The Company was admitted to AIM on 12 June 2008 with the strategy of acquiring controlling stakes in one or more quoted or unquoted profitable businesses in the UK and international building materials industry and to use these as a platform for further acquisitions. The Directors have reviewed a number of potential acquisition targets since the Company was admitted to AIM and believe that the acquisition of Breedon represents an exciting opportunity within this strategy. The Company does not currently undertake any trading activity.

Marwyn Materials Investments Limited, a subsidiary of the Company ("the Subsidiary"), had entered into conditional acquisition agreements to acquire the entire issued share capital of Breedon Holdings Limited ("Breedon"), a large independent UK aggregates producer.

In view of the size of Breedon, the Acquisition will, on Completion, constitute a reverse takeover under Rule 14 of the AIM Rules for Companies. Breedon is a fully integrated aggregates producer with 29 quarries, 19 asphalt plants and 27 concrete plants in England and Scotland, and the Directors believe it will provide the Company with a robust platform for accelerated growth through consolidation of the UK heavyside building materials sector. The business is backed by a strong asset base with approximately 181 million tonnes of mineral reserves and resources, providing an estimated life of approximately 50 years at current output levels. The Directors also believe that the business is well invested with a substantial amount of new plant in good condition.

Listing exchange: AIM

Expected first day of trading: 2010-09-02

Expected money raised: £50M