Exhibit 10.3

Execution Copy

FIRST AMENDMENT

FIRST AMENDMENT, dated as of July 30, 2004 (this “Amendment”), to the Credit Agreement, dated as of May 13, 2004 (as amended, supplemented or otherwise modified from time to time, the “Credit Agreement”), among PP HOLDING CORPORATION, a Delaware corporation (“Holdings”), POLYPORE, INC. (f/k/a PP Acquisition Corporation), a Delaware corporation (the “Borrower”), the several banks and other financial institutions or entities from time to time parties thereto (the “Lenders”), GENERAL ELECTRIC CAPITAL CORPORATION, LEHMAN COMMERCIAL PAPER INC. and UBS SECURITIES LLC, as co-documentation agents, BEAR STEARNS CORPORATE LENDING INC., as syndication agent, and JPMORGAN CHASE BANK, as administrative agent (in such capacity, the “Administrative Agent”).

W I T N E S S E T H:

WHEREAS, pursuant to the Credit Agreement, the Lenders have agreed to make, and have made, certain loans and other extensions of credit to the Borrowers;

WHEREAS, the Borrower has requested, and, upon this Amendment becoming effective, the Lenders have agreed, that certain provisions of the Credit Agreement be amended as set forth below;

NOW, THEREFORE, the parties hereto hereby agree as follows:

SECTION 1. Defined Terms. Terms defined in the Credit Agreement and used herein shall have the meanings given to them in the Credit Agreement.

PART I

SECTION 2. Amendment to Section 1.1 [Defined Terms]. (a) Section 1.1 of the Credit Agreement is hereby amended by inserting the following defined terms in their appropriate alphabetical order:

“IPO” shall mean the initial public offering of the shares of common stock of the Parent.

“Moody’s” shall mean Moody’s Investors Service, Inc.

“S&P” shall mean Standard & Poor’s Ratings Service.

“SunTrust Lease” shall mean the Equipment Lease Agreement dated July 29th, 2003 between SunTrust Leasing Corp., its successors and assigns, and Celgard, Inc.

(b) The “Capital Expenditures” definition is hereby amended by deleting the last sentence therein and substituting in lieu thereof the following sentence:

“Except for purposes of computing Excess Cash Flow, any buyout payments of (x) the Exide Lease not in excess of $10,000,000 in the aggregate and (y) the SunTrust Lease not in excess of $12,000,000 in the aggregate shall be deemed not to constitute a Capital Expenditure.”

(c) The “Consolidated EBITDA” definition is hereby amended by deleting clause (iv) thereof in its entirety and substituting in lieu thereof the following:

“(iv) any non-recurring fees, cash charges and other cash expenses made or incurred in connection with (A) the Transactions (to the extent paid or otherwise accounted for within 180 days of the consummation of the Transactions), (B) the IPO, (C) current and future permitted financing transactions, (D) permitted retirements, purchases and redemptions of the Senior Subordinated Notes (including, without limitation, premiums paid and costs incurred in connection therewith) or (E) the First Amendment to this Agreement”

The “Consolidated EBITDA” definition is hereby further amended by (i) deleting the term “and” at the end of clause (xi) therein and replacing such term with a “,” and (ii) inserting the following language at the end of clause (xii) therein immediately prior to the word “minus”:

“, (xiii) all operating lease payments not in excess of $3,000,000 associated with the SunTrust Lease during such period and (xiv) one-time charges in connection with cleanup costs in the Borrower’s or its Subsidiaries’ Potenza, Italy facility incurred on or before December 30, 2006 and one-time restructuring costs in connection with the Membrana facility incurred on or before December 30, 2006 (including, without limitation, in connection with severance and similar costs, facility closure costs and equipment relocation costs), in each case incurred during such period and in an aggregate amount with respect to this clause (xiv) not to exceed $20,000,000 during any period of four consecutive fiscal quarters ending on or before December 30, 2006”

(d) The “Excess Cash Flow” definition is hereby amended by deleting clause (A) of the last sentence thereof and substituting in lieu thereof the following:

“(A) items (iv), (v), (vi), (xiv) and, so long as no Indebtedness is incurred by Holdings, the Borrower or any Subsidiary in connection with the buyout of the Exide Lease and the SunTrust Lease, respectively, items (xii) and (xiii) of clause (a) of the definition of Consolidated EBITDA to the extent such items are paid in cash during such fiscal year,”

(e) The “Parent” definition is hereby amended by deleting such definition in its entirety and substituting in lieu thereof the following:

“Parent” shall mean Polypore International, Inc. or any other direct or indirect parent of Holdings.

