TRANSACTION ANNOUNCEMENT

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GVG Corporate Finance Advisors Advises the Owner on the Sale of His Shares in the Oldoplast Group to Management and Private Investors

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Wiesbaden, August 17, 2008

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GVG Corporate Finance Advisors has advised the owner of the Oldoplast Group in connection with the sale of his shares to a consortium consisting of management and private investors as part of a succession plan.

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The Oldoplast Group includes the companies Oldoplast Kunststoffprofile GmbH & Co. KG based in Marl, Insan B.V. in the Netherlands, and InterSan (Qingdao) Trading Co., Ltd. in China.

Since its founding in July 1975, Oldoplast Kunststoffprofile GmbH & Co. KG has been developing and manufacturing plastic profiles and hoses for the window, door, roller shutter, and mining sectors. In 1980, the company expanded its development and production to include sanitary shower hoses. In the company’s in-house development department with integrated toolmaking, shower hoses—protected by patents and utility models—are continuously further developed. Oldoplast is the market leader in Europe in the area of plastic shower hoses. In the profiles sector, Oldoplast is a specialist in hard-soft combinations.