCartwright. We acquiredfactory floor space totaling2,000 square started a hostel furnituredivision. To date, we havefurnished 7,800 hostel 5 -milestones200751% of the company was boughtby VUWA INVESTMENTS, ablack-owned company headed byExecutive Chairman doubled up on machinery andincreased our floor space to 5,700square in the new laminating 6 -We achieved B-BBEE Level completed a schoolfurniture contract of 68,000desks and chairs for theEastern Cape Department completed a 3-year officefurniture contract, valued atR36 million.

5 For the EasternCape Department awaiting delivery isvalued at R12 manufacturer of choicein the Eastern opened a timber laminatingfactory, with brand new, being done on OFFICE 7 chairs being operation- 8 -Tongue-and-groove joints on being loaded with school chairsThe trusted name forreliability and being applied to theframes of school desk tops ready to be Care About Our Customers We focus on ourcustomers needs andsupply a wide range ofquality OFFICE and schoolfurniture. We maintain a first-ratedelivery network in theEastern Cape.

6 Thisensures that ourcustomers receive theirproducts in perfectorder and on Care About Our Staff We train our staff andenable them to growwith us. This boostsmorale and results in alow staff turnover of lessthan 1% per year. It alsodevelops the workforceas a valuable asset to ourstockholders. We enforce the highestsafety standards in allour 9 -strategiesOn-time attention to machining of 10 -We Care About Quality We are committed toinnovation, and we useworld-class designs andmanufacturingprocesses. We monitor alloperations to ensure thatthe highest standards Care About The Future We build strategicrelationships withsuppliers to ensure longterm sustainability andglobal competitiveness.

7 We are proudly SouthAfrican and have Level 2 Broad-Based BlackEconomic Empowermentstatus. Established as a productleader in the EasternCape, we are developingnew markets in otherareas of South the way, in OFFICE ,school, and hostel sophisticated CNC machine to producethe perfect timber to 11 -We currently employ exactly100 permanent staffmembers and 40 of our originalworkforce is still with us. 2staff members have retired,and 3 are staff members belong tothe Allied Workers Union,and the Unions for Workersin the Chemical, Energy,Paper, Printing, Wood, andAllied Workers Union.

8 On-time deliveryexcellenceworkforceThis is for a 12 -Besides our network in EastLondon, we have distributionwarehouses in Port Elizabethand Mthatha, which areoperational in peak distribution vehicles aredriven by employees of thecompany. professionalism safety in the workplace partnership up and down the supply chaindistributionVUWA INVESTMENTS, headed by Executive ChairmanBulelani Ngukaowns, owns a controlling share ofBUDGET OFFICE Members in the Group include:CITY LODGECSG HOLDINGSROLFESTRADELINK TEXTILE INDUSTRIESWESIZWE PLATINUMC ompany DetailsPlatinum BUDGET OFFICE FURNITURE (Pty) Ltdt/a BUDGET OFFICE FurnitureRegistration Number 1999/020461/07 VAT Number 4330 187 339 Addresses21 Sheffield RoadGatelyWest BankEast LondonPO Box 1948 East London5200 Contact DetailsLandline 043 731 1955 Cellphone 083 7811 955 Fax 043 731