Our Brands

Tolsen Hammer Sledge TPR Handle 1.8kg 25044

€14.59 Ex. VAT

Tolsen Screwdriver VDE 5.5x125 38002

€3.21 Ex. VAT

Demon Tools Speed Demon Mini 115mm Speed Square Black DT-66603

€7.28 Ex. VAT

Portwest PW42 ClipOn Ear Protector - Yellow

€8.93 Ex. VAT

Footprint 10 x 1'' Cold Chisel 590

€9.72 Ex. VAT

Footprint 18 x 3/4'' Cold Chisel 590

€14.59 Ex. VAT

Easiplumb (Pack 5) 1 1/4" Inlet Trap Washers

€4.02 Ex. VAT

Easiplumb 1/2" Repair Brass Compression Coupling

€10.53 Ex. VAT

Easiplumb 11/4"/11/2" Universal Bottle Trap

€12.97 Ex. VAT

Easiplumb 3/4" Pushtite Straight Coupling

€7.28 Ex. VAT

Easiplumb 4" Sink Plunger 9" Handle

€5.65 Ex. VAT

Easiplumb 5" Round Siphon Washer

€3.21 Ex. VAT

Misc Xtrade 3 Piece Set 22" & 14" Handsaw & Scaffold Spirit Level

€24.35 Ex. VAT

Rotabroach SITEH3RO 10 Piece Car Reamer Metric Kit

€650.37 Ex. VAT

Misc Tile Mate Professional 10mm U Notched Trowel 600.044

€8.12 Ex. VAT

UniLite FL-1300R LED flashlight

€81.26 Ex. VAT

Marshalltown QLT Margin Trowel 5x2" 10738

€5.65 €4.02 Ex. VAT

Winter Sale

Milwaukee Baseball Cap Performance Dark Grey

€30.04 Ex. VAT

Faithfull 6" Prestige Combination Square Black Aluminium FAICS150CNC

€16.22 Ex. VAT

Winter Sale

UniLite SG-YIO Safety Glasses with Indoor/Outdoor Lenses

€13.78 Ex. VAT

Snickers 1130 Yellow/Grey High-Vis 37.5 Insulated Jacket Class 3

€174.80 Ex. VAT

Stealth Mounts Milwaukee 12v Battery Mounts (6 Pack) BM-MW12-RED-6

€16.22 Ex. VAT

Steinel Pressure Roller 40mm - Teflon

€52.80 Ex. VAT

Dargan 2X 18V Cordless Grass Trimmer (2x2Ah)

€138.17 Ex. VAT

Jefferson JEFCSS25-MP 25-Piece Combination Spanner Set

€121.91 Ex. VAT

Robert Sorby PE600T Proedge Trizact Belt 600 Grit WPE600T

€16.22 Ex. VAT

Robert Sorby 832H Fluted Part ToolHSS 2mm B832023

€65.00 Ex. VAT

Robert Sorby 842 Bowl Gouge HSS (10mm - 13mm)

€56.87 - €73.13 Ex. VAT

Milwaukee 4932492877 Sand Belt NW Coarse 10x330-5pc

€13.78 Ex. VAT

Pica -Dry Refill Leads Water soluble / Wipe clean (Red)

€9.75 Ex. VAT

Pica -Dry Refill Leads Water soluble / Wipe clean (Yellow)

€9.75 Ex. VAT

Hikoki C3607DA 36V 185mm MultiVolt Brushless Circular Saw (Bare Unit)

No Price Available

Bessey SVH400 Flooring And Ratchet Clamping System

€42.23 Ex. VAT

Portwest PW40 Classic Ear Protector - Yellow

€5.65 Ex. VAT

Smart HCRB Trade Tungsten Carbide Rasp

€12.15 Ex. VAT

Trend HM/SHEAR/A Hand Mitre Shear with Trapezoidal Blade

€69.07 Ex. VAT

Starrett D0005 5mm Diamond Tile Drill

€12.15 Ex. VAT

Starrett BTR81014-5 Bi-Metal King Cut Demolition Blade 203mm 10-14 TPI (Pack 5)

€19.47 Ex. VAT

Stanley 0-65-399 T40 Torx Tamper Proof Torque Screwdriver

€7.28 Ex. VAT

Stanley 0-10-590 Slim Knife

€8.09 Ex. VAT

Stanley 0-10-780 Fatmax Fixed Blade Utility Knife

€15.41 Ex. VAT

Stanley STST1-70713 Folding Sawhorse (70 x 5.6 x 82.2 cm)

