ENK International (ENK), the Fashion Industry's most exclusive tradeshow organization, and WSA Global Holdings LLC (WSA), the leading provider of marketing services to the global footwear and accessories industry announced that ENK will acquire WSA to accelerate ENK¡¯s fashion product category expansion while further enhancing WSA's already impressive growth. In May 2006, Forstmann Little & Co. acquired a majority stake of ENK.

Elyse Kroll, Chairman of ENK and a major shareholder, and Luis Padilla, President of ENK, who joined the company in May 2007 to drive ENK's growth strategy, will continue to lead ENK. Skip Farber, Chief Executive Officer of WSA, and Diane Stone, Chief Operating Officer of WSA, will remain as the executive team at WSA

"Both ENK and WSA have very strong market positions, excellent management teams and significant potential for growth," said Theodore J. Forstmann, Forstmann Little & Co. Senior Founding Partner. "We consider the combination of these two great companies to be the perfect storm of 'best in class' leadership and marketing in the fashion Trade Show Industry. We are very excited about the growth opportunities for this combination."

Elyse Kroll said, "Forstmann Little is the ideal partner to help the ENK ¨C WSA combined company accelerate its growth opportunities and realize its full potential. We have already begun to work with IMG Fashion in some very important areas and we believe the integration of the talented ENK and WSA management teams will allow the company to be in a position to take advantage of the many growth opportunities we see in our future.

The strength of the ENK and WSA brands and the value we bring to our customers provide many avenues for growth, and we intend to leverage this remarkable platform to significantly grow the business while maintaining continuity and stability of our valuable customer relationships."

Skip Farber added, "We are very pleased to be teaming up with ENK. Bringing these two leading companies together and leveraging market knowledge, strategy and customer relationships provides us with the opportunity to create one of the most powerful fashion and footwear tradeshow and marketing services companies in the world.

The market knowledge and trend leadership for which ENK is renowned combined with the strategic and customer focus, organizational and operational expertise we have built at WSA will enable us to deliver maximum value to both sets of customers. Both companies have a heritage of strong and valued customer relationships, which we intend to continue to enhance to provide and an even better customer experience going forward."

Forstmann Little also has a significant presence in the Fashion Industry through its ownership of IMG Worldwide, the world's premier sports, entertainment and media company. IMG owns and produces Mercedes Benz Fashion Week in New York, as well as, numerous other fashion events globally.

Berkery, Noyes & Company, LLC acted as the WSA's exclusive financial advisor in the transaction. Kirkland & Ellis LLP acted as counsel for Forstmann Little & Co. and Katten Muchin Rosenman LLP acted as counsel for WSA.