Actis Names New Partners

LONDON, November 30, 2010 - Actis, a leading private equity investor in the emerging markets, has
announced the promotion of four Directors to Partner: Mumbai-based, Sanjiv
Aggarwal and Shomik Mukherjee; and Beijing-based, Tao Sun and Dong Zhong.

Commenting on the news, Paul Fletcher, Senior Partner at Actis said,
"These promotions acknowledge the significant contribution these individuals
have made to the firm and their instinctive grasp of the core values of
Actis. We are privileged to welcome Sanjiv, Shomik, Tao and Dong to the
partnership."

The appointments are effective immediately. As well as their deep
regional insights in-country, Actis Partners develop particular industry
expertise across six sectors: business services; consumer, including
healthcare; financial services; industrials; infrastructure, and real estate.

Sanjiv Aggarwal is responsible for Actis's Infrastructure business in
South Asia. Sanjiv joined Actis's India team in 2008 from Citigroup, where he
worked extensively in the Indian infrastructure sector. He previously worked
at ANZ Investment Bank for nine years, heading the project financing team for
urban infrastructure and oil & gas.

Shomik Mukherjee is responsible for managing investments in Nilgiri's,
Paras Pharmaceuticals, Halonix and Sterling Hospitals and driving new
investments in the consumer and retail sector.

Shomik joined Actis in 2007 from McKinsey & Co. in London where he was an
Engagement Manager advising companies on strategic and operational matters.
He has also worked as a consultant with Accenture and with Unilever in India.

Tao Sun is a member of Actis's global consumer and retail sector team,
and focuses primarily on the education sector. He is investment manager for
Ambow (NYSE: AMBO) where he is also a Director of the Board. Tao joined Actis
in 2008 from Merrill Lynch (Principal Credit Group) in Hong Kong, where he
was responsible for private equity deal execution and portfolio management in
China. Tao has over ten years of investment and consulting experience.

Dong Zhong focuses on the consumer and retail sector; she is the
investment manager of hot pot chain, Xiabu Xiabu. Dong joined CDC in 2001
from Beijing International Trust and Investment Corporation, where she was
responsible for managing the company's investment portfolio in the Chinese
stock market. Dong has over sixteen years of investment experience in China.

JM Trivedi, Actis's Head of South Asia commented, "The promotion of
Sanjiv and Shomik greatly strengthens our bench strength in India. Sanjiv's
knowledge of infrastructure; and Shomik's experience in the consumer sector
provide Actis with immense value and highlight our understanding of the key
themes which are powering growth in the emerging markets."

Meng Ann Lim, Head of China and South East Asia said, "The rise of the
consumer sector in China is one of the growth stories of our generation.
Dong's work with Xiabu Xiabu and our other consumer investments have equipped
her with an in-depth knowledge and unique insights. Tao is an expert in the
educational space and understands how the wish of each parent to do the very
best for their child, is driving China's rapidly growing education industry."

The global Actis partnership is now 30 people strong.

About Actis

Actis is a leading private equity investor in emerging markets with over
100 investment professionals on the ground in 9 offices worldwide and a
growing portfolio of investments in Asia, Africa and Latin America; it
currently has US$4.7bn funds under management.

Actis has pioneered control deals in India, most recently Paras
Pharmaceuticals, Sterling Hospitals and Halonix. The first Indian
infrastructure deal from Actis Infrastructure Fund 2 was Actis's US$78m
investment in a joint venture with Tata Realty and Infrastructure Ltd to
construct and manage highway projects.

Actis's China team forms a crucial part of Actis's Asia Pacific network.
In recent years, Actis has augmented its position as a leading mid-market
buyout investor in the region; recent deals include 7 Days Inn, Xiabu Xiabu
and Ambow Education.

www.act.is

    Media contact :

    Claire Davies
    cdavies@act.is
    +44-(0)207-234-5115

Media contact : Claire Davies, cdavies at act.is, +44-(0)207-234-5115