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Mid Europa Partners to acquire CM LIM

24 April 2008

Mid Europa Partners announced today that it has agreed to acquire up to 100% of Centrum Medyczne LIM Sp. z o.o. ("CM LIM") from the founding investor group. The transaction whose financial details were not disclosed is expected to close in the summer of 2008.

CM LIM is the third largest - in revenue terms - private healthcare provider in Poland offering comprehensive outpatient medical care and diagnostic services to corporate subscribers and individual patients. The Company, which serves over 230,000 corporate and individual patients, operates a network of 15 branded clinics located in the largest Polish cities and cooperates with over 300 affiliated private providers throughout Poland.

Matthew Strassberg, who led the transaction for Mid Europa, commented: "CM LIM, with its well established reputation for high quality patient care targeted at the premium market segment, represents an important complement to our existing portfolio of outpatient healthcare providers, LUX MED and Medycyna Rodzinna acquired last year. This investment illustrates Mid Europa's commitment to the buy-and-build strategy for the very promising Polish heathcare services market."

Dr. Barbara Ciepielewska, CM LIM's CEO said: "CM LIM's founders, most of whom continue to be involved in the day-to-day operations of the Company, have worked hard over the past 17 years to build a premier outpatient healthcare provider. Following discussions with a number of potential investors, we believe Mid Europa is the right partner for our business going forward. Mid Europa's experience and commitment to the sector backed by significant resources will ensure strong support for our ambitious development plans."

Anna Rulkiewicz, CEO of LUX MED and Medycyna Rodzinna added: "The strong growth in demand for private outpatient medical services has placed significant pressure on rapid investment in information technology, facilities, and top quality staff. The entry of CM LIM into the Mid Europa healthcare platform ensures the required scale to undertake such investments."

Michelle Capiod, Pawel Padusinski, Valerie Unger and Jan Krzewinski executed the transaction. Mid Europa was advised by Linklaters and PwC.

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