Avista Capital Partners to Open London Office as Part of European Expansion

NEW YORK and LONDON, June 28, 2010 - Avista Capital Partners ("Avista"), a leading private equity firm, today
announced it has formed Avista Capital Europe as part of its strategy to
expand its European presence. Avista Capital Europe will be based in London
and the firm has recruited a team of veteran private equity professionals -
Newton Aguiar, Allen Yurko, and Kunal Pandit - to form the Avista office
there.

Each of Avista's new European team members come from DLJ Merchant Banking
Partners (DLJMB), Credit Suisse's private equity arm, from which Avista spun
out in 2005. Mr. Aguiar will be a Partner at Avista and head the firm's
activities in Europe. Mr. Yurko joins the firm as an Industry Executive and
Mr. Pandit as a Vice President.

The London office will be Avista's third office. It currently has offices
in New York, New York and Houston, Texas.

Thompson Dean, Avista's Co-Managing Partner and Co-CEO, said, "We are
excited to welcome Newton, Allen, and Kunal to Avista as we take this
significant and natural step in the growth of our firm. We are very pleased
with the strength of our current portfolio in Europe, and believe a permanent
office and the leadership, talent, and experience of our new colleagues will
enhance the ability of Avista Capital Europe to capitalize on the compelling
investment opportunities we see in the European region."

Avista's current European portfolio includes Celtique, an exploration and
production energy company based in London; ConvaTec, the global leader in
specialty wound care with significant operations in Europe; Hansa
Hydrocarbons, a London-based exploration and production energy company; and
Nycomed, a global specialty pharmaceutical business headquartered in Zurich,
Switzerland.

The Avista team has a successful track record of investing in Europe,
both as part of Avista as well as during their time at DLJMB. Building upon
this foundation, Messrs. Aguiar, Yurko, and Pandit will pursue controlling
investments or influential minority investments primarily in European-based,
growth-orientated healthcare, energy, and media companies.

Previously, Mr. Aguiar spent four years at DLJMB, where he was a Managing
Director and Partner. From 1999 to 2005, he was a Partner at Triton, a
leading European private equity firm, where he focused on the healthcare
industry. Mr. Aguiar started his private equity career at Advent
International, where he was based in London and Paris. Prior to that, he
worked in the health care Investment Banking group at Alex. Brown & Sons, and
for Millipore Corporation in Boston and Paris. Mr. Aguiar holds a BSc in
Chemistry from McGill University in Canada and an MBA from the Kellogg
Graduate School of Management, Northwestern University. Mr. Aguiar has been a
Director of several successful private companies, including Nycomed, where he
worked alongside Avista and where he will remain a Director.

Mr. Yurko was the European Industrial Partner at DLJMB, focused on
growth-oriented industrial and business services companies. Previously, he
was an Operating Partner and Director at Compass Partners. Earlier in his
career, Mr. Yurko spent nearly 25 years at public companies, including early
management positions with Eaton Corporation and Joy Manufacturing Company. He
joined the UK Industrials Group Siebe plc (London) in 1989 and became Siebe's
Chief Executive Officer in 1993. In 1998, he led the merger of Siebe with BTR
to form the UK's largest Industrials group (renamed Invensys plc) and became
the first CEO of the combined Group. Mr Yurko holds a Bachelors of Business
from Lehigh University and an MBA from Baldwin-Wallace College. Mr. Yurko
will remain on the boards of DLJMB portfolio companies Guala Closures and
Landis+Gyr.

Before spending three years at DLJMB, Mr. Pandit served as a member of
the Leveraged Finance Group at Lehman Brothers in London. Prior to that, he
was a member of the investment banking department at Lehman Brothers,
specializing in the telecoms, media, and technology sectors. Mr. Pandit holds
an M.A. and B.A. (Hons) from Cambridge University and an MBA (Hons) from
Wharton Business School. He is currently a director of Guala Closures and
remains actively involved with the company.

About Avista Capital Partners

Avista Capital Partners is a leading private equity firm with offices in
New York, NY and Houston, TX. Founded in 2005, Avista's strategy is to make
controlling or influential minority investments primarily in growth-oriented
healthcare, energy, and media companies. Through its team of seasoned
investment professionals and industry experts, Avista seeks to partner with
exceptional management teams to invest in and add value to well-positioned
businesses. For more information, visit www.avistacap.com.

    Contact
    Diana Postemsky, Kekst and Company, +1-212-521-4805

Diana Postemsky of Kekst and Company for Avista Capital Partners, +1-212-521-4805