NuWorld Industries (PTY) LTD

Nu-World was established in 1946 by the late Harry Goldberg and partner
The Company began manufacturing Electrical Wiring Accessories
The manufacturing of Small Electrical Appliances was introduced in 1952
Michael and Jeffrey Goldberg joined Nu-World in 1978
Nu-World began importing and distributing Small Electrical Appliances in 1980 - to add to the range of manufactured products
Nu-World was listed on the J.S.E. in November of 1987
JVC - In 1995 Nu-World was appointed by THE VICTOR COMPANY OF JAPAN as its sole agent for JVC in South Africa and Sub-Saharan Africa
'WHITE GOODS' - Import and distribution, were introduced in 1997 with the International Brands of TOSHIBA and WHITE WESTINGHOUSE
NU-TEC Consumer Electronics - introduced in 1999
FUJITSU Air-Conditioning - introduced in 1999
Acquisition of a controlling interest in PRIMA-AKAI AUSTRALASIA (PTY) LTD - effective April 2000
James Ralph (Pty) Ltd - Agency / Distribution Agreement for CASIO, SAMSUNG and SANJI - effective August 2000
TELEFUNKEN - Appointed Sole Agent for South Africa - December 2000
Nu-World is South Africa's leading player in Small Electrical Appliances

- Largest manufacturer

- Largest importer
- Largest exporter
Nu-World is ONE OF THE LARGEST PLAYERS in 'CONSUMER ELECTRONICS'in Southern Africa - with our complimentary Brands of 'JVC, TELEFUNKEN and NU-TEC'.
Nu-World houses an impressive line-up of 22 INTERNATIONAL AND LOCAL BRANDS

Mission Statement
We at Nu-World, are driven by the quest for excellence across all the disciplines of manufacturing, importing, distributing and exporting, in the Global Market of Branded Consumer Durables - working together with a team of committed, well - trained and empowered employees.

We aim to provide products of outstanding quality to our clients worldwide, superior returns to our shareholders - whilst contributing to the growth of a democratic and prosperous South Africa.

We will strive to be acknowledged, both locally and internationally, as a reputable source and provider of Branded Consumer Durables. We will endeavor to ensure that the needs and expectations of our customers are consistently surpassed.

The attainment of this vision and mission will require a sustained level of superior customer service and operational excellence - to ensure the continued growth and expansion of our business.

Achievements

Over the past 5 years (1995 - 2000), Nu-World has achieved an annual average compound growth rate of 40% in Headline Earnings
10 Consecutive years of growth in Turnover, Operating Income, Attributable Earnings, Earnings Per Share and Dividend
President's award for export achievement 1994
President's award for export achievement 1995
Sunday Times Business Times Top Company of 1997
Financial Mail Top Performer of 1997
Star Business Report Growth Company March 2000
Finance Week Emerging Giants year 2000
First Acquisiton - Prima-Akai Australasia (Pty) Ltd - May 2000
Prima International U.K. (Pty) Ltd - Strategic alliance
Agency / Distribution Agreement - Casio / James Ralph (Pty) Ltd - August 2000
TELEFUNKEN Agency for South Africa - December 2000
Star Business Report - Rated as one of the Top 10 Growth Companies listed on the JSE