Growth Capital Partners

KRG Capital Partners, L.L.C. Announces
The Recapitalization of Trinity Hospice, Inc.

KRG Capital Partners, L.L.C. is proud to announce that on June 20, 2002 we completed the recapitalization of Trinity Hospice, Inc. (“Trinity”). Trinity represents the second new platform closed in KRG Fund II. KRG believes that Trinity is an outstanding company, which will be the platform for a consolidation in the hospice industry. For the second consecutive platform, KRG was able to close the transaction within 75 days after the execution of the letter of intent, despite a continuing tough lending market.

Trinity, headquartered in Tulsa, Oklahoma is a community-based organization devoted to clinical excellence, emotional support and the spiritual well being of its patients. Trinity is a rapidly expanding hospice company, providing palliative care to terminally ill patients. Trinity does not own or operate healthcare facilities, but rather focuses its resources on providing end-of-life patient care in a home setting. Currently, Trinity has 12 locations in seven states (OK, KS, AZ, MO, MS, LA and PA). Trinity’s website is www.trinityhospice.com.

For more information regarding this transaction, please contact KRG’s Charlie Gwirtsman (303) 390-5019 or Steve Neumann (303) 390-5012.

KRG Capital Partners specializes in acquiring and recapitalizing unique and profitable middle-market companies. KRG seeks investment opportunities where we can work in concert with the owners and operating managers who are committed to expanding their companies and becoming industry leaders. The result is a partnership that focuses on creating a significantly larger enterprise through a combination of internal growth and complementary acquisitions. This focus is directed to providing more products, services and / or capabilities to the customer.

With $450 million of new equity, our goal for 2002 was to close 5 New Platforms. Trinity represents our second platform this year. KRG is seeking 3 more platforms by December 31, 2002. While to some this may seem aggressive, please keep in mind that KRG closed 7 new platforms in 17 months in our last Fund. We intend to be aggressive with new deals that hit our industry “sweet spot”.

KRG seeks new platforms that capitalize on several global macroeconomic and geographic trends: (1) aging population (2) infrastructure (3) outsourcing (4) healthcare services / medical devices / life sciences and (5) consumer products. Target industries include Healthcare, Construction Materials, Infrastructure, Outsourcing, Life Science Contract Manufacturing, Specialty Gases, Specialty Coatings, Education / Training and Consumer Products.