Compass Diversified Holdings (NYSE: CODI)

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04/03/07
Compass Diversified Files Registration Statement

WESTPORT, Conn., April 3, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- Compass Diversified Trust (Nasdaq: CODI) announced today that it has filed a registration statement with the Securities and Exchange Commission for a proposed follow-on public offering of stock.

Citigroup Global Markets Inc. and Ferris Baker Watts, Incorporated will act as the co-lead managers of the offering, with Citigroup Global Markets, Inc. acting as the sole book-running manager of the offering. A.G. Edwards & Sons, Inc.; BB&T Global Markets, a division of Scott & Stringfellow, Inc.; Morgan Keegan & Company, Inc.; and Sanders Morris Harris Inc. will act as co- managers of the offering.

The offering will be made only by means of a prospectus. Copies of the preliminary prospectus may be obtained from Citi, Brooklyn Army Terminal, 140 58th Street, 8th Floor, Brooklyn, NY 11220 (Tel: 718-765-6732).

A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy these securities be accepted prior to the time the registration statement becomes effective.

About Compass Diversified Trust

Compass Diversified Trust ("CODI") was formed to acquire and manage a group of middle market businesses that are headquartered in North America.

Subsidiary Businesses

Aeroglide Corporation and its consolidated subsidiaries, referred to as Aeroglide, is a designer and manufacturer of industrial drying and cooling equipment, primarily used in the production of a variety of human foods, animal and pet feeds, and industrial products. Aeroglide is based in Cary, NC and was founded in 1940.

Anodyne Medical Device, Inc. and its consolidated subsidiaries, referred to as AMD, is a manufacturer of medical support surfaces and patient positioning devices, primarily used for the prevention and treatment of pressure wounds experienced by patients with limited or no mobility. AMD is based in Los Angeles, CA and was founded in 2005.

CBS Personnel Holdings, Inc. and its consolidated subsidiaries, referred to as CBS Personnel, is a provider of temporary staffing services in the United States. CBS Personnel is headquartered in Cincinnati, OH, operates 144 branch locations in 18 states and was founded in 1970.

Compass AC Holdings, Inc. and its consolidated subsidiary, referred to as Advanced Circuits, is a manufacturer of low-volume quick-turn and prototype rigid printed circuit boards ("PCBs"). Advanced Circuits is based in Aurora, CO and was founded in 1989.

Halo Lee Wayne LLC and its consolidated subsidiaries, referred to as Halo, is a distributor of customized promotional products and serves more than 30,000 customers as a one-stop-shop resource for design, sourcing, management and fulfillment across all categories of its customers' promotional products needs. Halo is based in Sterling, IL and was founded in 1952.

Silvue Technologies Group, Inc. and its consolidated subsidiaries, referred to as Silvue, is a developer and manufacturer of proprietary, high- performance coating systems for polycarbonate, glass, acrylic, metals and other substrate materials used in the premium eyewear, aerospace, automotive and industrial markets. Silvue is based in Anaheim, CA and was founded in 1986.

    Compass Diversified Trust
    Jim Bottiglieri
    Chief Financial Officer
    203.221.1703
    jim@compassequity.com

    Investor Relations Contact:
    KCSA Worldwide
    Jeffrey Goldberger / Garth Russell
    212.896.1249 / 212.896.1250
    jgoldberger@kcsa.com / grussell@kcsa.com

SOURCE Compass Diversified Trust

Jim Bottiglieri, Chief Financial Officer of Compass Diversified Trust,
+1-203-221-1703, jim@compassequity.com; or Investor Relations, Jeffrey Goldberger,
+1-212-896-1249, jgoldberger@kcsa.com, or Garth Russell, +1-212-896-1250,
grussell@kcsa.com, both KCSA Worldwide, for Compass Diversified Trust
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