An Affiliate of Sun Capital Partners, Inc. Acquires Timothy's Coffees of the World Inc

Business Wire, March 25, 2008

BOCA RATON, Fla. -- Sun Capital Partners, Inc. ("Sun Capital"), a leading private investment firm specializing in leveraged buyouts and investments in market-leading companies, today announced that one of its affiliates has acquired Timothy's Coffees of the World Inc. ("Timothy's"). Headquartered in Toronto, Timothy's is an operator and franchisor of a retail chain of 166 stores, approximately 70% of which are located in Ontario, under its Timothy's World Coffee, mmmuffins, and Michel's Baguette brands. In addition, Timothy's is a leading wholesale distributor of single serve coffee and tea products. Terms of the acquisition were not disclosed.

Anthony Polazzi, Vice President, Sun Capital Partners, Inc., commented, "We are delighted to add Timothy's to our growing portfolio of restaurant and food service affiliates including existing controlling interests in ten restaurant companies and five companies operating in the wholesale food and beverage space. Timothy's is a well-known provider of premium coffee and bakery products through its network of 166 owned and franchised locations, as well as through its leading position within the wholesale single serve coffee and tea market."

Polazzi continued, "Timothy's represents an exciting opportunity to invest in the retail and wholesale coffee segments, a rapidly growing area of the food and beverage industry. We look forward to working with Timothy's management team and its dedicated associates in growing the Company both organically and through add-on acquisitions in Canada and in the United States."

Becky McKinnon, Executive Chairman, and Ian McKinnon, President, Timothy's Coffees of the World, Inc., said, "We are very proud of the growth and success we have enjoyed over the last 30 years, and have determined that the best path going forward is to join forces with Sun Capital Partners, a financial sponsor with deep operating experience in quick service and fast casual restaurants, as well as the wholesale food and beverage segments. We are confident that our partnership will allow Timothy's to fully realize its strategic potential."

The McKinnons continued, "We intend to transition Timothy's to new leadership in the next few months and will continue to serve as consultants in the interim, shepherding the Company to new levels of development. We would like to thank our very dedicated and loyal staff for their contributions over the years, as well as our loyal customers and franchisees."

About Timothy's Coffees of the World Inc.

For over 30 years, Timothy's has roasted the finest Arabica beans from throughout the world in its own roasting facility, resulting in specialty coffees with the richest aroma and best possible flavor. Timothy's owns and operates retail stores under the Timothy's World Coffee brand, as well as quick service casual restaurants under its mmmuffins and Michel's Baguette flags. In addition, Timothy's operates a wholesale coffee division which provides its high quality coffee and tea in single serve formats to retailers, distributors, and direct to consumers across North America.

About Sun Capital Partners, Inc.

Sun Capital Partners, Inc. is a leading private investment firm focused on leveraged buyouts, equity, debt, and other investments in market-leading companies that can benefit from its in-house operating professionals and experience. Sun Capital affiliates have invested in and managed more than 185 companies worldwide with combined sales in excess of $35.0 billion since Sun Capital's inception in 1995. Sun Capital has offices in Boca Raton, Los Angeles, and New York, as well as affiliates with offices in London, Tokyo, and Shenzhen. For more information, please visit www.SunCapPart.com.