Flexpoint Fund, L.P. Debuts with $225 million in Committed Capital

HICAGO, IL, June 10, 2005 - Flexpoint Partners, LLC ("Flexpoint") announced the first and final closing of its debut investment fund, Flexpoint Fund, L.P., (the "Fund") with $225 million in total committed capital. The Fund will make investments primarily in the healthcare and financial services industries, where Flexpoint can be a value-added partner.

"We are very fortunate to have assembled a very strong and experienced group of limited partners with whom we share a common outlook," said Donald J. Edwards, Managing Principal of Flexpoint.

"We are grateful to all of our partners, especially Gerald J. Ford, our Special Limited Partner, whose guidance has been and will continue to be invaluable." Mr. Ford is one of the nation's most accomplished financial services executives. In addition to being a significant investor in the Fund, Mr. Ford is an advisor to the firm, helping identify investment opportunities and offering his expertise, particularly for investments in the financial services sector.

Flexpoint's strategy focuses on two industries where the Principals have significant investment experience, allowing the firm to add value to portfolio companies through strategy development, sharing of best practices and key industry relationships. In addition, Flexpoint will assist its portfolio companies with financing, acquisitions and other capital markets transactions.

Flexpoint was founded by Mr. Edwards, Ethan A. Budin and Charles E. Glew, Jr. Previously, the three Flexpoint Principals worked together as Principals of GTCR Golder Rauner, LLC. Collectively, the Flexpoint Principals have invested over $1 billion in more than 20 private equity transactions.

The Fund's Limited Partner Advisory Board is comprised of Mr. Ford and affiliates of the Yale University, the Massachusetts Institute of Technology, Commonfund, and the Ford Foundation.

About Flexpoint Ford, LLC

Flexpoint Ford, LLC is an equity investment firm focused on the healthcare and financial services industries. Flexpoint seeks to build relationships with executives and companies who look for Flexpoint to be a value-added partner. Flexpoint aims to invest $10 to $100 million of equity in each opportunity.