ABOUT

BOSCA CHILE S.A. is a Chilean company that was established in 1985 by virtue of a joint venture of New Zealand companies and Chilean partners, and it launched wood stoves with secondary air system in the Chilean market.

In 1988, the Chilean partners acquired the shares owned by the New Zealand companies, thus acquiring the control of the company and effectively maintaining the BOSCA® brand in the control of BOSCA CHILE S.A.

After 22 years in business, the company is the leader in the Chilean market, and the BOSCA® brand has become the generic name for wood stoves in the domestic market.

In 2005, BOSCA CHILE S.A. signed a commercial agreement with INDUSTRIAS HERGOM S.A. (Spain) and became the Chilean distributor of their products under the HERGOM® and HEARTHSTONE® brands. This commercial agreement also makes INDUSTRIAS HERGOM S.A. the distributor of BOSCA´s products in Spain and Portugal.

Exports

The company’s exports amounted to US$ 1,415,000 in 2007, and its products are being sold in Argentina, Uruguay, Paraguay, Ecuador, Guatemala, Mexico, France, Spain, Portugal, United States and Canada.

Product Certification

In 2005, BOSCA CHILE S.A. obtained EPA Certification for our Gold 400 wood stove, and in 2007 our Spirit 550, Classic 450 and Limit 450 wood stoves obtained EPA Certification. Additionally, in 2006, the company obtained CE Certification for our Spirit 500 wood stove, and in 2007, it obtained CE Certification for our Classic 400, Eco 380, and Aresta 400 wood stoves.

Pellets Stoves

During 2006, and in conjunction with American engineers, BOSCA CHILE S.A. began the development of its pellet stove line, and our first model was the Spirit 500 pellet stove, presented at the HPBExpo 2007, at Reno. At the present HBPExpo, we are showing three new models of pellet stoves: the Classic 500, based on our Spirit 500, and the Soul 700 (50,000 BTU stove) in two versions, Freestanding and Insert.

Bosca Stoves

Our stoves are made of folded steel plates that are welded with MIG welding. The surfaces, which are specially treated for maximum paint adherence, are painted with high temperature - resistant paint (Charcoal, High Temperature (Forrest Paint Co. USA)).

The stove door has 5- mm thick ceramic glass, which is resist ant to high temperatures and heat shock (Neoceram®'ae ( Nippon Electric Glass Co. Ltd, Japan) or Robax®'ae (Schott Glass, Germany)).

The components used in our pellet stove are produced in the United States by businesses that are well known and experienced in the industry.