Means associated entities as defined section 50AAA of the Corporations Act 2001 (Cth) including:

1. Buzz Distribution Pty Ltd (ACN 601 790 096)
2. Buzz Supplies Pty Ltd (ACN 601 795 353)
3. Chalk Pty Ltd (ACN 101 786 403)
4. Chalk Educated Toys Ltd (CN 161 2248)
5. Child Education Pty Ltd (ACN 165 537 682)
6. CleverPatch Pty Ltd (ACN 130 866 885)
7. Cyantist Pty Ltd (ACN 601 822 119)
8. Educating Kids Pty Ltd (ACN 091 745 818)
9. Educational Colours Pty Ltd (ACN 005 708 967)
10. Educational Vantage Pty Ltd (ACN 160 681 112)
11. Kangaroo Educational Pty Ltd (ACN 002 694 911)
12. Kesco Educational Pty Ltd (ACN 101 340 88)
13. Kesco Educational Ltd (CN 149 0331)
14. Kota Ventures Pty Ltd (ACN 600 198 865)
15. Learning Can Be Fun Pty Ltd (ACN 127 480 933)
16. Learning Media Australia Pty Ltd (ACN 166 582 738)
17. Learning Media (NZ) Ltd (CN 469 5279)
18. Lesson Zone Pty Ltd (ACN 163 073 256)
19. Modern Brands Ltd (CN 160 1813)
20. Modern Brands Pty Ltd (ACN 112 894 318)
21. Modern Star Holdings Bidco Pty Ltd (ACN 639 352 686)
22. Modern Star Holdings MidCo Pty Ltd (ACN 639 351 634)
23. Modern Star Holdings TopCo Pty Ltd (ACN 639 348 665)
24. Modern Star Pty Ltd (ACN 101 306 950)
25. Modern Teaching Aids International Pty Ltd (ACN 112 775 783)
26. Modern Teaching Aids Ltd (CN 305 775)
27. Modern Teaching Aids Pty Ltd (ACN 000 628 786)
28. Parent Direct Ltd (CN 213 3624)
29. Parent Direct Pty Ltd (ACN 113 353 021)
30. R.E. Batger Pty Ltd (ACN 000 293 550)
31. Ross Haywood Sports Pty Ltd (ACN 108 820 828)
32. Sal Wholesale Pty Ltd (ACN 138 589 545)
33. Tudor Warehouse NZ Ltd (CN 213 1835)
34. World of Sport Wholesalers Pty Ltd (ACN 629 996 541)
35. Wushka Literacy Pty Ltd (ACN 603 473 810)
36. Zart Art Pty Ltd (ACN 621 120 321)

and other associated entities as may be acquired from time to time