JLL CORRECTS INACCURATE AND MISLEADING PUBLIC STATEMENTS BY LONZA - JLL
NOT
IN DISCUSSIONS WITH LONZA AND HAS NO INTENTION OF ENTERING INTO
DISCUSSIONS

NEW YORK, Aug. 27 /CNW/ -- JLL Partners, Inc. and its affiliate, JLL Patheon Holdings, LLC (collectively, "JLL"), today reiterated that they have rejected the non-binding proposal by Lonza Group AG (SIXX: LONN) to acquire all of the outstanding Restricted Voting Shares of Patheon Inc. (TSX: PTI) (the "Lonza Proposal"). By press release issued on August 21, 2009, and through separate letters and phone calls to Lonza's Supervisory Board of Directors and Chief Executive Officer and to the special committee of the Patheon Board of Directors (the "Special Committee"), JLL has definitively informed Lonza, the Lonza Supervisory Board of Directors and the Patheon Special Committee that JLL will not enter into negotiations regarding the Lonza Proposal and that its Patheon shares are not for sale. JLL is not in discussions with Lonza or any other party regarding the Lonza Proposal and any statements by Lonza to the contrary are materially false and misleading. Patheon shareholders should be aware that the Lonza Proposal cannot be consummated without JLL's support.

Given that the Lonza Proposal cannot be completed, JLL views the Lonza Proposal as a hostile attempt to adversely impact the competitive position of Patheon through an inappropriate review of Patheon's confidential information. The Lonza Proposal will only distract Patheon management from driving growth in the business and cause Patheon management to devote time and resources in pursuit of a transaction that cannot be consummated. As JLL has previously indicated to Lonza, the Lonza Supervisory Board of Directors and the Patheon Special Committee, JLL will pursue all means necessary to protect its investment in Patheon.

JLL further cautions shareholders that the attempts of the Patheon Special Committee to facilitate the Lonza Proposal are wholly without JLL's support. The Special Committee does not speak for JLL and cannot cause JLL to sell its shares or approve a transaction with Lonza. The Lonza Proposal is conditioned on, among other things, acceptance of the Lonza Proposal by the holders of at least 67% of the outstanding Patheon Restricted Voting Shares. JLL is the single largest shareholder of Patheon and holds Restricted Voting Shares representing approximately 57% of the shares outstanding. In addition to its controlling ownership position, under the terms of the Investor Agreement between Patheon and JLL, Patheon is prohibited from taking certain significant corporate actions without JLL's prior consent.