Sentinel acquires Dupont's Anchorage Systems Business

Newly-Formed Fasloc, Inc. Well Positioned To Benefit from Promising Coal Industry Outlook

NEW YORK, October 3, 2005 - Sentinel Capital Partners, a private equity firm that invests in promising, smaller middle-market companies, announced today the acquisition of the Anchorage Systems business of E.I. du Pont Nemours and Company (NYSE: DD), a leading manufacturer of specialized resin cartridges used in underground mines to create strong and reliable roof bolting systems. Sentinel has formed a new company, Fasloc, Inc., to hold the assets acquired from DuPont. Financial terms of the sale are not being disclosed.

Headquartered in Martinsburg, West Virginia, Fasloc manufactures polyester resin cartridges, under the Fasloc® and Cableloc® brands, that permanently secure roof support bolts used in mines to create stable and secure roofs, particularly in underground coal mines in the Eastern United States. The business has a history of innovation related to manufacturing, products and applications.

"This is a classic Sentinel Capital transaction that is within our sweet spot in the niche manufacturing sector," said Paul Murphy, partner of Sentinel. "We have demonstrated again our ability to successfully acquire companies that are smaller, non-core operations of large corporations."

Anchorage Systems has nearly 100 employees and a senior leadership team who have worked together for more than 10 years. "We are excited about our new partnership with Sentinel," said Max Burnham, President of Fasloc. "The management and employees of Fasloc are dedicated to continuing to provide our customers with the highest level of product quality and technical service."

"With Sentinel, we believe that we have an excellent fit for both the business and employees to prosper in the future," said Nick Fanandakis, vice president and general manager of DuPont Chemical Solutions Enterprise. "Fasloc's experienced management, manufacturing and sales teams will remain in place to assure a smooth transition process providing the same high levels of service and product quality to customers."

"Industry forecasts indicate the coal mining business is expected to continue growing and that demand for roof bolt resins will mirror that trend," said Tom Fitzpatrick, an operating partner at Sentinel. "Fasloc® and Cableloc® are premium products with superior technology elements and a history of product innovation. We look forward to working with this excellent management team to continue developing the business in North America."

Sentinel recently completed raising $319 million of capital for Sentinel Capital Partners III, L.P. In addition to a number of acquisitions and realizations over the past 16 months, Sentinel in June acquired Madill Inc., a leading manufacturer, marketer and distributor of forestry equipment, in a transaction valued at Cdn $80 million.