Pender West: Portfolio

TAPP TECHNOLOGIES INC.
6270 205th Street
Langley, BC
V2Y 1N7
Canada

Tapp is the leading label and packaging systems supplier to the North American wine, food and pharmaceutical industries. The company's principal customers are commercial wineries on the US West Coast with the majority of them being located in Northern California. Tapp has won numerous national and international awards for excellence in wine labels utilizing a full range of brand solutions including three distinct printing and packaging platforms: Waterless Offset Lithography, Flexography and Digital Offset. The Company is also the sole North American agent and distributor for IMPRESSTIK Label Application Systems.

Tapp operates three manufacturing facilities located in Vancouver, B.C.; Portland, Oregon; and Napa, California.

Link to Tapp website: http://www.tapptech.com/

PREMIUM BRANDS GROUP
7720 Alderbridge Way
Richmond, BC
V6X 2A2
Canada

Pender West Investors Inc., an affiliate of Pender West owns 13.5% of Premium Brands Group, through Premium Brands Fund (“Premium Brands”), a Toronto Stock Exchange publicly listed income trust.

Premium Brands acquired 100% of Harlan Fairbanks Co. Ltd. (“Harlan’s”) in early 2005. Harlan’s was a privately owned Pender West portfolio company and a leading distributor of concessionary food products and related equipment in Western Canada.

Premium Brands owns a broad range of leading branded specialty food businesses with manufacturing and distributions facilities located in British Columbia, Alberta, Saskatchewan, Manitoba, and Washington,. In addition, Premium Brands owns proprietary food distribution and wholesale networks through which it sells both its own products and those of third parties to approximately 20,000 customers. Its family of brands includes McSweeney’s, Bread Garden, Hygaard, Gloria’s Fresh, Harlan’s, Hempler’s and Quality Fresh Foods.

Link to Premium Brand Income Fund Website:
http://www.premiumbrandsincomefund.com/

CANADA GARDENWORKS LTD.
6250 Lougheed Hwy.
Burnaby, BC
V5B 2Z9
Canada

GardenWorks is recognized as one of the leading independent retail garden centre companies in Canada. The Company owns and operates nine garden centres – six in the BC Lower Mainland and three on Vancouver Island.

The stores focus on the middle to upper end of the market segment by offering a wide range of garden plants, supplies and accessories as well as indoor tropical plants and pottery. The Company was formed with the acquisition of its first garden centre in 1984 and has expanded through to acquisition of other independently-owned garden centres in British Columbia.

DINOFLEX GROUP LIMITED PARTNERSHIP
5590 46th Ave S.E.
Salmon Arm, B.C.
V1E 4S1
Canada

Dinoflex is a leading manufacturer specializing in two distinct segments:

Recycled rubber flooring and roofing products: and
Custom polyurethane blending.

The Companies' recycled rubber products are sold under the Dinoflex brand name and include rubber tile flooring, play-ground tiles, pavers, specialty products and accessories for green Roofs. Products are in-use throughout the world in various commercial and retail applications, sporting and athletic facilities, walkways and patios, play-grounds and day care centres.

The Companies' polyurethane blending business operates under the International Polyurethane Systems (IPS) brand name and produces polyurethane binders used in rubber molded products, cork, wood lamination and stone coatings. IPS also produces coatings, and soft and hard foam products for a variety of applications.

Link to Dinoflex website: http://www.dinoflex.com

EP CANADA GROUP
351 Bewicke Avenue
North Vancouver, BC
V7M 3E9

EP Canada Group offers payroll and tax administration services to the film and television industry in Canada through its two wholly-owned subsidiaries.

EP CANADA FILM SERVICES INC.

EP Canada is Canada’s premiere supplier of payroll and employer of record services to the film and television industry, with offices located in Vancouver and Toronto. The Company provides a full range of payroll services and state-of-the-art products, along with in-house experts who provide training, service and support. The Company is also associated with Entertainment Partners USA with locations globally, including EP-USA offices in Los Angeles, New York, Orlando and its affiliates in London U.K., and Tokyo. EP-USA is largest company of its kind in the world specializing in payroll and accounting systems and services for the film and television industry.

Link to EP Canada Website: https://secureweb.epcanada.com/

CANADA FILM CAPITAL CORPORATION

CFC provides tax credit administration and financing services to US and other foreign producers by providing effortless access to Canadian tax credit funds. CFC’s services cover the entire process of accessing the tax credits, from setting up a single-purpose Canadian production corporation and certifying the production, to preparing financial statements, managing audits and filing tax returns. Through its financing model, CFC also provides a simple and cost-effective method of cash-flowing the Canadian tax credits during production. The financing option allows for immediate access to tax credit funds instead of waiting for the funds to be released long after production has wrapped.

Link to Canada Film Capital Corporation Website: http://www.canadafilmcapital.com/