Studio Moderna receives minority investment from Insight Venture Partners, Templeton Strategic Emerging Markets Fund III and JH Partners

Business Wire April 8, 2010

AMSTERDAM–(BUSINESS WIRE)–Studio Moderna Holdings B.V., (“Studio Moderna Group”, “the Company”) a leading electronics and consumer products retailer in Central and Eastern Europe (“CEE”), announced that a group of investors, co-led by Insight Venture Partners and Templeton Strategic Emerging Markets Fund III, LDC (“TSEMF III”), has acquired a minority stake in the Company. Among others, JH Partners joined the co-leads in this transaction.