Notable ABL Transactions Data gathered from direct sources, news releases and other public information — covers 01/01/07 through 03/31/07

LENDER(S) & ROLE BORROWER / INDUSTRY AMOUNT* STRUCTURE & NOTES QI 2007 Transactions Deutsche, Bank of America Lenders OSI Restaurant Partners, Inc. Owner of Outback Steakhouse, other restaurant chains $2.7B $1.1B Term Loan/$250MM Revolvert/$530MM Real Estate Loan/$800MM High-yield Bond Sale Supports taking company private/Term loan: seven-year term/Revolver: six-year term ABN AMRO, Citigroup Global Markets, Morgan Stanley Senior Funding Lead Arrangers Hospira, Inc. Specialty pharmaceutical, medication delivery company $1.9B $500MM Term Loan/$1.43B Bridge Loan Supports Mayne Pharma acquisition/Bridge loan: one-year term/Term loan: three-year term Merrill Lynch Lead Arranger, Sole Bookrunner Kelson Holdings, LLC Power plant holding company $1.7B First lien facility/Second lien facility/Mezzanine loan facility Supports recap, replayment of debt GE Commercial Finance - Global Media & Communications Administrative agent, co-underwriter Prism Business Media Holdings, Inc. Business-to-business media/information company $966.0 Revolver Supports Penton Media, Inc. acquisition Bank of America Admin., Collateral Agent AK Steel Holding Corp. Manufacturer/Steel products $850.0 Revolver Replaces previous facilities Bank of America Lender, arranger Kyphon, Inc. Developer/Medical devices for spinal function $625.0-725.0 $425MM Syndicated Term Loan/$200-$300MM Revolver Supports St. Francis Medical Technologies acquisition Barclays Capital , West LB Lead Arrangers, joint bookrunners NorTex Gas Storage Company Operator/Gas storage facilities $335.0 $280MM Construction, term loan/$55MM Working capital facility Supports installation of cryogenic gas processing plants First Hawaiian Bank, Bank of Hawaii, Central Pacific Bank, Bank of America, Wells Fargo, BNP Paribas Lenders Alexander & Baldwin Inc., Matson Navigation Company Diversified corporation/Property development, Management; ocean transportation; food products $325.0 Combined credit line/A&B: $225MM, Matson: $100MM Replaces previous $358.5MM credit lines Bank of America Lender Chattem, Inc. Manufacturer/OTC healthcare products, toiletries, dietary supplements $300.0 Term Loan Supports acquisition of five Johnson & Johnson OTC brands UBS Loan Finance and UBS Securities Lender Lenox Group, Inc. Tabletop, collectible, giftware company $275.0 Revolvers Refinances previous debt GE Capital Markets Agent Standard Motor Products, Inc. Manufacturer/Automotive replacement parts $275.0 Revolver Five-year term/$50MM accordion feature Deutsche Bank Securities Sole Lead Arranger, Book Manager Town Sports International Holdings, Inc. Operator/Fitness Clubs $260.0 $75MM Revolver/$185MM Term Loan Deutsche Bank serves as Admin. Agent Wells Fargo Foothill, Watershed Administrative Arranger, agent first lien lenders/Agent second lien lenders Ascendia Brands, Inc. Provider/Premium value segments of health, beauty products sector $246.0 Revolver Supports acquisition of Healing Garden, Calgon brands GE Capital Lender TNS, Inc. Provider/Data communications services $240.0 $15MM Revolver/$225MM Term Loan B Revolver: six-year term/Term Loan: seven-year term JPMorgan Chase Bank Lead Lender Aventine Renewable Energy Holdings, Inc. Producer, distributor/Ethanol, biodiesel $200.0 Revolver Five-year term Merrill Lynch Capital Corp. Lender Callon Petroleum Co. Operator/Gulf Coast oil, gas properties $200.0 Revolver Seven-year term/Supports BP Exploration and Production Co. Entrada Field acquisition GE Commercial Finance - Corporate Lending Lender KB Toys, Inc. Mall-based toy retailer $200.0 Asset-based Credit Facility Refinances existing debt GE Commercial Finance - Corporate Lending Lender Cliffstar Corporation Producer/Private label fruit juices $175.0 Cash Flow Credit Facility Replaces previous debt Merrill Lynch Capital Lead arranger, bookrunner, administrative agent KRG Capital Partners, LLC, Tecta America Corp. management KRG: Private equity firm/Tecta America: Roofing contractor $175.0 Revolver Supports investment in Tecta America Corp. Banc of America Securities Lead Arranger Brightpoint, Inc. Provider/Wireless devices, logistics services $165.0 Revolver Five-year term/Can be increased to $240MM/Replaces existing facilities Credit Suisse Sole Bookrunner, Sole Lead Arranger, Administrative Agent Krispy Kreme Doughnuts, Inc. Retailer, Wholesaler/High-quality doughnuts $160.0 $50MM Revolver/$110MM Term Loan Revolver: six-year term; Term Loan: seven-year term Citibank Agent Nu Horizons Electronics Corp. Distributor/Semiconductor components $150.0 Revolver Refinances existing debt/Investment in new distribution facility JPMorgan Chase Bank Agent Leor Energy LP Privately held oil and gas exploration, production company $150.0 Revolver Support funding of a seven-rig drilling program/Three-year term Morgan Stanley, GE Commercial Finance Agent James River Coal Co. Coal mining company $135.0 $60MM synthetic letter of credit/$40MM term loan/$35MM revolving line of credit Morgan Stanley: Sole Lead Arranger/Lenders GE Commercial Finance - Global Media & Communications Joint Lead Arranger, Joint Bookrunner Intermedia Outdoor, Inc. Outdoor Magazine Group $130.0 Revolver Supports PRIMEDIA Outdoors acquisition Bank of America Business Capital Lender Keystone Automotive Operations, Inc. Distributor/Auto parts $125.0 Revolver Banc of America Securities acted as underwriter Merrill Lynch Capital Sole lead arranger, sole bookrunner, administrative agent Anthony, Inc. Manufacturer/Refrigerator, freezer doors, accessories $125.0 Revolver Supports refinancing of the company U.S. Bank Business Credit Lender Master-Halco, Inc. Manufacturer/Security, access control products $115.0 Revolver Includes $25MM subcomponent to Canadian subsidiary/Refinances existing facility GE Corporate Lending, Monroe Capital Advisors Lenders Navarre Corporation Publisher, Distributor/Home entertainment, multimedia product $110.0 $95MM Revolver/$15MM Term Loan GE Capital Markets arranged the transaction City National Bank, Citi Commercial Asset Based Finance Agent, Syndications agent Tower Energy Group Distributor/Petroleum products $105.0 Revolver Bank of America Business Capital Lender Hines Nurseries, Inc. Operator/Network of eight nursery facilities $100.0 Revolver Refinances existing debt JPMorgan Chase Bank, Toronto-Dominion Securities Administrative agent/syndication agent McMoRan Oil & Gas Company KRG: Private equity firm/Tecta America: Developer, Producer/Oil & natural gas $100.0 Term Loan Five year term/Supports repayment of borrowings of existing facility Banc of America Securities Lender Mothers Work, Inc. Retailer/Maternity apparel $90.0 Term Loan B Platinum Funding Group Lender Hawk One Security, Inc. Protective services company $80.0 A/R Facility JP Morgan Chase Bank, Fifth Third Bancorp Lenders Northstar Aerospace, Inc. Manufacturer/Flight critical gears, transmissions $80.0 $60MM Revolver/$20MM Term Loan J.P. Morgan Securities is arranger/Replaces previous facility Monroe Capital Co-syndication Agent Golden Gate Capital, Circle Peak Capital Private equity firms $80.0 Revolver Supports RocketDog acquisition/Wachovia Bank acted as admin. agent GE Commercial Finance - Corporate Lending Lender Tweeter Home Entertainment Group, Inc. Retailer/Specialty consumer electronics $75.0 Revolver Supports restructuring GE Capital Corporation Lender Tweeter Home Entertainment Group, Inc. Retailer/Specialty consumer electronics $75.0 Revolver Five-year term GE Commercial Finance, JP Morgan Chase Bank, Wachovia Bank Lenders Measurement Specialties, Inc. Manufacturer/Sensors, sensor-based systems $75.0 Revolver Supports BetaTHERM Sensors, YSI Temperature acquisitions Wachovia Bank Lender Benihana Inc. Restaurant operator $75.0 Revolver Supports restaurant construction, related costs GE Commercial Finance, Corporate Lending Lender Quantum Foods LLC Processor/Beef Products $71.0 Revolver Refinances previous debt PNC Bank Lender Magellan International Trading Corp. Distributor/Engineering steel bars $70.0 Revolver Refinances existing credit facility LaSalle Business Credit Lead Lender Omni Energy Services Corp. Provider/Drilling services to the oil industry $64.5 $39.5MM Term Loan/$25MM Working Capital Revolving Line of Credit Supports acquisitions HSBC Business Credit Agent Wire Rope Corporation of America, Inc. Manufacturer/Wire rope, electromechanical cable $60.0 Revolving Line of Credit Supports Fox Paine Capital Fund III, LP's Wire Rope acquisition Banc of America Securities, Comerica Bank, California Bank and Trust, Silicon Valley Bank Lenders Oversee.net Technology-driven media company $60.0 Revolver Bank of America: administrative agent/Five year term Merrill Lynch Capital Sole lead arranger/Administrative agent Tangent Rail Corp. Provider/Wood products, rail & track services for railroad industry $59.0 Revolver Supports recap/Finances existing debt GMAC CF Structured Finance Division Lender American Industrial Partners investor group Private equity firm $56.0 Revolver Supports Collins Industries, Inc. acquisition Bank of America Lead lender Omega Protein Corporation, Inc. Manufacturer/Heart-healthy fish oils $55.0 $20MM Revolver/$35MM Term Loan Five-year terms/Replaces previous debt CIT Capital Securities Lender Jaco Electronics, Inc. Distributor/Electronic components $55.0 Revolver Replaces previous $40MM GMAC facility Capstone Business Credit Lender SMP Aviation Seller/Aircraft Parts $52.5 $35MM Factoring/$17.5MM PO Financing Supports inventory purchases, expansion into Europe and India U.S. Bank Business Credit Agent Lawson Steel, Inc. Distributor/Flat rolled steel products $50.0 Revolver Standard Bank Lender Gran Tierra Energy, Inc. Producer/International oil, gas exploration $50.0 Revolver Three-year term/Supports petroleum operations in South America Citigroup Lender TiVo, Inc. Provider/Television digital video recorders $50.0 Revolving line of credit Syndicate of eight banks participating Amegy Bank Lender Infinity Energy Resources, Inc. Independent energy company $50.0 Revolver Two-year term/Initial borrowing base: $27MM Merrill Lynch Capital Administrative agent, co-lead arranger AEA Investors Provider/Private equity industry $45.0 Revolver Supports Industrial Controls acquisition GE Antares Admin Agent Wind Point Partners Private equity investment firm $43.0 $10MM Revolver/$12MM Term Loan A/$12MM Term Loan B/$9MM CapEx Facility Supports The Matrixx Group, Inc. acquisition CIT Business Credit Canada Lender Fraser Papers, Inc. Provider/Integrated specialty paper $40.0 Bridge Loan Facility 120-day term/Supports Katahdin Holdings acquisition Wells Fargo Foothill Lender Finance Lender American Business Lending, Inc. Provider/Licensed SBA non-bank lender $40.0 Revolver Merrill Lynch Capital Lead Arranger, Admin. Agent Encore FBO, LLC Operator/Fixed-based network for aviation industry $40.0 Revolver GE Commercial Finance Lead lender A123 Systems Supplier/High-power