Hephaestus Holdings, Inc. ("HHI"), through its Jernberg Holdings, Inc., Impact Forge Group, Inc. and Kyklos Bearing International, Inc. (“KBI”) subsidiaries, is the largest independent manufacturer of forged parts and a leading manufacturer of wheel bearings for the North American automotive industry. Jernberg Holdings, Inc. and Impact Forge Group, Inc., through their respective subsidiaries, manufacturer highly engineered symmetrical and asymmetrical forged parts for various power train and wheel-end applications. KBI is the leading producer of Gen III wheel bearings in North America. HHI is owned by KPS Capital Partners, LP and MC Capital Inc., a subsidiary of Mitsubishi Corp. Employing nearly 2,000 employees, HHI operates eight manufacturing facilities located in the Chicago, Illinois, Indianapolis, Indiana, Coldwater, Michigan, and Sandusky, Ohio vicinities. NEWS ARTICLES: December 21, 2006 THE WALL STREET JOURNAL "How Financiers Pursue Profit At Skidding Auto-Parts Maker" October 3, 2006 KPS Special Situations Funds' Portfolio Company, Hephaestus Holdings, Inc., Announces Sale of Minority Equity Interest to Mitsubishi Corporation July 18, 2006 KPS Special Situations Funds' Portfolio Company, Jernberg Holdings, Inc., A Subsidiary Of Hephaestus Holdings, Inc., Completes $57 Million Recapitalization March 6, 2006 BUYOUTS "KPS Tunes Up Auto Parts Maker" September 8, 2005 KPS Completes Acquisition Of Jernberg Industries Inc., Iron Mountain Industries LLC And Related Entities Out Of Chapter 11 Bankruptcy September 5, 2005 BUYOUTS "KPS Wades Into Auto Space"