WWA Australia Pty Ltd, a company registered in Victoria, Australia, operates in a joint venture with World Wide Auctioneers. The company conducts public auctions at its facilities in Perth (WA) and Brisbane (Qld).

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WWA Australia Pty Ltd, a company registered in Victoria, Australia, operates in a joint venture with World Wide Auctioneers (WWA), Dubai. The company conducts public auctions at its facilities in Perth (WA) and Brisbane (Qld). WAA holds fully unreserved auctions, with no minimum bids, seller bids, or reserved items, assuring buyers and sellers that equipment is traded at fair market value. Auctions are held in Dubai, Amsterdam, Guangzhou, Jakarta, Perth and Brisbane, with at least one more location planned for 2005. WWA strives to provide the finest service in the Industrial Auction business. WWA has held more than 40 auctions around the world since early 2001, selling over 25,000 items for a combined total of over $300 Million US Dollars. The founding partners have a combined total of over 40 years of experience in buying, selling, and auctioning of heavy equipment in Europe, Asia, and the Middle East. These partners have joined together to present a comprehensive range of services geared to buyers and sellers of industrial, construction, and maritime equipment, materials, and products, based on a combination of physical, video and Internet-based auctions. WWA was founded and is managed by people with direct hands-on experience in the industrial equipment business, who are committed to providing efficient, effective services. WWA corporate structure includes one subsidiary and three joint venture partner companies, each licensed and registered to operate in its respective country. The parent company and its partners can do business as a whole or individually, adapting easily to any situation. The company has substantial infrastructure and major partners all over the world, but maintains a low corporate overhead structure. This combination gives WWA the efficiency of a small company with the major-market presence of a large public corporation. WWA operates in house, a state of the art Internet site with its own equipment search engine and interactive buyer and seller features. Live on-line bidding, on-site video presentation and wireless electronic bidding systems in use at WWA auctions offer the most modern technologies available in the industry. The company combines hands-on experience in the heavy equipment auction industry with ability to leverage the marketing power and auction impact of the Internet and other technologies. World Wide Auctioneers is committed to having top-level managers on-site at every auction and accessible to participants, allowing maximum flexibility in decision-making. Commissions are competitive with any in the business. World Wide Auctioneers is wholly owned by WWA Group, Inc., a U.S. publicly traded company. The stock trades under the symbol "WWAG" on the U.S. Over The Counter Bulletin Board Exchange (OTC BB).