lithium-ion batteries $40.0 Revolver Other investors include: The Protector & Gamble Co., Alliance Capital, FA Technology Ventures, North Bridge Venture Partners, Sequoia Capital Merrill Lynch Capital Lead arranger, administrative agent ABRY Partners, LLC Private equity fund $39.5 Revolver Supports PSI Services acquisition PNC Business Credit, M&I Business Credit Lenders Adobe Oilfield Services, Inc. Provider/Oilfield electrical, production repair services $37.5 Revolver One-year term NGP Capital Resources Company Lender, agent Alden Resources, LLC Independent mining company $36.5 Revolver Refinances existing debt, coal properties acquisitions Crystal Capital Fund , Wells Fargo Retail Finance Agent, Lead Lender G.I. Joe's, Inc. Retailer/Sports, auto accessories $35.0 Second Lien Facility Supports recap and sale to Gryphon Capital GE Capital Solutions Commercial Distribution Finance Lender Nexus Integration Services, Inc. Provider/IP Communications, Internet Protocol solutions $35.0 Working Capital Facility GE Healthcare Financial Services Lender Juniper Communities Operator/Senior housing facilities $34.9 First Mortgage Facility Seven-year term National City Business Credit Lender Clinton Aluminum, LLC Aluminum Service Center $33.0 $25MM Revolver/$6.4MM Term Loan/$1.6MM CapEx Line Acquisition financing for private equity group Merrill Lynch Capital Lead Arranger, Admin. Agent Moss, Inc. Manufacturer/Tension fabrics for exhibit booths $30.5 Revolver Supports Nichols, Inc. acquisition NewStar Financial Admin Agent Beecher Carlson Provider/Commercial insurance, risk management $30.0 Revolver Supports future acquisitions NewStar Financial Admin Agent Al Solutions Newly formed entity of Tremont Associates $30.0 Mezzanine Financing Supports Jamegy, Inc acquisition Centaurus Capital Lender Contango Oil & Gas Company Natural gas, oil company $30.0 Term loan facility Supports exploration, development activities Wells Fargo Foothill Lender Bell Industries, Inc. Distributor/Electronic components/Electronic imaging/Recreational products $30.0 Revolver Supports SkyTel acquisition/Five-year term Healthcare Finance Group Lender Valley Presbyterian Hospital Acute care facility $28.0 $17MM Revolver/$11MM Real Estate Term Loan Healthcare Finance Group Lender Enduracare Therapy Management Services, Inc. Provider/Contract rehabilitation services $27.0 $20MM Revolver/$7MM Term loan Merrill Lynch Capital Lead Arranger, Bookrunner, Admin. Agent USA Bouquet LLC Distributor/Bouquets, fresh cut flowers $26.5 Revolver Supports recap by FdG Associates National City Business Credit Lender Dura-Bond Industries, Inc. Producer/Steel line pipe $26.0 $25MM Revolver/$1MM CapEx Line of Credit PNC Business Credit, Jefferson Capital Partners I Lenders Network Liquidators, Inc. Provider/Used networking equipment, accessories $25.7 $10MM Revolver/Capital funding/Subordinated debt Replaces existing credit facility JPMorgan Securities Lead Arranger, Bookrunner Darwin Professional Underwriters, Inc. Specialty insurance group $25.0 Revolver Three-year term/JP Morgan Chase Bank was admin agent CapitalSource Lender FiberNet Telecom Group, Inc. Operator/Integrated interconnection facilities $25.0 $6MM Revolver/$14MM Term Loan/$5MM CapEx Loan Five-year terms/Repays previous debt JP Morgan Chase, Zions First National Bank Lenders FranklinCovey Provider/Learning, performance services $25.0 Revolver Citi Commercial Asset-Based Finance Lender Hooper Holmes, Inc. Provider/Medical-related services to insurance companies $25.0 Revolver Crystal Capital Fund Agent Vision Care Holdings, LLC Operator/ EyeGlass World, The LASIK Vision Institute $24.0 Term Loan NewStar Financial Lender Cortec Group Fund IV L.P. Provider/Lower middle-market buyouts $24.0 $4MM Revolver/$20MM Term Loan Five-year terms/Supports investment in Construction Glass Industries Corp. Merrill Lynch Capital Lender Penwest Pharmaceuticals Co. Specialty pharmaceutical company $24.0 $12MM Term Loan May borrow additional $12MM through September 15, 2008 Manufacturers and Traders Trust Company Lender ClearPoint Business Resources, Inc. Provider/Workforce management solutions $23.0 $20MM Revolver/$3MM Term Loan Supports ALS, LLC (doing business as ASG) acquisition Greystone Business Credit II Lender Titan Global Holdings, Inc. Diversified holding company $22.6 $15MM Revolver/$7.6MM Term Loan Three-year terms/Repays existing credit facilities GE Healthcare Financial Services Lender Life Care Centers of America, Inc. Operator/Skilled nursing, assisted living, retirement centers $22.0 First Mortgage Debt Financing Supports acquisition of two skilled nursing facilities American Capital Strategies Lender Trigeant, Ltd. Refiner/Heavy, sour crude stock to asphalt $22.0 Term loan GE will also commit $10MM letter of credit subfacility NewStar Financial Lender Brynwood Partners V L.P. Private equity firm $22.0 $6MM Revolver/$16MM Term Loan Six-year terms/Supports majority ownership in S. Walter Packaging acquisition FTC Commercial Corp. Arranger, Agent Minson Corp. Manufacturer/Mallin outdoor furniture, pastel dining furniture $20.0 Revolver Wells Fargo Bank Lender Target Logistics, Inc. Provider/Time definite freight forwarding, logistics services $20.0 Revolver Three-year term Full Circle Capital, First Capital Lenders Ygnition Networks, Inc. Provider/Broadband services $20.0 Revolver Supports subscriber acquisitions Wells Fargo Retail Finance Lender Design Within Reach, Inc. Provider/Furnishings, accessories $20.0 $15MM Revolver/$5MM Letters of Credit Five-year term/Replaces Wells Fargo HSBC Trade Bank loan National Bank of Canada Lender Priszm Canadian Income Fund Operator/Quick service restaurants $20.0 $10MM Working capital revolver/$10MM Acquisition line Supports KFC franchisees acquisitions, capital investment Merrill Lynch Capital Healthcare Finance Group Lender Geer Senior Housing Complex Operator/Senior housing properties $19.9 $18.85MM Term Loan/$1MM Revolving Credit Line NewStar Financial Lender Audax Group Investor/Middle-market companies $17.0 $5MM Revolver/$12MM Term Loan Supports Silent Preferred Partners acquisition/Five-year terms Webster Business Credit Corp. , Israel Discount Bank of New York, Valley National Bank Lender CLVR Acquisition, Inc./RLM Acquisition, Inc. Manufacturer/Gold jewelry/Designer/Gold, silver jewelry $16.0 Revolver Three-year term/Supports acquisition of the companies Bridge Finance Group Lender LifeHouse Retirement Properties, Inc. Operator/Assisted living, skilled nursing facilities $15.6 $3.4MM Revolving Line/$12.18MM Term Loan Supports skilled nursing facilities acquisition Silicon Valley Bank Lender WebSideStory, Inc. Provider/Intelligence Solutions $15.0 Revolver Repays $20MM in principal from Visual Sciences merger HealthCapital Lender New World Equipment Funding, LLC Commercial, industrial equipment company $15.0 Revolver Bridge Finance Group Lender Rincon Industries, Inc. Conglomerate/Precision sheet metal manufacturing, data center equipment $14.5 $2.45MM Revolving line/ $12MM Term loan Supports acquisition of Paris Precision Products North Fork Business Capital Lender The Weatherly Group, LLC Private equity fund $14.0 $6.5MM Revolving Line of Credit/$7.5MM Term Loan Facility Support Fab-Tech, Inc. acquisition National City Business Credit Lender The Dickie Grabler Co. Metal Stamping Business $12.5 $9.0MM Revolver/$3.5MM Term Loan Acquisition financing for private equity group National City Business Credit Lender A. Stucki Company Manufacturer/Railcar control products $10.0 Revolver Provides acquisition financing for private equity group Wells Fargo Business Credit Lender Newtek Business Services, Inc. Provider/Business services, financial products $10.0 Revolver Supports CDS Business Services, Inc. acquisition GE Healthcare Financial Services Lender Zogenix, Inc. Specialty pharmaceutical company $10.0 Revolver Supports launch of first product Hercules Technology Growth Capital Lender Memory Pharmaceuticals Corp. Biopharmaceutical company $10.0 Term Loan MMV Financial, HSBC Capital (Canada) Lenders Antares Pharma, Inc. Developer/Drug delivery systems $10.0 Term Loans   Systran Financial Services Corp. Lender Crdentia Corp. Provider/Healthcare staffing services $10.0 Receivables-based Working Capital Replaces obligations with Bridge HealthCare Finance PNC Bank Lender Augusta Lumber Co., Inc. Manufacturer/Hardwoods $10.0 Revolver Supports recap Hercules Technology Growth Capital Lender NEXX Systems, Inc. Provider/Processing equipment for advanced wafer-level packaging applications $10.0 Debt financing JPMorgan Chase Bank Lender Avistar Communications Corporation Developer, marketer/Video collaboration platform $10.0 Revolver Initial term through Dec. 2007/Supports business operations LaSalle Bank Lender Zanett, Inc. IT consulting firm $10.0 Line of Credit Repays Fifth Third line of credit, stand-by facility Patriot Capital Funding Lender Tata Coffee, Ltd. Integrated coffee company $9.0 Syndicated second lien term loan Supports acquisition Eight O'Clock Coffee Co. NewStar Financial Lender Falcon Real Estate Investment Company, LP Owner/Gresham Square Shopping Center $8.8 First Mortgage Loan Three-year term Wells Fargo Business Credit Lender Accountabilities, Inc. Provider/Financial staffing, marketing, consulting services $8.5 $8MM Receivables Facility/$.5MM Term Loan Replaces previous debt Bridge Finance Group Lender Family Private Care, Inc. Staffing company of nurses, nurse aids, companions to clients in homes, hospitals, assisted living facilities $8.5 $3MM Revolving line of credit/$5.5MM Term loan Supports future growth KeyBank Lender MOD-PAC Corp. Manufacturer/Custom paper board packaging $8.0 Revolving Line of Credit Three-year term/Replaces previous facility Wells Fargo Bank Lender Misonix, Inc. Manufacturer/Ultrasonic equipment, lab safety equipment, pollution control products $8.0 Revolver Replaces existing $2MM Bank of America revolver GE Capital Solutions, Franchise Finance Lender Hacienda Mexican Restaurants Owner, Operater/12 restaurants $7.6 Revolver Supports acquisition of 12-restaurant chain National City Bank Lender Next, Inc. Sales, marketing organization $7.5 Revolver Supports acquisitions and future growth Wells Fargo Bank Lender QSGI, Inc. Provider/Data security, regulatory compliance $7.5 Line of Credit Increased from $4.25 million line Mercantile Capital, Baena Advisors Lenders Money Centers of America, Inc. Provider/Cash Access, financial networks to gaming industry $7.3 Revolver Replaces existing facility Business Alliance Capital Co. Lender Autopartsource, LLC Manufacturer/Brake pads $7.2 $6.5MM A/R Facility/$.66MM Term Loan Replaces previous debt Affinity Bank Healthcare Financial Solutions Lender Vista Cove Care Center at San Gabriel Skilled nursing facility $6.8 $.5MM Revolving Line of Credit/$6.3MM Real Estate Financing Bridge Business Bancorp Lender Pain Enterprises, Inc. Manufacturer/CO2 products $6.5 $3MM Revolver/$3.5MM Term Loan Supports purchase of new equipment, refinancing of debt