€56.90 Ex. VAT

Milwaukee 4932464565 205mm VDE Long 45° Round Nose Pliers

€40.61 Ex. VAT

Toptul 3/8" Drive Socket Satin 6pt (7-24mm)

€2.40 - €4.02 Ex. VAT

Powerplus 20v 20L Ash Vacuum (Bare Unit)

€56.87 Ex. VAT

Hikoki CV18DBL 18V Brushless Multi-Tool (Bare Unit)

€211.34 Ex. VAT

Hikoki DV18V 690W Rotary Impact Drill

€110.53 Ex. VAT

The Big Cheese Rat & Mouse Killer² Grain Bait Sachets - 6x25g

€6.46 Ex. VAT

Dargan 6in Long Nose Visegrips

€14.59 Ex. VAT

Dargan 7pce Holesaw Set

€8.90 Ex. VAT

Dargan Pocket Oil Tanned Belt

€48.74 Ex. VAT

Charnwood W815 Mini lathe, electronic variable speed, 8" x 12", cast iron bed

€203.21 Ex. VAT

Stihl FSA 50 36V Battery Strimmer / Brushcutter Kit (AK10+AL101)

€282.11 Ex. VAT

Metabo W 18 LT BL 11-125 5" Brushless Angle Grinder (Bare Unit)

€162.56 Ex. VAT

Wera 05135881001 8000 B Black Edition Zyklop Speed Ratchet with 3/8" drive

€89.39 Ex. VAT

Stanley1913 IceFlow Bottle Flip Straw 1060 ml - Frost

€40.61 €32.48 Ex. VAT

Portwest Metal Free Glove Clip A002 - Black

€2.43 €2.03 Ex. VAT

CLEARANCE

Misc Professional Tool Industry 18, 250FT Mason Line, Reel

€8.09 Ex. VAT

Jefferson 24'' Cr-V Steel Head Bolt Cutter JEFBCT600

€32.48 Ex. VAT

Tolsen 9 Piece Electritians Bi-Metal Holesaw Set 75860

€35.73 Ex. VAT

Tolsen Ratchet Podger Spanner 19X21mm 15295

€13.78 Ex. VAT

Tolsen 5pcs Black & Gold Step Drill Bits Set 75879

€32.48 Ex. VAT

Portwest PW39 - Extra Wrap Around Spectacles Smoke

€3.24 Ex. VAT

Portwest PW39 - Extra Wrap Around Spectacles Clear

€3.24 Ex. VAT

Hikoki UV3628DAJYZ 36V Brushless Vibrator

€512.15 Ex. VAT

Easiplumb 1 1/4" Basin Waste Silicone Seal Set for Basin Waste

€4.02 Ex. VAT

Easiplumb 1/2" Brass Compression Elbow

€4.02 Ex. VAT

Easiplumb 3/4"/22mm Pipe Cover Kit - Chrome

€6.46 Ex. VAT

Easiplumb 32mm White Waste Swept Elbow

€3.21 Ex. VAT

Easiplumb 40mm White Waste M x F Knuckle Elbow

€3.21 Ex. VAT

Easiplumb Diaphragm Washer for Siamp Filling Valves

€6.46 Ex. VAT

Easiplumb Replacement 11/4" Waste Trap Seal Kit

€4.02 Ex. VAT

Bahco 3940-150-18-ST-5P Reciprocating Blade for Heavy Metal 150mm 18 TPI (Pack 5)

€22.72 Ex. VAT

Misc Heavy Duty Ice Scraper & Brush SCR321

€8.09 Ex. VAT

Bahco Red Marking Chalk Pour Bottle - 227 g

€3.21 Ex. VAT

Dargan 2pk Copper Pipe Slicer set 15mm & 21mm

€29.23 Ex. VAT

Dargan Fiberglass 50m Open Case Tape

€28.41 Ex. VAT

Cramer 82T20 82V 2.0kW Grass Trimmer (Bare Unit)

€333.33 Ex. VAT

Draper XP20 20V 1/4" 200NM Brushless Impact Driver (1x4Ah & Fast Charger)

