Wellspring Capital Management Completes Acquisition of JW Aluminum

Market Wire, December, 2006

Wellspring Capital Management LLC ("Wellspring") announced today that an affiliate of Wellspring has successfully completed the acquisition of the issued and outstanding shares of JW Aluminum Holding Company ("JWA"), for a total cash consideration of $310 million on a cash and debt free basis from Superior Plus Income Fund ("Superior").

JW Aluminum is a leading manufacturer of specialty, flat-rolled aluminum products, primarily serving the heating, ventilation and air conditioning, building and construction and light gauge converter foil and flexible packaging end-use markets in the United States. Over its 26 years of operation, JWA has grown from a startup capacity of 40 million pounds to over 372 million pounds today.

"We are very pleased with the opportunity to once again work with Wellspring Capital to build JW Aluminum into an even stronger company," said Don Kassing, President and CEO of JWA. "One of our first orders of business will be to resume our aggressive pursuit of growth opportunities and continue to expand our presence in the specialty flat-rolled aluminum sheet and foil industry."

William F. Dawson Jr., Partner, Wellspring Capital, said, "We look forward to adding JW Aluminum again to our portfolio of companies. Obviously, with our history together, Wellspring is keenly aware of JW Aluminum's strong performance and the capability of the JWA team to grow and build an even stronger company in the future."

About Wellspring Capital Management

Founded in 1995, Wellspring Capital Management LLC is a New York-based private equity firm with more than $2 billion in equity capital under management. The firm takes controlling positions in promising middle-market companies where it can realize substantial value by contributing innovative operating and financing strategies and capital. Wellspring's limited partners include some of the largest and most respected institutional investors in the United States, Canada, and Europe. Wellspring Capital's current portfolio includes investments in food distribution, for-profit, post-secondary education, golf retail, steel servicing, and other industries. For more information visit Wellspring Capital's website at www.wellspringcapital.com .

About JW Aluminum

JW Aluminum is a leading manufacturer of specialty, flat-rolled aluminum products, primarily serving the heating, ventilation and air conditioning, building and construction and light gauge converter foil and flexible packaging end-use markets in the United States. Over its 26 years of operation, JWA has grown from a startup capacity of 40 million pounds to over 372 million pounds today. JW Aluminum employs 772 associates at its three facilities in: Russellville, AR; St. Louis, MO; and Mt. Holly, SC, and is headquartered in Mt. Holly, SC. For more information about JW Aluminum, visit their website at: www.jwaluminum.com .

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