Book value of interest       % held Shares Amounts owing to   Issued share capital R   2006   2005   2006 Rm’s   2005 Rm’s   2006 Rm’s   2005 Rm’s Held by Italtile Limited                           Retailing                           Italtile Ceramics Limited 36 383 618   100   100   1   1   92   59     Issued share capital Effective % shareholding   2006 R     2005 R   2006     2005 Held by subsidiaries                                       RETAILING                   Italtile Australia (Pty) Limited # 57 072 821     57 072 821   70,8     70,8 International Tap Distributors (Pty) Limited 200     200   59     50 Earlyworks 191 (Pty) Limited 100     100   60     60 Penates Logistics (Pty) Limited 100     —   100     —                     FRANCHISING                   Italtile Franchising (Pty) Limited 1 000     1 000   100     100                     PROPERTY INVESTMENT                   F.B. Ashman (Pty) Limited 100     100   100     100 Allmuss Properties (Pty) Limited 1 500     1 500   100     100 Allmuss Botswana (Pty) Limited # # # 4 651     4 651   100     100 Allmuss Properties Namibia (Pty) Limited # # # # 100     100   100     100                     INVESTMENT HOLDING                   Italtile Mauritius (Pty) Limited # # 1 589     1 589   100     100 Cladding Finance (Pty) Limited 100     100   100     100   #   Incorporated in Australia. # #   Incorporated in Mauritius. # # #   Incorporated in Botswana. # # # #   Incorporated in Namibia.