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Baker & Taylor Names Jeff Leonard Chief Financial Officer
Baker & Taylor, Inc.( 08/05/2008 )

CHARLOTTE, NC, August 5, 2008 - Baker & Taylor, Inc., the world's largest wholesale distributor of books and entertainment products, today announced that Jeff Leonard has been named Executive Vice President and Chief Financial Officer effective August 11, 2008. Mr. Leonard will report to Tom Morgan, Chairman and Chief Executive Officer.

"Jeff is an outstanding leader with strong financial and managerial skills," said Mr. Morgan. "Jeff comes to Baker & Taylor with a tremendous distribution background from his days at Hughes Supply. His strength in operations, his breadth of experience in Finance and his recent exposure to the Publishing Industry should serve us well."

Most recently, Mr. Leonard served as Vice President Finance and Treasurer of Houghton Mifflin Harcourt, a leading educational and trade publisher, where his primary focus was improving working capital, cash forecasting, and driving integration synergies associated with Houghton Mifflin's acquisition of Harcourt, Inc. Prior to Houghton Mifflin Harcourt, he spent seven years at Hughes Supply, Inc., one of the nation's largest distributors of construction supplies. He held various finance roles at Hughes, his last being Vice President of Operations Finance. In this capacity, he led the finance organization for Hughes' six business units, partnering with the businesses to improve return on invested capital and the financial discipline of the businesses.

Before joining Hughes, Mr. Leonard was the Corporate Controller at Planet Hollywood, Inc. and an Audit Manager with PriceWaterhouseCoopers. He earned his Master of Accountancy and Bachelor of Science in Accounting degrees from Miami University.

About Baker & Taylor, Inc.
Baker & Taylor, Inc. (www.btol.com) is a global information and entertainment services company that offers books, videos, music, games and services to libraries, educational institutions, and retailers. Based in Charlotte, N.C., the company has been in existence for over 180 years, developing long-term relationships with major suppliers, including book publishers, movie studios, and music labels. Baker & Taylor maintains one of the largest combined in-stock book, video and music inventories in the United States, and services the broadest customer base in the industry. Baker & Taylor is majority owned by Castle Harlan Partners IV, L.P., a leading private equity investment firm.

About Castle Harlan
Castle Harlan, a leading private equity investment firm founded in 1987, acquired Baker & Taylor in July 2006. It invests in controlling interests in the buyout and development of middle-market companies in North America, Europe, and, together with CHAMP Private Equity, Australasia. Since inception, Castle Harlan has invested in 49 companies representing more than $9 billion in enterprise value. Castle Harlan's current portfolio companies, which employ more than 42,000 people, include Ames True Temper, a leading manufacturer of lawn and garden tools and accessories; and Anchor Drilling Fluids USA, Inc., the nation's largest independent provider of drilling fluids and fluid-handling services for onshore oil and gas drilling.

Media Contact:
Jenny Johnson
Baker & Taylor, Inc.
(704) 998-3190
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