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"Schaffer Corporation Limited (SFC) is a diversified industrial company with core operating divisions in

Manufacturing (Automotive Leather and Building Materials) and Investments. Originally incorporated in

1955, the company was first listed on the Australian Securities Exchange (ASX) in 1963 and currently

employs around 900 employees in three countries (Australia, Slovakia and China).

The Automotive Leather division is a world-class, globally competitive automotive leather producer, supplying

quality interior leather products to such household names as Land Rover, Audi, Mercedes, Porsche, Nissan

and Ford. The division operates leather finishing operations in Slovakia and Australia. Component cutting

plants are located in Slovakia and China.

The Building Materials division comprises Delta Corporation which manufactures a range of custom made

precast and prestressed concrete floor, beam and wall products, including TeeRoff beams, for major

infrastructure, building and resource projects in Australia.

The Group’s Investments division currently has a portfolio of various property and equity investment

interests.

Group property interests include land held for future development in the Western Australian suburbs of

Jandakot and North Coogee, a bulky goods property at Rockingham, Western Australia, and various

syndicated interests in commercial, industrial, hotel, retail and residential properties across Australia and the

United States."

Also includes diagramatic representation of subsidiary companies in the Schaffer operation.