Three representatives from JLL Partners, Paul S. Levy, Ramsey A. Frank, and Thomas S. Taylor, have joined Patheon, Inc.'s board of directors, effective immediately. These appointments follow the approval by Patheon's shareholders on April 19, 2007 of a $150 million convertible preferred share investment in Patheon by JLL Partners.

"We are pleased to welcome Messrs Levy, Frank and Taylor to our board of directors," said Peter Green, chairman of Patheon. "They are highly experienced investors who have significant knowledge of the healthcare sector, having made a number of successful investments in this space. We look forward to working with them to drive strong growth in Patheon's revenues and earnings."

Paul Levy is a managing director of JLL Partners, which he founded in 1988. Prior to that, he served as a managing director of Drexel Burnham Lambert and as a chief executive officer of Yves Saint Laurent, Inc. He also served as vice president of administration and general counsel of Quality Care, Inc. and as an attorney at Stroock & Stroock & Lavan LLP.

Ramsey Frank is a managing director of JLL Partners. Prior to joining JLL in 1999, Mr. Frank served as a managing director of Donaldson, Lufkin & Jenrette Securities Corp. and as managing director of Smith Barney & Co.

Thomas Taylor joined JLL in 2005 after serving as president and chief executive officer of EPIX Holdings, a human resource outsourcer. Prior to that, he served as vice president and chief financial officer of Colorado Prime Corp. He has also worked at Kraft Foods as vice president of finance and strategy and at Central Soya as vice president and controller.

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