PROVIDENCE EQUITY PARTNERS CLOSES $12 BILLION EQUITY INVESTMENT FUND ______

Providence, RI (USA), February 21, 2007 – Partners Inc., the leading global private investment firm specializing in equity investments in media, entertainment, communications and information companies, announced today it has closed a new $12 billion equity fund, Providence Equity Partners VI. The new fund is the firm’s sixth fund since it was founded in 1990. Providence Equity now manages approximately $21 billion in total equity commitments. “We are gratified by the strong support of our limited partners who enabled us raise this substantial new fund in only four months,” said Jonathan M. Nelson, Chief Executive Officer of Providence Equity Partners. “We remain focused on delivering superior returns to our investors through our distinctive approach to equity investing.” Investors in Providence Equity Partners VI include corporate, state and sovereign pension funds, university endowments, private foundations, funds of funds, and high net worth individuals.

About Providence Equity Partners Inc. Providence Equity Partners Inc. is a global private investment firm specializing in equity investments in media, entertainment, communications and information companies around the world. The principals of Providence Equity manage funds with approximately $21 billion in equity commitments and have invested in more than 100 companies operating in over 20 countries since the firm's inception in 1990. Significant investments include Bresnan Broadband Holdings, , Com Hem, Digiturk, Education Management Corporation, eircom, , Idea Cellular, Kabel Deutschland, Metro-Goldwyn-Mayer, Ono, PanAmSat, ProSiebenSat.1, Recoletos, TDC, VoiceStream Wireless, Warner Music Group, Western Wireless and Yankees Entertainment Sports Network. Providence Equity is headquartered in Providence, RI (USA) and has offices in New York and London. The firm is in the process of opening offices in Hong Kong and New Delhi.

# # #

Media Contact: Andrew Cole Sard Verbinnen 415-618-8750