(f) The “Pro Forma Basis” definition is hereby amended by (i) deleting the phrase “Exide Lease buyout” set forth in the first sentence thereof and substituting in lieu thereof the phrase “buyouts of the Exide Lease and the SunTrust Lease” and (ii) deleting the phrase “buyout of the Exide Lease” set forth in the proviso therein and substituting in lieu thereof the phrase “buyouts of the Exide Lease and the SunTrust Lease”.

SECTION 3. Amendment to Section 1.3 [Pro Forma Calculations]. Section 1.3 of the Credit Agreement is hereby amended by inserting the language “or the SunTrust Lease” immediately following the phrase “Exide Lease” contained therein.

SECTION 4. Amendment to Section 6.1 [Indebtedness]. Section 6.1 of the Credit Agreement is hereby amended by revising subsection (g) thereof to delete the words “$400,000,000 at

2 any time outstanding” set forth in clause (i) therein and substituting in lieu thereof the words “$405,915,000 net of any redemptions, repurchases or other repayments made in respect thereof”.

SECTION 5. Amendment to Section 6.9 [Other Indebtedness; Material Agreements]. Section 6.9(b) of the Credit Agreement is hereby amended by replacing the parenthetical proviso contained in clause (i) thereof with the following:

“(provided, however, that the foregoing shall not prohibit any refinancings of Indebtedness in accordance with Section 6.1(l) or the conversion of any such Indebtedness into equity securities; and provided, further, that, notwithstanding the foregoing, Holdings, the Borrower and each of their Material Subsidiaries shall be permitted to make any of the payments referred to in clause (i) above (or offer to make such payments) (A) with the net cash proceeds of the IPO (to the extent Parent directly or indirectly contributes such proceeds to the Borrower) or (B) with the net cash proceeds of subsequent equity offerings by the Parent (to the extent Parent directly or indirectly contributes such proceeds to the Borrower) so long as, in the case of this clause (B), at such time, (x) no Default or Event of Default shall have occurred and be continuing either before or after giving effect to such payment and (y) the Leverage Ratio is less than or equal to 3.25 to 1.0 after giving effect to such payment)”

PART II

SECTION 6. Amendment to Section 6.1 [Indebtedness]. Section 6.1 of the Credit Agreement is hereby amended by revising subsection (s) thereof to delete the dollar amount “$50,000,000” contained therein and substituting in lieu thereof the dollar amount “$75,000,000”.

SECTION 7. Amendments to Section 6.4 [Investments, Loans and Advances]. (a) Section 6.4 of the Credit Agreement is hereby amended by revising subsection (a) thereof to delete the dollar amount “$25,000,000” contained therein and substituting in lieu thereof the dollar amount “$50,000,000”.

(b) Section 6.4 of the Credit Agreement is hereby further amended by revising subsection (c) thereof by deleting clause (iii) thereof in its entirety and substituting in lieu thereof the following:

“(iii) the aggregate amount of loans and advances (net of repayments) made to Holdings shall not exceed (x) $5,000,000 during any fiscal year of the Borrower or (y) $25,000,000 during the term of this Agreement; provided, that the amount of any loans and advances that can be made during any fiscal year pursuant to clause (iii) above shall be increased by the amount of unused permitted loans and advances for any preceding fiscal year so long as the aggregate amount of such loans and advances does not exceed $25,000,000 at any time during the term of this Agreement”

(c) Section 6.4 of the Credit Agreement is hereby further amended by (x) deleting the word “and” at the end of clause (k) contained therein, (y) renaming clause (m) as clause (n) and (z) inserting the new clause (m) set forth below in appropriate alphabetical order:

“(m) the Borrower and Holdings may make loans and advances to Holdings and/or Parent (x) the proceeds of which shall be applied by Holdings and/or Parent to pay out of pocket general corporate and overhead expenses incurred by Holdings and/or Parent not to exceed (together with the total amount of Restricted Payments made for such purpose under Section 6.6(a)(iv)) $5,000,000 during any fiscal year of the Borrower and (y) in the form of Tax

Payments, to the extent directly attributable to (or arising as a result of) the operations of the Borrower and the Subsidiaries; provided, however, that (A) the amount of such loans and advances (together with dividends made pursuant to Section 6.6(a)(iv)) shall not exceed the amount that the Borrower and the Subsidiaries would be required to pay in respect of Federal, State and local taxes were the Borrower and the Subsidiaries to pay such taxes as stand-alone taxpayers, (B) all loans and advances made to Holdings and/or Parent pursuant to this clause (m) are used by Holdings and/or Parent for the purposes specified herein within 20 days of the receipt thereof and (C) in the case of any loan or advance made to Holdings pursuant to this clause (m), Holdings owns, beneficially and of record, 100% of the issued and outstanding Equity Interests of the Borrower at the time of such Investment; and”

SECTION 8. Amendments to Section 6.6 [Restricted Payments; Restrictive Agreements]. (a) Section 6.6 of the Credit Agreement is hereby amended by revising clause (a)(iv) thereof to insert the words “(together with the aggregate amount of loans and advances made pursuant to Section 6.4(m))” both immediately prior to the amount “$5,000,000” set forth in clause (x) therein and immediately following the word “dividends” set forth in clause (A) of the proviso therein.

(b) Section 6.6 of the Credit Agreement is hereby further amended by revising clause (a)(v) thereof to insert (i) after the words “100% of Cumulative Excess Cash Flow that is Not Otherwise Applied”, the words “minus the aggregate amount of Restricted Payments made pursuant to Section 6.6(a)(viii)” and (ii) at the end thereof the following proviso:

“provided, that no Restricted Payments shall be made under this clause (v) for the purpose of enabling Parent to make dividend payments on its common stock until on or after July 30, 2006; and, provided, further, that, notwithstanding anything herein to the contrary, on or after July 30, 2006, Restricted Payments may be made under this clause (v) for the purpose of enabling Parent to make dividend payments on its common stock regardless of whether the above Leverage Ratio test has been met;”

(c) Section 6.6 of the Credit Agreement is hereby further amended by (i) deleting the term “and” set forth at the end of clause (a)(vi) thereof, (ii) deleting the “.” at the end of clause (vii) thereof and substituting in lieu thereof the following language “; and” and (iii) inserting the following clause (viii) immediately after clause (a)(vii):

“(viii) Holdings, the Borrower and its Subsidiaries may make additional Restricted Payments for the sole purpose of enabling Parent to pay dividends on its common stock not to exceed (x) $10,000,000 during the period from July 30, 2004 through July 29, 2005 and (y) $10,000,000 during the period from July 30, 2005, through July 29, 2006.”

PART III

SECTION 9. Amendment to Section 1.1 [Defined Terms]. (a) The “Applicable Percentage” definition is hereby amended by deleting the two left columns of the table set forth therein in their entirety (the columns located under the headings “Eurodollar Spread-Term Loans” and “ABR Spread-Term Loans”) and substituting in lieu thereof the following two columns:

Eurodollar Spread—

Term Loans

ABR Spread—
Term Loans

2.25%

1.25%

(b) The “Applicable Percentage” definition is hereby further amended by inserting the following language at the end thereof

The Applicable Percentage for Eurodollar Spread-Term Loans shall be reduced to 2.00%, and the Applicable Percentage for ABR Spread-Term Loans shall be reduced to 1.00% upon (and for so long as) (x) the Leverage Ratio being less than 4.0 to 1.0 or (y) the senior secured credit rating of the Borrower being rated at least “Ba3” by Moody’s and “BB-” by S&P, each with a stable outlook or better. Each change in the Applicable Percentage resulting from a change in the Leverage Ratio or a change in the senior secured credit rating of the Borrower shall be effective with respect to all Term Loans outstanding on and after (the “Term Loan Adjustment Date”) (i) with respect to changes in the Leverage Ratio, the date of delivery to the Administrative Agent of the financial statements and certificates required by Section 5.4(a) or (b) and Section 5.4(c), respectively, indicating such change and (ii) with respect to changes in the senior secured credit rating of the Borrower, the first Business Day following the date on which Moody’s or S&P, respectively, announces such change in ratings, and until the next Term Loan Adjustment Date.

