Acquisition of Masonite by KKR Completed Today
TORONTO, April 6, 2005 - Masonite
International Corporation (TSX and NYSE: MHM)
announced today that the plan of arrangement
providing for the acquisition of Masonite by
Stile Acquisition Corp., an affiliate of Kohlberg
Kravis Roberts & Co. L.P. (KKR), was completed
today.
Shareholders should refer to Masonite's management
information circular dated March 4, 2005 for
information regarding receipt of the payment
of C$42.25 per share for their Masonite shares.
Masonite is a unique, integrated, global building
products company with its corporate headquarters
in Mississauga, Ontario and its international
administrative offices in Tampa, Florida. It
operates 82 facilities in 18 countries in North
America, South America, Europe, Asia and Africa
and has approximately 14,000 employees. The
company sells its products to customers in over
70 countries. For more information, visit www.masonite.com.
KKR is one of the world's oldest and most experienced
private equity firms, with offices in New York,
Menlo Park, California and London, England.
For more information, visit www.kkr.com.
Contacts:
John F. Ambruz,
Executive Vice-President, Strategic Development
Masonite International Corporation
Telephone: (905) 670-6500
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