CMV HISTORY (page 4)

During 1998 further agricultural expansion occurred with the acquisition of land at Langhorne Creek for a vineyard development which was to supply grapes to the Orlando Wyndham Group. This project involved the construction of a 13 kilometre pipeline from Lake Alexandrina to a large dam on the site. The first vines were planted in the spring of 1998 with progressive plantings occurring over the following years.

In January 1999 the CMV Group acquired a Kenworth and Mitsubishi dealership in Melbourne trading as the Hallam Truck Centre. This operation serves south eastern Melbourne and surrounding regions.

Further developments took place in Victoria during 1999 with the Volvo dealership at Clayton moving to purpose built premises to better serve the customer base of that area.

A greenfields site at Laverton in Victoria was acquired by CMV in 1999 for the construction of a dual-franchised dealership for Volvo and Hino trucks and buses. This dealership commenced operation in January 2000 when CMV Truck & Bus at Campbellfield relocated.

In May 2002 CMV took full ownership of the Olney Syndicate following our partner’s retirement from the business. CMV Farms Lindsay Point and CMV Farms Murtho (formally Olney Syndicate) now consists of 335 hectares of almonds and 73 hectares of wine grapes and has a significant share of Laragon, the Lindsay Point based almond hulling and shelling facility.

In June 2004 Riverland Almonds embarked on an expansion of the Loxton based processing facility following the agreement between CMV Farms and some large almond growers. This merger increased the tonnage of almonds processed at the Loxton facility from 2000 tonnes to in excess of 6000 tonnes by 2008. At the same time Nut Producers of Australia, located in Adelaide, was formed to act as the management and marketing arm for both Riverland Almonds and Australian Pioneer Producers of Australia. These businesses had previously operated independently.

In December 2005 CMV Truck & Bus, the Melbourne metropolitan dealer for Volvo trucks and buses, was appointed as the Volvo truck dealer for the Gippsland region in Victoria. The dealership initially operated from premises in Warragul but during 2008 was relocated to a new purpose built dealership facility at Traralgon.

In May 2006 CMI Southside was appointed as the Suzuki dealer for the southern region of Adelaide. Trading as Southside Suzuki this dealership is located at Christies Beach. Also during this month the CMV Group was appointed the dealer for Mack Trucks in Adelaide and Melbourne. This appointment was in line with Volvo Group Australia’s policy of having combined dealerships for Mack and Volvo trucks in the Australia market.

In October 2006 CMI Toyota acquired an additional dealership at Cheltenham in South Australia. Adding to its City, Southside and Eastside operations, the new dealership is known as CMI Portside.

Following the Volvo Group’s acquisition of UD trucks from Japan, the Volvo and Mack truck dealerships in Adelaide, Melbourne and Gippsland were also appointed as dealers for UD trucks during 2009. This year also saw the appointment Adelaide City Chrysler Jeep Dodge as a dealer representing the Chinese manufactured Great Wall cars, 4WDs and commercials.

Substantial new dealership facilities have also been built for CMV Truck Sales on Port Wakefield Road at Cavan and for CMI Toyota on West Terrace in Adelaide. Both sites provide state-of-the-art facilities for the sale, service and repair of motor vehicles.

The CMV Group today celebrates over 75 Years in business

From a staff of five in 1934, the successful CMV Group now operates substantial operations in automotive dealerships and horticulture predominately in South Australia and Victoria, with approximately 1,000 employees and an annual turnover in excess of $750m.