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Paris, 21 December 2006 – The    funds managed by Apax Partners France, including Altamir and Amboise Investissement,    have acquired a 49.9% holding in Equalliance. The other shareholders are Equalliance's    founder and directors, as well as SPEF LBO and Naxicap Partners , subsidiariesof Natexis Private Equity which remain 10% shareholders.

Equalliance is one of the leaders in investment real estate in France. Formed    in 1998 by Patrice Cavalier, the group originally specialised in real estate    development, under the name of Océanis. Today, Equalliance is an integrated    group covering three business segments:

  • Real estate development, with Océanis,        which provides a wide range of investment products (De Robien/Borloo, Girardin,        LMP, LMNP, etc.),
  • Property administration, with La SIT,            which is active in co-ownership management, rental management, real estate        rental, sales and purchases,
  • Parahotel operation, with Groupe Suites Résidences (formerly            SGCR), focusing on the development of residences aimed at business clients        (under the My Suitelnn and My Suite brands).

The Equalliance group is headquartered in Montpellier and employs 300 people    across France. In 2006, it is expected to generate operating income in excess    of €15 million with revenues of over €250 million.

Daniel Cremades, Chairman of the Board of Directors of Equalliance, said: ?Apax's    acquisition of a stake marks a turning point for our group, which will now be    able to accelerate its development, particularly through external growth. With    the support of our new partner, we aim to double in size rapidly and – why not – also    launch an IPO.?

Monique Cohen , Partner at Apax Partners, said: ?We are delighted to support    the development plans of such a dynamic team of entrepreneurs. The prospects    for the group are very bright due to the complementary activities and the quality    of the Océanis name.?

For further information on Equalliance:

About Altamir and Amboise Investissement

Altamir and Amboise Investissement are two listed companies which were created    by Apax Partners respectively in December 1995 and at the end of March 2006.    Both are designed to co-invest and disinvest with the private equity investment    funds managed by Apax Partners France.
   Altamir and Amboise Investissement leverage    Apax Partners ' know how and investment strategy, which involves backing fast-growing    companies, at all stages of investment (LBO, growth capital, venture capital),    across its global sectors of IT & Telecoms,    Media, Healthcare, Retail & Consumer and Business & Financial Services.

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

Amboise Investissement is a SCR (S ociété de Capital        Risque ) listed on the Euronext Paris Eurolist market, Compartment C,        Ticker: AMB, ISIN: FR0010307348.
       For further information:

For further information, please contact:

Apax Partners SA – Marketing Department
Agathe    Heinrich
   Tel: + 33 (0)1 53 65 01 35

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