€203.21 €81.26 Ex. VAT

Winter Sale

Bahco B219.010RB 10 Piece Colour Coded Screwdriver Set SL/PH/PZ/TX

€32.48 Ex. VAT

Dargan 18V Li-ion 2Ah Battery

€28.41 Ex. VAT

Robert Sorby PELGJ Proedge Long Grind Jig WPELGJ

€18.66 Ex. VAT

Milwaukee 4932492461 Combination Plier 165mm

€26.79 Ex. VAT

Milwaukee 4932492462 Combination Plier 180mm

€30.60 Ex. VAT

Kreg HD Protec-Kote Pocket-Hole Screws #14 Coarse-Thread Maxi-Loc (64mm) (30 pce)

€6.13 Ex. VAT

Kreg Micro Drill Bit and Guide Bushing for DB210 Foreman Machine DB210-MBB

€56.87 Ex. VAT

Makita P-52093 Performance Flat Drill Bit Set - 8pc

€15.40 Ex. VAT

Bolle SUPERBLAST Scratch Resistant Anti-Mist Safety Goggles - Clear Lens

€16.22 Ex. VAT

Bosch GRG 18V-16CCG 18V 16kN 25mm Rivet Gun L-BOXX (Bare Unit)

€731.67 Ex. VAT

Toro Recycler 21" Electric Start Mower

€609.72 Ex. VAT

Milwaukee M25 Knockout Die - 1pc

€40.61 Ex. VAT

Milwaukee 48005027 300mm x 5tpi Wood with Nails AX Demolition Sawzall Blades - 5pc

€30.85 Ex. VAT

Paslode 141204 IM350 2.8mm x 51mm Galv Nails 3300pk + Fuel Cells 3pk

€69.06 Ex. VAT

Bosch GLL 3-80 C + BM1 + Clamp + TP Professional Line Laser (L-BOXX) Click and Go Set

€528.41 Ex. VAT

Metabo KPA 18 LTX 600 18V Caulking Gun (Bare Unit)

€308.90 Ex. VAT

Trend Craft saw blade 160mm triple pack CSB/160/3PK/A

€65.00 Ex. VAT

Trend Two Flute Cutter 3mm diameter C001AX1/4TC

€14.59 Ex. VAT

Stanley 0-10-481 Fatmax Retractable 18mm Snap Off Knife - 18mm

€15.66 Ex. VAT

Stanley 0-10-189 Springback Safety Knife

€11.34 Ex. VAT

Stanley 0-10-855 Stanley Folding utility knife

€12.97 Ex. VAT

Stanley 2-17-205 Fatmax Compass Saw (300mm | 12")

€12.97 Ex. VAT

Stanley 2-84-185 Carpenters Pincer 250mm

€18.66 Ex. VAT

Bosch GTA 600 Folding Table Saw Stand For GTS 10 J

€113.78 Ex. VAT

Milwaukee 4932352543 10mm ShockWave Impact Duty Magnetic Nut Driver

€8.09 Ex. VAT

Milwaukee 4932464567 160mm VDE Diagonal Cutter

€42.24 Ex. VAT

Milwaukee 4932472259 18in Deep Reach Torque Lock Locking C Clamp

€52.80 Ex. VAT

Milwaukee INKZALL Extra Large Chisel Tip Marker Blue 4932471561

€4.84 Ex. VAT

Toptul Piston Ring Compressor (125-175mm)

€15.41 - €31.67 Ex. VAT

Toptul VDE Insul. Cable Knife with Replaceable Blade

€14.59 Ex. VAT

Toptul 1/4"Drive star bit socket satin (T10-T40)

€3.21 Ex. VAT

Powerplus 20v Reciprocationg Saw (Bare Unit)

€52.80 Ex. VAT

Free 2ah Battery & Charger

Tec7 Gun

€26.78 Ex. VAT

Karcher Steam Cleaner SC 1 Multi & Up Extra

€97.52 Ex. VAT

Autoglym Carpet Seat Shampoo CIS500 Car Detailing Valeting 500ml Single

€14.59 Ex. VAT

CK HD Classic Strike Through Screwdriver Slotted 10x200mm T4811 08

€21.10 Ex. VAT

Dargan 3inch Robust G-Cramp

€8.09 Ex. VAT

Gardencare LMX46P Push Lawnmower 46cm/18"

€267.48 Ex. VAT

Misc HSS High Speed 3/4" Steel Drill Bit (3/4 Shank)

€21.91 €5.68 Ex. VAT

LIMITED TIME ONLY!

