Press Releases
SOURCE: DH Capital, LLC

DH CAPITAL ADVISES SAN JUAN CABLE, LLC ON ACQUISITION OF SAN JUAN, PUERTO RICO CABLE SYSTEM

NEW YORK, NY - October 31, 2005 - DH Capital, LLC announced today that it served as exclusive strategic advisor to San Juan Cable, LLC, in its acquisition of the cable system serving San Juan, Puerto Rico from Century Communications Corp., a partnership between Adelphia Communications Corporation and ML Media Partners.

San Juan Cable, LLC is a newly formed cable company backed by MidOcean Partners, L.P. and Crestview Capital Partners, L.P. The company's Chief Executive Officer is Ron Dorchester. The company's newly upgraded facilities serve approximately 138,000 customers in the San Juan metropolitan area.

Tyler Zachem, Managing Director of MidOcean Partners stated, "Along with our partners at Crestview Capital Partners, we are excited to have closed on this opportunity and we look forward to continuing to serve the San Juan market with cutting edge video and data services. We are also pleased with the assistance that DH Capital provided us every step of the way as we negotiated the challenges inherent in this deal."

"DH Capital has worked with MidOcean and Crestview over the past year to bring this transaction to fruition," said Townsend Devereux, Managing Director at DH Capital. "Due to the complicated nature of the Adelphia bankruptcy situation, both the buyers and the sellers needed uncommon patience to bring this transaction to a successful conclusion. We believe this system is a great platform for the buyers. With new owners, an invigorated management team, and a newly upgraded plant, We believe San Juan Cable will be an unqualified success."

About DH Capital, LLC
DH Capital is an investment banking partnership serving the media, Internet and telecommunications industries. Based in New York, the firm's principals have extensive experience and proven abilities in capital formation, finance, research, business development and operations. DH Capital provides a full range of advisory services to companies and financial institutions including private placements, mergers & acquisitions, financial restructuring, and operational consulting. The principals of DH Capital have led hundreds of transactions including mergers & acquisitions totaling in excess of $10 billion, private equity placements totaling more than $800 million, and debt placements totaling in excess of $8 billion.

For additional information on DH Capital, please contact us at 212-698-7990.

About MidOcean Partners
MidOcean Partners is a premier private equity firm focused on the middle market. Based in New York and London, MidOcean is committed to investing in high-quality middle market companies with stable market positions and opportunities for growth. Targeted sectors include consumer and leisure, media and communications, business and financial services and select industrial sectors. MidOcean utilizes a broad foundation of expertise in its focus industries and its transatlantic platform to create value for its investors and partners. For more information, visit www.midoceanpartners.com

About Crestview Partners
Crestview Partners is a $1.4 billion private equity fund founded in 2004 by a group of former Goldman Sachs partners and colleagues who had served in leadership roles in the firm's private equity business and senior management. Crestview's founding partners have invested nearly $6 billion in a wide range of industries in North America and Europe, including media, healthcare, building products, chemicals, and real estate-related. The firm can invest in equity or debt, public or private, U.S. or international, and control or non- control investments.