D&M Holdings Inc. Completes Acquisition of Philips Sound Solutions

Brussels - January 5, 2007 - RHJ International (the "Company"), a limited liability company organized under the laws of Belgium, having its registered office at Avenue Louise 326, 1050 Brussels, announces, today, that D&M Holdings Inc. has completed the purchase of Philips Sound Solutions (PSS) from Royal Philips Electronics (NYSE:PHG, AEX:PHI). A translation in English of the announcement published by D&M Holdings Inc. in Tokyo on January 5, 2007, is attached. D&M Holdings Inc. (www.dm-holdings.com) is one of the current seven portfolio companies of the Company. D&M Holdings Inc. manufactures markets and sells premium audio-visual systems and components and digital entertainment home networking products for home and professional use. D&M Holdings Inc. markets these products under its brand names Denon, Marantz, McIntosh Laboratory, Boston Acoustics, Snell Acoustics, D&M Professional, Denon DJ, Replay TV®, and Escient®. D&M Holdings Inc. is listed on the second section of the Tokyo Stock Exchange under the ticker 6735. The Company currently holds approximately 51.3% of D&M Holdings Inc.'s issued and outstanding shares (not including the exercise of any stock acquisition rights). DISCLAIMER This announcement does not constitute an offer or invitation to purchase any securities. FORWARD-LOOKING STATEMENTS The attached announcement contains forward-looking statements. All statements other than statements of historical fact are statements that could be deemed forward-looking statements. These statements are based on the current plans, estimates and projections of D&M Holdings Inc. as well as on its expectations of external conditions and events. Forward-looking statements involve inherent risks and uncertainties and speak only as of the date they are made. Neither the Company nor D&M Holdings Inc. undertake to update any of the statements in light of new information or future events, except to the extent required by applicable law. For further information, please contact : Arnaud DENIS Investor Relations Manager RHJ International e-mail : adenis@rhji.com Please click on the link below to open the full pdf version of the press release: