-Caveat Lector-

How they got Blair to support war.

http://www.carlyle.com/news.htm#06

May 14, 2001

John Major Appointed European Chairman of The Carlyle Group


     London - The Carlyle Group is pleased to announce that John Major,
the former Prime Minister of Great Britain, will be joining the firm as
Chairman of Carlyle Europe.

     In that capacity, Mr. Major will serve as Chairman of Carlyle.s
European private equity funds and their advisory boards. Mr. Major will
also be involved in providing counsel and advice to the senior Carlyle
investment professionals, now operating in Barcelona, Frankfurt, London,
Madrid, Milan, Munich, and Paris. Carlyle.s European private equity funds
pursue and make investments in management buyouts, venture capital and in
real estate.

     As part of his activities, Mr. Major will serve on the boards of
directors of several of the companies in which Carlyle.s European private
equity teams make investments.

     In addition, Mr. Major will serve on Carlyle.s Asia Advisory Board,
and will be involved with Carlyle.s investment activities in other parts
of the world.

     Frank Carlucci, The Carlyle Group.s Chairman, said: .John Major is an
experienced, well-respected European and global leader. We are honoured
that he has chosen to join Carlyle as he ends his political career and
begins a new career in the business world..

     Mr. Major said: .I have enjoyed my time in politics but it is now
time to move on. Carlyle is pre-eminent as a private equity firm and I
have greatly enjoyed working with them over the past few years as a member
of the European Advisory Board. The firm.s strong commitment to Europe,
its global reputation, and its unquestioned integrity were all factors in
my decision to take on this role and I very much look forward to expanding
my involvement with such a world class organisation..

* * * * *

     The Carlyle Group is the world.s largest global private equity
investment firm, managing more than $13 billion of equity capital. The
firm operates 15 private equity funds in the United States, Europe, Asia
and Japan. Since it was founded in 1987, the firm has invested $5.8
billion and achieved an Internal Rate of Return of 34% on that invested
capital.

     In Europe, acquisitions made by Carlyle.s Buyout Fund include the
following: Andritz (Austria), Groupe Genoyer (France), Honsel (Germany),
Otor (France), Riello (Italy). In addition it has made significant
investments in Beru (Germany), Lafarge Speciality Materials (France), Le
Figaro (France), and Digiplex (Pan-European).

     The European Venture Capital Fund has made 16 investments to date in
the following sectors: communications technology and services, software
infrastructure, online services and online financial services.

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