Nu-World Holdings Limited (Nu-World)

Posted by Staff Writer on Saturday, July 4, 2009 at 2:07pm.

35, Third Street Wynberg Sandton, 2199 South Africa

PO Box 8964 Johannesburg- 2000

Phone No.  27 11 321 2111

Fax No. 27 11 440 9920

Chairman Michael S. Goldberg

CEO or MD  Jeffrey A. Goldberg

Name of External Affairs or Press Contact  Bruce H. Haikney

Nu-World Holdings Limited (Nu-World) is a South Africa-based holding company. Through its subsidiaries, the Company manufactures, imports and exports a diversified range of electrical appliances, consumer electronics and branded consumer durables. The Nu-World brands cover a range of consumer durables, including small appliances, consumer electronics, motor sport, large appliances, air-conditioning, generators, home improvement and furniture. The Company’s subsidiaries include Nu-World Industries (Proprietary) Limited, Nu-World Strategic Investments (Proprietary) Limited, Conti Industries (Proprietary) Limited), Conti Marketing (Proprietary) Limited, Yale Prima Proprietary Limited and Nu-World U.K. During the fiscal year ended August 31, 2008 (fiscal 2008), the Company disposed of its investment in On Corporation Inc. USA. In fiscal 2008, Yale Prima Proprietary Limited acquired 51% of online retailer Overstockoutlet Proprietary Limited.