WWA Group Holds First Major Dubai Auction of 2006

Published March 3rd, 2006


Press release

WWA Group Inc. (WWAG) (OTCBB: WWAG) today announced the successful conclusion of another auction held at WWAG’s Dubai facility during the period Feb. 21 to Feb. 23, 2006.

Record gross auction sales exceeded US$18.6 million and involved more than 380 registered bidders from 33 countries. Items consigned by 143 consignors from 18 countries, consisting of more than 1,340 items, were sold to 198 successful bidders. The auction also generated a record number of bidders that participated using our WWA BIDLive online bidding system to place bids on equipment.

WWAG’s most recent auction took place only seven weeks after its Dec. 15 to Dec. 17, 2005, auction at which more than 1,500 equipment items were sold for more than $17.2 million from our Dubai auction site.

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