News

MP TotalCare, a Charterhouse Group Portfolio Company,
Completes Acquisition of DS Medical

New York, October 23, 2003

MP TotalCare Inc., a Charterhouse Group portfolio company, today announced that it had completed the acquisition of Medical Holdings, Inc., a leading national supplier of direct-to-consumer urological supplies that operates under the trade name DS Medical Inc. MP TotalCare is now one of the largest privately-held providers of diabetic supplies, urological products and respiratory medications in the United States.

"We are very excited about this new addition to the MP TotalCare family," said Howard Deutsch, Chairman and CEO of MP TotalCare. "DS Medical has a outstanding reputation for providing the highest quality of care to patients with chronic paralytic conditions. The business fits our strategy of pursuing acquisitions that will allow MP TotalCare to gain horizontal product expansion and leverage its management and operational capabilities. With the strong support of Charterhouse, we continue to pursue our course of rapid expansion, both through organic growth and acquisitions."

"The strategic acquisition of DS Medical establishes a new growth platform for MP TotalCare and it allows the Company to expand its client reach as a specialty pharmaceutical provider" said Jay Gates, a Charterhouse Partner. "We have a strong track record of supporting our portfolio companies as they build value by pursuing well thought-out strategies and we are delighted to be working with DS Medical's experienced management team."

MP TotalCare, a Charterhouse portfolio company since 1999, is a $125 million revenue national specialty provider of diabetic, urological and respiratory products and supplies. The Company's products are distributed to over 100,000 patients with chronic health conditions such as diabetes and chronic obstructive pulmonary disease ("COPD"). Headquartered in Tampa, Florida, MP TotalCare provides diabetic supplies, urological supplies and respiratory medications directly to patients' homes. As part of its disease management services, the Company operates a customer call center, offers education and prescription compliance programs, and accepts Medicare assignment for patients. MP TotalCare also provides outsourcing services to third parties including retail pharmacies and durable medical equipment providers.

About Charterhouse Group
Charterhouse Group is a private equity firm with three decades of experience in building leading middle-market companies. Established in 1973, Charterhouse currently manages in excess of $1.3 billion in equity through several limited partnerships. Since its inception, Charterhouse has invested in over 80 platform companies with a focus on the business services, healthcare services, telecommunications, consumer products, and industrial sectors. For more information, please visit www.charterhousegroup.com.

For more information about MP TotalCare, please visit www.mptotalcare.com.