Abstract: A panel wall system in which there is provided a base plate in the form of a channel having a number of slots at predetermined positions in the walls of the panel and panels which have extensions adapted to fit into the channel defining the base plate. The extensions have ears thereon which engage the slots so that the spacing from one panel to the next and also the position of the panel relative to the base plate is fixed. The panel system is provided with flashing affixed to the base plate and a suitable skirting member is disclosed.