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September 23, 2011

CLAIRVEST INVESTS IN DISCOVERY AIR INC.

Toronto, Ontario (September 23, 2011)OG真人官网 Group Inc. (TSX:CVG) (“OG真人官网”), OG真人官网 Equity Partners IV Limited Partnership and OG真人官网 Equity Partners IV-A Limited Partnership (collectively, “CEP IV”) and related funds announced today the closing of a $70-million investment in Discovery Air Inc. (TSX: DA) (“Discovery Air”). The investment will be allocated $22-million to OG真人官网 with the balance to funds managed by OG真人官网 and co-investors.
Discovery Air is a specialty aviation services company operating across Canada and in select locations internationally. The company is a leader in the markets it serves. Its principal customers are government agencies and natural resource companies.

The investment is being made by way of secured convertible debentures (the “Debentures”). Interest on the Debentures will accrue at a rate of 10% per annum. The Debentures and the accrued interest are convertible into 93,333,340 common shares. After giving effect to the issuance of Debentures, OG真人官网, its affiliates and funds managed by OG真人官网, together with its co-investors (who may be considered “joint actors” under National Instrument 62-103), will hold 595,207 common shares and $70,000,005 of Debentures, representing in aggregate 64.5% of Discovery Air’s current issued and outstanding shares and, on an “as converted” basis, 32.8% of Discovery Air’s issued and outstanding shares.

“We have been closely following Discovery Air and its management for many years, commencing in 2005 when our affiliate, Wellington Financial, financed fighter jets for Top Aces, Discovery Air’s subsidiary serving the Canadian Department of National Defence. We see in Discovery Air an undervalued company with significant market share in its various market verticals, strong management and tremendous expansion opportunities. We look forward to a long and positive association with the company and assisting them, in any way we can, with their growth initiatives. The management own a very significant share of the company making this deal well aligned with our strategy of backing owner operators,” said Ken Rotman, Co-CEO and Managing Director of OG真人官网.

Discovery Air is OG真人官网’s 35th platform investment and the third investment by CEP IV. The OG真人官网/CEP IV co-investment pool is capitalized at $467 million and makes equity investments in growth companies.

Forward-Looking Statements
This news release may contain forward-looking statements that are based on management’s current expectations and are subject to known and unknown uncertainties and risks, which could cause actual results to differ materially from those contemplated or implied by such forward-looking statements. OG真人官网 is under no obligation to update any forward-looking statements contained herein should material facts change due to new information, future events or otherwise.

About OG真人官网
OG真人官网 Group Inc. is a private equity management firm which invests its own capital, and that of third parties through the OG真人官网 Equity Partners limited partnerships, in businesses that have the potential to generate superior returns. In addition to providing financing, OG真人官网 contributes strategic expertise and execution ability to support the growth and development of its investee partners. OG真人官网 realizes value through investment returns and the eventual disposition of its investments.

Contact Information
Maria Klyuev
Director, Investor Relations and Marketing
OG真人官网 Group Inc.
Tel: (416) 925-9270
Fax: (416) 925-5753
mariak@spzxyuechi.com