Tolsen Hand riveter (2.4 - 4.8mm) 43003

€12.15 Ex. VAT

Hilka 9 pce Downlights Holesaw Set 76200008

€12.15 Ex. VAT

Protool 12" Adjustable Wrench PT46010412

€16.22 Ex. VAT

Protool 15" Adjustable Wrench PT46010415

€20.28 Ex. VAT

Protool 18" x 18mm Cold Chisel with Guard PT01040118

€16.22 Ex. VAT

Tolsen Screwdriver Slotted:6.5x100mm 20144

€1.99 Ex. VAT

Tolsen Plier Wire Stripping & Crimper 215mm 38052

€6.46 Ex. VAT

Tolsen Chisel SDS Plus Flat 14x250x40mm 75442

€4.02 Ex. VAT

Festool 577569 Cordless Hammer Drill BHC 18-Basic-4,0 (FREE 1x4.0Ah)

€399.00 Ex. VAT

Portwest FP32 Aluminium Twist Lock Carabiner - Silver

€15.44 Ex. VAT

Portwest PS09 - Impervious Tech Spectacles Smoke

€8.93 Ex. VAT

Footprint 2.5lb Fibreglass Handle Club Hammer 119

€18.66 Ex. VAT

Easiplumb 11/2" Sink Trap Double Inlet conversion Kit

€8.90 Ex. VAT

Easiplumb 3/4"CxC Isolation Valve(Lever Operated)

€8.90 Ex. VAT

Easiplumb Side Entry Plastic Float Valve

€8.90 Ex. VAT

Easiplumb Sink Plunger & Drain Wire Set

€12.15 Ex. VAT

Easiplumb Pack of 2 x 4" Wall Brackets

€5.65 Ex. VAT

Misc Rechargeable Hot Water Bottle Blue HW130

€24.35 Ex. VAT

Tala 12" General purpose Bowsaw

€9.72 Ex. VAT

Bahco SLX17 17 Piece Metric 3/4" Drive Socket Set

€292.64 Ex. VAT

Bahco 3906 Sandflex Hacksaw Blades 300mm (12") x 18 TPI

€1.63 Ex. VAT

Bahco 502 Jigsaw holder

€24.35 Ex. VAT

Knipex 95 32 320 Cable Shears (Ratchet Action) Telescopic Handles Multi-Component Grips 320mm

€325.16 Ex. VAT

Cramer 82B26 backpack blower (Bare Unit)

€373.17 Ex. VAT

Milwaukee 4932471300 190 x 30 x 1.6 x 24T Circular Saw Blade

€28.41 Ex. VAT

Milwaukee 4932480679 3/8'' Drive 14mm Spark Plug Socket

€24.35 Ex. VAT

Kreg Zinc Pocket-Hole Screws #7 Fine-Threa Maxi-Loc (32-38mm) (100 pce)

€5.28 Ex. VAT

Kreg Bench Clamp with Automaxx 152mm/6" KBC6

€47.93 Ex. VAT

Faithfull 25 Piece Quick Change Bit Set FAISBSET25Q

€17.48 Ex. VAT

Knipex 97 99 500 F-Compression Connector x10 End Sleeves

€16.22 Ex. VAT

Milwaukee M63 Knockout Punch - 1pc

€89.39 Ex. VAT

Milwaukee 49005460 100mm x 6tpi Hackzall Blades - 5pc

€12.15 Ex. VAT

Milwaukee Bi-Metal Traditional Jigsaw Blade T118BF (5 Pack)

€7.28 Ex. VAT

Starrett SB6-A Reciprocating Saw Blade Kit - 5pc 150mm

€19.47 Ex. VAT

Starrett CT100 Tungsten Carbide Tipped Hole Saw 25mm

€21.91 Ex. VAT

Metabo GA 18 LTX G 18V Die Grinder (2x5.2Ah)

€486.99 Ex. VAT

Stanley 0-20-556 Fatmax Jab Saw 160mm

€12.15 Ex. VAT

Milwaukee 48229926 7.5M/25ft STUD Tape Measure

€30.85 Ex. VAT

Toptul Cable Cutter & Crimper

€23.54 Ex. VAT

Toptul 3/4"Dr Impact Socket 6pt (17-46mm)

