RHJ INTERNATIONAL TO PARTICIPATE IN INVESTOR GROUP TO ACQUIRE MAYTAG CORPORATION
FOR $14.00 PER SHARE IN CASH.
RHJ International (EURONEXT: RHJI) announced today that it is part of an investor group led by Ripplewood Holdings LLC, a leading U.S.-based
private equity firm, that has entered into a definitive agreement to acquire Maytag Corporation (NYSE:MYG) in a cash merger for $14.00 per share. The aggregate transaction value, including the assumption of approximately $975 million of Maytag debt, is approximately $2.1 billion. Following the closing of the transaction, the investor group will own 100% of Maytag.

Maytag Corporation, founded in 1883 and based in the United States, is a leading
manufacturer of brand name washing machines, vacuum cleaners, refrigerators and oven ranges. Its principal brands include Maytag, Hoover, Jenn-Air, Amana, Dixie-Narco and Jade. The company’s net sales in 2004 were $4.8 billion.

RHJ International has committed to provide up to $160 million (126 million Euros) of equity financing to finance the acquisition. RHJ International will finance its capital commitment from cash on hand. Ripplewood Holdings LLC, GS Capital Partners and the J. Rothschild Group of Companies will provide the remaining equity financing.

RHJ International Chief Executive Officer Timothy C. Collins said, “Maytag is a
legendary company, with a portfolio of world-class brands and a long history of
producing high-quality, innovative products. We see an opportunity to leverage these strengths and build Maytag into a global leader as the fragmented home and commercial appliances industry consolidates. Our objectives for Maytag are to continue to take action to become a global low-cost producer and to accelerate growth by introducing innovative new products, expanding its international presence and pursuing selective acquisitions.”

D. Ronald Daniel, Chairman of the Board of Directors of RHJI, added, “We believe
RHJ International’s involvement in this investment will be beneficial to Maytag,
particularly as RHJ International already has a footprint in Europe and Asia where such expansion opportunities are likely.”

RHJ International’s investment will be accounted for under the equity method of
accounting.

RHJ International will fund its investment immediately prior to the completion of the acquisition, which is expected to occur prior to year-end. The transaction is subject to Maytag stockholder approval, as well as other closing conditions, including the receipt of financing.

About RHJ International :
RHJ International (EURONEXT: RHJI) is a limited liability company organized under the laws of Belgium, having its registered office at Avenue Louise 326, 1050 Brussels, Belgium. It is a diversified holding company focused on creating long-term value for its shareholders by acquiring and operating businesses in attractive industries in Japan and elsewhere.