AMBOISE INVESTISSEMENT

Both the pace and the volume of investments carried out by Altamir and Amboisewere high over 2006, with €56m invested and committed by Altamir and €66mby Amboise, each one of these companies using up a significant percentage oftheir financial resources.

As a result, as at 31 December 2006, Altamir had around €24m incash assets available, with a further €18m of commitments, while Amboisehad around €30m in cash assets, with €27m of commitments.

For reference, the co-investment rates for Altamir and Amboise in any investmentsmade by Apax Partners France currently represent 25% for each of the two companies.

For 2007, this highly dynamic investment pace should continue, and Apax Partnerscurrently has a large number of potential investment projects under review whilemarket environment remains highly favourable for private equity operations.

Within this context, Altamir and Amboise have decided to mandate ABN AMRORothschild to review the different options available with a view to maintainingtheir current co-investment levels with the funds managed by Apax Partners,as the funds to be raised by the exercise of existing warrants (bons de souscriptiond’actions - BSA) could be insufficient.

These options include the possible merger of the two vehicles, the principleof which was announced last year at the time of Amboise’s initial publicoffering. Such a merger would be followed by a capital increase.

About Altamir and Amboise Investissement

Altamir and Amboise Investissement are two listedcompanies which were created by Apax Partners respectively in December 1995and at the end of March 2006. Both are designed to co-investand disinvest with the private equity investment funds managed by Apax PartnersFrance.

Altamir and Amboise Investissement leverage Apax Partners’ know howand investment strategy, which involves backing fast-growing companies, at allstages of investment, across its global sectors of Retail & Consumer, IT & Telecoms,Media, Healthcare, and Business & Financial Services.

Altamir is a SCR (S ociété deCapital Risque )listed on the Euronext Paris Eurolist market, Compartment C, Ticker:LTA, ISIN: FR0000053837.
For further information: www.altamir.fr

Amboise Investissement is a SCR (S ociété deCapital Risque ) listed on the Euronext Paris Eurolist market, Compartment C, Ticker:AMB, ISIN: FR0010307348.
For further information: www.amboise-investissement.fr

Press Contact

Apax Partners SA
Agathe Heinrich - Marketing Director
Tel.: +33 1 53 65 01 35
Email: agathe.heinrich@apax.fr