PRESS RELEASE

Helo Group Oy owned by AAC Capital Partners creates the world’s number one sauna manufacturer

Stockholm, 21 August 2008 – In a deal that will combine two of the world’s leading sauna companies, AAC Capital has, through its portfolio company Helo Group Oy (formerly Saunatec Oy), agreed to acquire the Tylö Group from the Janson family. The acquisition will create the world’s largest sauna manufacturer with industry leading brands like Helo, Finnleo, Tylö and Kastor.

Established in 1949 and based in Halmstad, Sweden, Tylö is one of the leading sauna companies in the world. The company develops, manufactures and markets a broad product range that includes sauna heaters, steam bath products, control units and sauna accessories. Tylö’s core markets are Sweden, Russia, Norway and France.

Established in 1919, Helo is based in Hanko Finland, with the core markets being Finland, USA, Germany and the UK. In the beginning of 2008, Helo acquired Lumilaude OY.

Johnny Wärnelöv, Chairman of Helo says: “This is a great opportunity to combine two leaders in the sauna industry. The industry benefits from the global wellness trend, where a growing number of people focus on looking after their bodies and health. We also see signficant growth opportunities in the world market, which has huge untapped demand. We expect synergies in sourcing and administration, while the distribution and brand names will continue to operate without major changes”

Completion of the deal is conditioned upon regulatory approval.