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29th June 2008, Frankfurt

DyStar gets new President and CEO

J. Mark Allan has been appointed President and Chief Executive Officer of DyStar.

DyStar's owner, Platinum Equity (USA), has appointed J. Mark Allan as DyStar's new President and Chief Executive Officer (CEO). Effective immediately, J. Mark Allan will replace Phil Norment as President & CEO. Mark was previously serving as the COO and acting CEO and Phil Norment will remain a member of the Board of General Managers and continue to oversee DyStar in his capacity as President of Portfolio Operations for Platinum Equity.

Phil Norment commented, "Mark has had a number of roles in comparable leadership functions in a number of different industries and has managed two Platinum Equity portfolio companies prior to this appointment, where he successfully placed them on a more profitable footing for the future."

More recently Mark Allan was Senior Vice President for Platinum Equity where he was responsible for the European Portfolio company operations.

About DyStar

Formed in 1995 as a specialist in textile coloration, DyStar has transformed itself into a full solutions provider. The company now offer customers a complete range of auxiliaries and colorants via trained staff and modern service labs in all major markets. Employing 4000 people worldwide and with 20 production facilities in 11 countries DyStar has an annual turnover of approximately 850 million Euros.

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