ABOUT SANDLER

Sandler Capital Management has managed both hedge funds and private equity funds since 1980 and 1989, respectively. The firm has $1.3 billion in combined assets under management and uninvested commitments. Sandler's private equity effort focuses on three core industry sectors: media, communications, and entertainment. Sandler's investment professionals have over 200 years of combined experience as research analysts, portfolio managers, financial advisors, investment bankers, and private equity investors. For more information please visit, www.sandlercap.com.