Annual Meeting May 2007

1. Annual MeetingMay 2007

2. Agenda • Updated Company Structure • Divisional Update • New Initiatives • Key Points • Q&A

3. Company Structure

4. Renaissance Structure Renaissance Corporation Conduit Insite Renaissance International Technology Limited Limited Limited Brands Division RED Division Ultra StaffBuy Apple Division txttunes 66% Technical Service Division

5. Insite Technology Limited

6. Insite • Increased unit sales for year but profit was down on ‘05 • Acquired Ultra Computers • Invested in Systems and People • Improved reporting systems, better quality control • eQuoter system to launch in May • New R1 product range to ship in 2nd quarter ‘07 • Forecast return to normalised profit levels in ’07 • Good result in first quarter

7. Conduit International

8. Canon Repco Bidvest Txttunes Monaco Avanti StaffBuy Office Products Depot Renaissance Brands Crean Foodservice Biolab HealthCare Logistics Norman Ellison Carpets Eagle Technology Konica Minolta Ingram Micro Axon 5 Star Finance SellAgence

9. Conduit International • Good year - Positive result • Core business performed very well • Invested in two new projects • txttunes and StaffBuy • txttunes – 66% owned by Conduit • StaffBuy – 100% owned by Conduit • Launched May ’07 • Some new business involves share of revenues • Looking for good growth again in 2007

10. RenaissanceEducationDivision • Bringing together the various parts of Renaissance to more effectively deal with the K-13 education market

11. Renaissance Education Division • 2006 was a year of learning, consolidation • 2007 – Refocus and move forward • Off to a great start • Best January for education sales on record • On-Line RED Store • Majority of NZ schools registered after just 12 months • First $1 million dollar on-line sales month in Q4 2006 • Unique loyalty program ready to launch in May 2007 - RED Dollars • Earn points for purchases • Redeem for Professional Development or Services • Coming soon……. ParentBuy

12. RenaissanceTechnical Services Group • New Division created in Q4 ’06 • Consolidation of services from all parts of the Group • Process will be complete by end of May • Already producing increased profit levels • New Service offerings to be announced in first half ’07 • Looking for a solid return in 2007

14. Brands • Good year • Profit was lower than 2005 but ahead of 2006 plan • No big one-off deals in 2006 • New Brands brought on board in 2006 • Allot Communications, Canon, Novatel • New Exclusive Brands announced so far in 2007 • Gear4 • DataCover – Insured Back-Up Solution • Tomato - Flash Memory • More to come

15. Apple Division

16. Apple Division • Record Sales year for the Division • Reduction in available margin, as a result of new pricing and foreign exchange model • Forecasting continued sales growth in 2007 • Reduced available margin will mean lower profit • Q1 sales very strong • Retail picked-up after slow start – but lots of credit • Excellent pipeline for Pro products – NAB, Adobe CS3 • Changes for Apple Specific Channel Stores • New offices, demo facilities in 1st half 2007

17. New Initiatives

18. StaffBuy.co.nz

19. StaffBuy • Unique web based staff purchase scheme for medium to large companies • Provides staff with major product purchase benefits without creating FBT issues • No site maintenance required from company • Products sourced from Renaissance and other companies • Launched in New Zealand - May 2007

21. txttunes • Digital music and txting community designed for independent music artists and their fans • Involved in two major growth areas • Digital Music and Text Messaging • Beta site running in New Zealand for several months – txttunes.co.nz • Successful trial – Well received • Invested about $500k by end of ‘06 • Launch in USA 1st half ’07 – txttunes.com • Interest shown from music and telecom industries • Won award at major Digital Music Event in USA • Best artist based digital concept • Launch in UK and other countries next year

22. DataCover

23. Business data is now fully covered. DataCover™, the world’s only online data backup and recovery service with a fully integrated insurance policy is now available in New Zealand. Developed and patented by DRI International, the product exceeds USA and UK corporate governance standards for data management and protection and is the only business continuity and disaster recovery solution approved by the insurance industry globally. Uniquely DataCover combines a fulldata insurance policy under written by QBE Insurance in New Zealand, together with the highest system integrity and business focused on-line data backup and restore product available. DataCover™ provides customers with a system that backs up critical data wherever it resides world-wide and takes binary level changes or additions to that data for fast and efficient transmission to off-site Unisys Tier1 data centers via the internet. Data is encrypted to three times banking grade before it leaves your computer and is automatically sent off-site to a Unisys data centre. Data is also mirrored to another location and archivedfor a minimum of six months. Your data is available for immediate retrieval 24 hours a day 7 days a week. DataCover™ is ideal for small to medium business, desk-top and lap-top computer and server applications and will not cost the earth. DataCover provides business with policy based data management control, a scalablesolution for future growth and the chance to upgrade from expensive and out-of-date systems or inadequate backup procedures. Business is now fully covered with DataCover and trusted system partners: Contact: Renaissance Ltd Ph 09 9683600 Email nikk@renaissance.co.nz

24. Key Points

25. Key Points • Record result in 2006 • Increased Dividend payout over 2005 • Reduction in available margin from several vendors will mean lower profit for 2007 – about $6 million NPBT • Continued Sales Growth in the year • Exciting new services coming on-stream in 2007 – We are not standing still • Strategic partnerships and suitable acquisitions remain a high priority

26. Thank You