Grupo Boticário Joins The Carlyle Group as Strategic Partner in Scalina, the Largest Women’s Intimate Apparel Company in Brazil

Sao Paulo, Brazil – Global alternative asset manager The Carlyle Group and Scalina, Brazil’s largest manufacturer and retailer of women’s intimate apparel, today announced that Grupo Boticário, a major Brazilian company in the cosmetics, toiletries and fragrances space through two brands – O Boticário and Eudora – has become a strategic partner, agreeing to purchase a minority stake in Scalina. Proceeds from the investment will help to fuel Scalina’s growth, among other purposes. Financial terms were not disclosed. The transaction is subject to usual conditions and is expected to close in 30 days. Ronaldo Heilberg, Co-founder and Chairman of the Board of Scalina, said, “We are honored to partner with Grupo Boticário, one of the most respected companies in Brazil. This is another important chapter in Scalina’s transformation since we partnered with Carlyle in August 2010.” Juan Carlos Felix, Carlyle’s Managing Director in the region and Vice-Chairman of the Scalina Board, said, “The entrance of Grupo Boticário positions Scalina and its brands – Trifil and Scala – as the best platform, in terms of competencies and governance, to absorb the expected growth in this industry.” Artur Grynbaum, Grupo Boticário’s CEO, said that this is the group’s first step into the fashion sector. “This minority acquisition is part of the diversification strategy that the group is undergoing, with the goal of being a serious contender in the beauty and fashion segments. We look forward to sharing our expertise in retail and franchising with Scalina.” Scalina’s CEO Victor Serra analyzed the benefits of the new association, saying, “The association with Grupo Boticário will bring significant benefits to the entire business chain of Scalina. Both organizations bring together value propositions and business models that are aligned and complementary, offering a wide range of potential marketing and operational synergies. I’m very confident that our two brands – Trifil and Scala – will benefit from this. On behalf of everyone at Scalina we welcome our new partners of Grupo Boticario.” Established in 2008, the Carlyle South America Investment Advisory team of nine professionals has already completed three transactions, two in conjunction with other Carlyle funds, totaling nearly US$1 billion in equity: CVC, the largest tour operator in Latin America; Qualicorp, a provider of health benefits management services in Brazil; and Scalina. * * * * * About Scalina Scalina, the largest intimate apparel company in the Brazil with 48 years in the market, has over R$400 million in revenues. The company has two top of mind brands, Scala and TriFil, besides licenses such as Mormaii and Turma da Monica. Currently, Scalina has professional governance and an independent management team. The brand Trifil, a reference in pantyhose and lingerie, is present in 18,000 points of sales in all Brazilian states. Brand Scala, one of the largest networks of casual and intimate apparel in Brazil, operates through a total of more than 100 franchised and owned stores, as well as selected multi-brand retailers. Scalina Group employs more than 4500 people in Brazil and has 3 plants (Itabuna – BA and Bonsucesso – SP). www.scalasemcostura.com.br  www.trifil.com.br/  About Grupo Boticário The Grupo Boticário is a Brazilian enterprise. The organization was created in March 2010 to operate in a structured way in a scenario of opportunities and a competitive market. Currently, the Grupo Boticário controls the consumer goods companies O Boticário – with 34 years of success - and Eudora – created in February 2011. The expertise acquired over the company’s business path places the Grupo Boticário in a highlight position in the beauty market, which is increasingly demanding to understand the customers aspirations. The investments on research, innovation, technology and infrastructure are being strengthened to support the growth. With about 3,700 collaborators, the Grupo Boticário is ready to go beyond and take part in the country growth, in a relevant manner, with generation of jobs and income and with attitudes based on sustainability. About The Carlyle Group The Carlyle Group is a global alternative asset manager with approximately $153 billion of assets under management across 89 funds and 49 fund of fund vehicles as of March 31, 2011*. Carlyle invests across four segments – corporate private equity, real assets, global market strategies, and fund of funds solutions – in Africa, Asia, Australia, Europe, the Middle East, North America and South America focusing on aerospace, defense & government services; consumer & retail; energy; financial services; healthcare; industrial; technology & business services; telecommunications & media; and transportation. The Carlyle Group employs more than 1,100 people in 20 countries. Web: www.carlyle.com Video: www.youtube.com/OneCarlyle. (*Includes acquisitions of AlpInvest Partners B.V. and Emerging Sovereign Group LLC on July 1, 2011.)