leading acquirer and manager of middle market businesses, announced today the results from the Company's Annual Meeting of Shareholders held on Friday, May 23, 2008, in Norwalk, CT. At the meeting, the Shareholders of the Company approved all resolutions put before them, including the election of two directors to serve for three-year terms on the board of directors and the appointment of the Company's independent auditor.

James J. Bottiglieri and Gordon Burns were elected Class II directors on the Company's Board of Directors until the 2011 Annual Meeting. Mr. Bottiglieri has served as a director of the Company since December 2005, as well as its chief financial officer since its inception on November 18, 2005. Mr. Burns has been a private investor since 1998. Previously he was responsible for investment banking at UBS Securities and before that was a Managing Director at Salomon Brothers Inc.

Also at the meeting Shareholders ratified the appointment of Grant Thornton LLP as independent auditor for the Company for the fiscal year ending December 31, 2008.

About Compass Diversified Holdings ('CODI')

CODI was formed to acquire and manage a group of middle market businesses that are headquartered in North America. CODI provides public investors with an opportunity to participate in the ownership and growth of companies which have historically been owned by private equity firms or wealthy individuals or families. CODI's disciplined approach to its target market provides opportunities to methodically purchase attractive businesses at values that are accretive to its shareholders. For sellers of businesses, CODI's unique structure allows CODI to acquire businesses efficiently with no financing contingencies and, following acquisition, to provide its companies with substantial access to growth capital.

Upon acquisition, CODI works with the executive teams of its subsidiary companies to identify and capitalize on opportunities to grow those companies' earnings and cash flows. These cash flows support distributions to CODI shareholders, which are intended to be steady and growing over the long term.

Subsidiary Businesses

Aeroglide Holdings, Inc. 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.