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Company Press release: Zodiac enters into exclusive discussions with Carlyle to combine Zodiac Marine with Water Pik, already jointly owned by Carlyle and Zodiac

( April 14, 2007, 13:56 GMT | Official Statement) -- Extract: Over the past weeks, The Zodiac Group and The Carlyle Group have engaged into discussions regarding the potential transfer of the Marine Segment of the Zodiac Group (“Zodiac Marine”) to a holding company jointly owned by Carlyle and Zodiac. It is contemplated that, following such transfer, Jandy Pool Products, Water Pik’s pool equipment operations, will be combined with the new entity.April 17, 2007- Issy-les-Moulineaux - Over the past weeks, The Zodiac Group and The Carlyle Group have engaged into discussions regarding the potential transfer of the Marine Segment of the Zodiac Group (“Zodiac Marine”) to a holding company jointly owned by Carlyle and Zodiac. It is contemplated that, following such transfer, Jandy Pool Products, Water Pik’s pool equipment operations, will be combined with the new entity....

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