WinWholesale Acquires Tri-State Electric Supply, Inc.

Acquisition allows company to establish stronger presence in Ohio, Kentucky, Indiana

DAYTON, Ohio, April 10, 2007 - WinWholesale Inc., one of the nation's largest wholesale distributors, has acquired Ohio-based Tri-State Electric Supply, Inc., a regional distributor of electrical products primarily to commercial and residential electrical contractors. Tri-State has branches in Cincinnati, Columbus and Dayton, Ohio.

Terms of the transaction were not disclosed.

"We're very happy to welcome Tri-State Electric Supply to the Win Group of Companies as we continue to grow WinWholesale," said Rick Schwartz, WinWholesale president and CEO. "It's an excellent company with an established base of loyal customers that allows us to build a stronger presence in the electrical market in Ohio, Kentucky and Indiana."

WinWholesale just completed a record year with $2.6 billion in revenue and opened 16 new locations in 2006, including six in its wholly-owned subsidiary, Noland Company, which mainly serves the southeastern U.S.

Tri-State was founded in Cincinnati in 1984 and had 2006 revenues of $24 million. "Becoming part of WinWholesale is a great opportunity for Tri-State Electric Supply to continue growing the company with one of the best wholesaling organizations in the country and serve our loyal customers while acquiring new ones. Making a move like this is something that's been on the drawing board for a while and now is a reality," said Chuck Niesen, Tri-State president.

About WinWholesale Inc.

WinWholesale Inc. is a leading supplier of domestic and industrial supplies and materials headquartered in Dayton, Ohio. The privately-held company consists of nearly 450 wholesaling corporations in which WinWholesale is an equity partner, and also Noland Company, a wholly-owned subsidiary. Noland is a wholesaler headquartered in Newport News, Va. with more than 100 branches. Collectively, WinWholesale is referred to as "The Win Group of Companies." In the group are companies conducting business-to-business wholesale distribution of plumbing and heating supplies; industrial pipes, valves and fittings; heating, ventilation, air conditioning and refrigeration equipment; electrical equipment; electronics; industrial and commercial fastening hardware; waterworks and utility supplies; and domestic, commercial and industrial pumps.