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Julie Cohen
Director of Marketing and Communications
212.701.3614
jcohen@cahill.com

Biomet Inc. to be Acquired by Private Equity Consortium

Date: 12/18/06

Biomet, Inc. announced today that it has entered into a definitive merger agreement to be acquired by a private equity consortium in a transaction with a total equity value of approximately $10.9 billion. The consortium includes affiliates of the Blackstone Group, Goldman Sachs Capital Partners, Kohlberg Kravis Roberts & Co. and Texas Pacific Group.

Cahill Gordon & Reindel LLP is representing the financing sources in connection with the acquisition.

Julie Cohen
Director of Marketing and Communications
212.701.3614
jcohen@cahill.com