SHAREHOLDER UPDATES
Q2 2008 Shareholder Presentation
EUROPEAN CAPITAL NEWS
European Capital Declares €0.16 Q3 2008 Dividend, Reports €0.14 NOI and Realised Earnings in Q2 2008
European Capital Will Report Q2 2008 Results on 12 August - Shareholder Call Scheduled for 13 August
RECENT PRESS COVERAGE
La crisis impulsa al capital riesgo a invertir en deuda morosa, Diario Negocio
Jean Eichenlaub diffuse le « one-stop buy-out » en France, L'Agefi Hebdo
Mezzanine sichert die Liquidität bei der Firmenübernahme, Handelsblatt vom11. 06. 2008
NEWSLETTER
+44 (0)20 7539 7000Juan Carlos Morales Cortes
Vice President and Finance Director, European Capital
Juan Carlos Morales Cortes joined ACAS in May 2004 as a member of the Operations Team. Since joining, he has been involved in the monitoring and development of various portfolio companies. He has more than 15 years of finance and accounting experience, most of which has been with companies operating in Latin America and Europe. Prior to joining ACAS, Mr. Morales Cortes was SVP & Treasurer of CityNet Telecommunications, Inc. and CFO of its European operations. Prior to CityNet, he was VP, Finance and Treasurer for Formus Communications, Inc., a provider of broadband fixed wireless services with operations in 11 countries across Europe, where he was responsible for financial planning and reporting, and raised over $500 million in equity and project finance. Mr. Morales Cortes started his career at Mobil Oil Corporation, where he held a number of financial and accounting roles in the US Marketing and Refining division.
Mr. Morales Cortes holds a BA in Economics from the University of Western Ontario, Canada, a MBA in International Business from The American University and a MS in Finance from George Washington University, Washington DC.