€12.15 - €24.35 Ex. VAT

Toptul 1/4"x1/4" Hex Shank Socket Adapter x 25mmL

€2.40 Ex. VAT

Stihl RT5112.OZ 43" Twin Blade Tractor Mower

€3,982.93 €3,902.43 Ex. VAT

ProDec 4in Paint Tray Liner X 5

€1.61 Ex. VAT

Tec7 WP7-101 Liquaseal Liquid MS Polymer 4L

€161.79 Ex. VAT

Knipex 92 32 29 Precision Tweezers

€20.28 Ex. VAT

Festool 494942 Domino Tenon Beech Wood 10 x 24 x 50mm - 85 Pack

€17.85 Ex. VAT

Festool 499812 EVA Adhesive, Natural EVA nat 48x-KA 65

€134.11 Ex. VAT

Festool 768116 Quick-Action Clamp FS-RAPID/L

€52.80 Ex. VAT

CK Coax Cable Stripper T1271

€28.41 Ex. VAT

Dargan 30inch Hercules Bar

€17.85 Ex. VAT

Dargan Bungee Cords 6pce

€5.65 Ex. VAT

Milwaukee M12FIR14G2-0 M12 1/4" Fuel Gen 2 Ratchet (Bare Unit)

€195.08 Ex. VAT

Evolution R185CCSX+ 1600W 185mm Track Circular Saw

€130.04 Ex. VAT

Charnwood SS16F 16" Variable Speed Scroll Saw with foot switch, work light & PTO

€138.17 Ex. VAT

Estwing 15oz Ultra Framing Hammer Smooth E6/15S

€69.07 Ex. VAT

Bahco F Clamps with Rubberised Handle

€7.28 - €49.55 Ex. VAT

Jefferson Stair Climber Hand Truck JEF0101

€121.91 Ex. VAT

LMA Temple Anti-UV T-Shirt - Navy

€16.22 Ex. VAT

Benson Garden Hose Nozzle 005715

€5.65 Ex. VAT

LMA Devin Anti-UV T-Shirt - Grey

€16.22 Ex. VAT

Tolsen Retractable Utility Knife 30008

€4.02 Ex. VAT

Jefferson Tundra 16 Piece 1/2'' Drive Impact Socket Set TUNISOCS12-16

€130.04 Ex. VAT

Cramer 48V96 48V 2.0Ah Battery

€117.07 Ex. VAT

Bolle CONTPSI Contour Clear Safety Glasses

€12.97 Ex. VAT

Tolsen Aluminum Alloy Multi Angle Measuring Six-Fold Ruler 41045

€16.22 Ex. VAT

Portwest FP44 Quick Connect Tool Lanyard - Green

€3.24 Ex. VAT

Easiplumb 1/2" Straight Brass Compression

€4.02 Ex. VAT

Easiplumb 1/2" x 3/4" M.I. Brass Compression Elbow

€7.28 Ex. VAT

Easiplumb 11/2" Combined Shower Trap with Waste & Removable Grid Chrome

€13.78 Ex. VAT

Easiplumb 32mm Connector for Flexy Waste

€6.46 Ex. VAT

Easiplumb Pk/5 3/4" White Hinged Pipe Clips

€4.02 Ex. VAT

Easiplumb Replacment WC Flush Valve Washer ( Fluidmaster )

€9.72 Ex. VAT

Metabo GE 950 G PLUS Die Grinder

€276.38 Ex. VAT

Husqvarna BV30 14ft.(4.2M) Concrete Screed Blade

€650.37 Ex. VAT

Lighthouse elite Tech-Light600 LED Inspection Light 600 Lumens L/HETECH600R

€37.39 Ex. VAT

Winter Sale

Milwaukee M18FPFTNCSET 18V 30M Non-Conductive Fish Tape Drum (2x2Ah)

€569.07 Ex. VAT

Makita P-90043 17 Piece Nutrunner and Bits Pouch

€20.28 Ex. VAT

Stealth Mounts Dewalt 18V Battery Board With Handle BD-DW20-H-1

€20.28 Ex. VAT

Stealth Mounts Makita 18V Battery Board With Handle BD-MK18-H-1

€20.28 Ex. VAT

Protool PTCDRX300 10.8V Drill Driver (1x1.3Ah)

€40.60 Ex. VAT

Dargan 2 in 1 Cordless Hedge Shears/ Trimmer

€32.48 Ex. VAT

Robert Sorby Sovereign Collet Pilot Bored SOV C06

€16.22 Ex. VAT

Robert Sorby 472 Tip Holder W472

€12.97 Ex. VAT

Robert Sorby PE120C Proedge Ceramic 120 Grit WPE120C

€8.09 Ex. VAT

Robert Sorby PESQW Proedge Premium Square Guide WPESQW

€28.41 Ex. VAT

Robert Sorby 888/0 Micro Sandmaster B888/0

€34.92 Ex. VAT

Milwaukee 4932492347 680 g Ball Peen Hammer

€44.67 Ex. VAT

Dargan PMP002 Ready Float 15 x 35CM (14")

€16.22 Ex. VAT

Dewalt DCH733X2 54V XR FLEXVOLT SDS Max Combi Hammer Drill (2x9Ah)

No Price Available

Knipex 97 99 908 Assortment Boxes With Twin Wire Ferrules

€10.53 Ex. VAT

Rotabroach 1 Litre Cutting Fluid RD208

€9.72 Ex. VAT

Milwaukee 48001082 300mm x 6tpi S1211K Frozen Material Sawzall Blade - 1pc

€20.28 Ex. VAT

Milwaukee 48001430 230mm x Coarse Grit S1130R Cast Iron / Fibreglass Sawzall Blades - 3pc

€19.47 Ex. VAT

Timco 1/2" Single Handed Keyless Chuck

€16.22 Ex. VAT

Smart H32BM1 Trade 32Mm Bi Metal Blade

€8.09 Ex. VAT

Starrett CTD16 16mm Carbide Tipped Deep Cut Hole Saw

€17.85 Ex. VAT

Starrett D0078 22mm Diamond Hole Saw

€24.35 Ex. VAT

Starrett BTR61014-5 Bi-Metal King Cut Demolition Blade 152mm 10-14 TPI (Pack 5)

€16.22 Ex. VAT

Starrett 111 Stair Gauge Fixture Attach

€50.37 Ex. VAT

Trend Bearing guided trimmer 12.7mm diameter C195X1/2TC

€34.11 Ex. VAT

Stanley 0-46-702 Joiners Bevel 225mm

€26.79 Ex. VAT

Stanley FMHT0-10827 Folding Pocket Trimming Knife Standard Blade 170mm

€17.85 Ex. VAT

Milwaukee L4FFL-201 USB Folding Flood Light Kit

€89.39 Ex. VAT

Toptul Circlip Plier Set 4pce

€91.02 Ex. VAT

Toptul Flexible Nylon Grease Gun Hose 12"

€8.90 Ex. VAT

Toptul Petrol Compression Tester Kit

€56.87 Ex. VAT

Toptul Power Extension Set 3pc

€5.65 Ex. VAT

Toptul 1/4"Drive deep socket satin 6pt (7-14mm)

€4.02 - €4.84 Ex. VAT

Hikoki UB18DAL 14.4/18V Battery Powered Torch (Bare Unit)

€24.35 Ex. VAT

CK Magma Cable Strap MA2726

€5.65 Ex. VAT

Dargan 12mm Spanner

€4.84 Ex. VAT

Dargan 1/2in x 5in Ext. Bar

€7.28 Ex. VAT

Dargan 10pce Allen Key set

€8.09 Ex. VAT

Dargan 24inch Nail Bar

€12.97 Ex. VAT

Dargan 3in Paint Scraper Durasoft Handle

€3.66 Ex. VAT

Dargan 8inch Taping Knife

€7.28 Ex. VAT

Dewalt Pro Canvas Belt

€12.19 Ex. VAT

Benson 2 Pack Weed Scraper Kit 004923

€4.02 Ex. VAT

Draper 10 Pack 280 x 115mm Glass Sandpaper Assortment 74881

€4.84 Ex. VAT

Tolsen 3.2 Welding electrodes 44953

€12.97 Ex. VAT

Tala 900g(32oz) Rubber Mallet TA69505

€12.15 Ex. VAT

Univet 6x3F Clear Goggle Face Screen

€5.68 Ex. VAT