FOR IMMEDIATE RELEASE

February 1, 2007

Contact: Alex Rossi

(212) 218-5093

arossi@ceaworldwide.com

CEA Advises on the Sale of
Sarmiento Advertising Group to Fuel Outdoor

Tampa, Florida. Communications Equity Associates (“CEA”) announced today that Publicidad Sarmiento S.A., a leading Argentine outdoor advertising company, had successfully completed the sale of its Miami business, Sarmiento Advertising Group LLC, to Fuel Miami LLC, a subsidiary of Fuel Outdoor Holdings LLC (“Fuel Outdoor”).  CEA advised the Sellers in the sale process and was assisted by FS Partners, an Argentine investment bank.

Sarmiento Advertising Group is the owner and operator of an outdoor advertising concession in the City of Miami.  Fuel Outdoor is a New York-based outdoor advertising company owned by investment funds related to the investment firm Och-Ziff Capital Management.

Alex Rossi, Managing Director of CEA’s Latin America Group, advised the Sellers in the transaction.  Mr. Rossi is based in CEA’s New York office.

About CEA

Founded in 1973, CEA is a leading provider of investment banking services and private equity to the global communications, media, entertainment, and information technology industries.  With a team of highly experienced personnel worldwide, CEA has an unequaled depth and breadth of industry knowledge, expertise and long-standing industry relationships. CEA has completed over 900 transactions totaling $40 billion in 60 countries. CEA’s international reach is extended to key markets, in particular Munich, London, Madrid, Paris and Prague through its European partnership goetzpartners.  CEA’s affiliates also manage, co-manage or participate in a worldwide family of private equity funds with committed capital of approximately $1.15 billion for private equity investments in the industries CEA serves. CEA’s reputation and track record of success are built on delivering innovative, value-added solutions and services to clients worldwide. CEA Media Group, LLC is a member of the NASD and SIPC.