BAI FAMILY WINE & SPIRITS LTD.

Bai Family, headed by patriarch Richter Bai, is pumping an estimated $100 million into its wine business in the Okanagan. They spent about $50 million on land and intends to spend about $50 million more to build a winery in the Black Sage Bench region of the south Okanagan. The Bai family has accumulated 67 acres of planted grape vines in that region, and it has also purchased 20 acres of orchard land in the area and another 160 acres of unplanted future vineyard land near Cawston. The winery is expected to be close to 72,000 square feet, with 50,000 square feet dedicated to production on two levels underground. Levels three and four will be above ground and be dedicated to hospitality with tasting rooms, a wine shop and a multi-purpose room linked to a small amphitheatre with seats for 400 people. The plan is to also open a restaurant with 120 seats, including 70 on a patio. Baiwan Wines Inc. is a wine wholesaler and importer located in the Royal Stouffville Golf Course.