ALTAMIR AMBOISE : Press release

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Paris, 6 May 2010 - Altamir Amboise informs its shareholders that Financière Hélios, one of its portfolio company, has come to an agreement with its banks.

In a press release dated today, Financière Hélios provides the information below:

"Following the safeguard procedure (Procédure de Sauvegarde ) requested by Financière Hélios in March 2009, which was contested by its banks, and in view of recent decisions delivered by the Paris Court of Appeal, Financière Hélios agrees on the banks' request for rescinding of the judgement. The Paris Court of Appeal will have the case heard on 27 May 2010 and will render its decision afterwards. Should judgement be rescinded, Financière Hélios and its banks have agreed they would come back to the original credit agreement which has been revised: it notably includes a decrease of Financière Hélios' net debt by ¤35 million. Net debt decrease will be funded by funds managed by Apax Partners SA and Altamir Amboise", Altamir Amboise's share being in the order of ¤10 million.

Should the Court of Appeal meet the parties' request, this would involve in practice that the safeguard procedure be cancelled entirely and that Financière Hélios and its banks come back to strictly contractual relations.

At 31 December 2009, Altamir Amboise's holding in Financière Hélios represented 12% in its portfolio value.

For the record, Financière Hélios is the main shareholder of Séchilienne-Sidec. It is controlled by funds managed by Apax Partners SA and Altamir Amboise.
(Please also visit: www.financiere-helios.com.)

 

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About Altamir Amboise

Altamir Amboise is a listed private equity company, targeting NAV per share growth in line with the top-performing private equity players.

The Company co-invests with the funds managed by Apax Partners SA, a leading private equity firm with over thirty years of investing experience. It offers investors access to a diversified portfolio of fast-growing companies across Apax's sectors of specialisation: Technology, Telecom, Retail & Consumer, Media, Healthcare, Business and Financial Services.

Altamir Amboise is listed on Euronext Paris, Compartment B, ticker: LTA, ISIN code: FR0000053837. It is listed in the CAC Small 90 and SBF 250 indices. The total number of Altamir Amboise ordinary shares in circulation at 31 December 2009 was 36,512,301.

For further information: www.altamir-amboise.fr

Media Relations
Agathe Heinrich - Communication Director
Tel.: +33 1 53 65 01 35
Email: agathe.heinrich@apax.fr

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