SECTION 10. Conditions to Effectiveness of Amendment. (a) The amendments set forth in Part I of this Amendment (other than the amendments solely relating to transaction costs associated with the IPO referred to in clause (a)(iv)(B) of the “Consolidated EBITDA” definition and the corresponding reference in the “Excess Cash Flow” definition) shall be effective on the date on which all of the following conditions precedent have been satisfied or waived (the “First Effective Date”):

(i) The Administrative Agent (or its counsel) shall have received a counterpart of this Amendment, executed and delivered by a duly authorized officer of each of (A) Holdings, (B) the Borrower and (C) the Required Lenders;

(ii) The Borrower shall have paid all fees and expenses of the Administrative Agent, including the reasonable fees and expenses of counsel to the Administrative Agent;

(iii) After giving effect to the Amendment, no Default or Event of Default shall have occurred and be continuing; and

(iv) The Administrative Agent shall have received such fees as separately agreed between the Administrative Agent (or any of its Affiliates) and the Borrower.

(b) The amendments set forth in Part II of this Amendment (together with the amendments set forth in Part I solely relating to transaction costs associated with the IPO referred to in clause (a)(iv)(B) of the “Consolidated EBITDA” definition and the corresponding reference in the “Excess Cash Flow” definition) shall be effective on the date on which all of the following conditions precedent have been satisfied or waived (the “Second Effective Date”):

(i) The conditions set forth in Section 10(a) above shall have been satisfied; and

(ii) (A) The IPO shall have been consummated on or before September 30, 2004, and (B) the Borrower shall have purchased, retired or redeemed (or made arrangements

satisfactory to the Administrative Agent to do so; it being understood that open market purchases, a cash tender offer pursuant to documents provided to the Administrative Agent on or before the Second Effective Date and arrangements for redemptions pursuant to the Senior Subordinated Note Indenture are all satisfactory to the Administrative Agent) the Loans or the Senior Subordinated Notes in an aggregate principal amount not less than $75,000,000.

(c) The amendment set forth in Part III of this Amendment shall be effective on the date on which all of the following conditions precedent have been satisfied or waived (the “Third Effective Date”):

(i) The conditions set forth in Section 10(a) above shall have been satisfied; and

(ii) The Administrative Agent (or its counsel) shall have received (after giving effect to any assignments entered into pursuant to Section 2.20) a counterpart of this Amendment, executed and delivered by a duly authorized officer of each of the Lenders with Term Loan Commitments.

(d) The Administrative Agent shall notify the Borrower and each Lender (via IntraLinks or such other means reasonably determined by the Administrative Agent) of the occurrence of the First Effective Date, the Second Effective Date and the Third Effective Date.

SECTION 11. Representations and Warranties. Each of the representations and warranties made by each of Holdings and the Borrower in or pursuant to the Loan Documents shall be true and correct in all material respects on and as of the date hereof as if made as of the date hereof, except for representations and warranties expressly stated to relate to a specific earlier date, in which case such representations and warranties were true and correct in all material respects as of such earlier date; provided, that each reference to the Credit Agreement therein shall be deemed to be a reference to the Credit Agreement after giving effect to this Amendment.

SECTION 12. Effect on the Loan Documents. (a) Except as specifically amended above, the Credit Agreement and all other Loan Documents shall continue to be in full force and effect and are hereby in all respects ratified and confirmed.

(b) The execution, delivery and effectiveness of this Amendment shall not operate as a waiver of any right, power or remedy of any Lender or the Administrative Agent under any of the Loan Documents, nor constitute a waiver of any provision of any of the Loan Documents.

SECTION 13. Expenses. Holdings and the Borrower agree to pay or reimburse the Administrative Agent for all of its out-of-pocket costs and reasonable expenses incurred in connection with this Amendment, any other documents prepared in connection herewith and the transaction contemplated hereby, including, without limitation, the reasonable fees and disbursements of counsel to the Administrative Agent.

SECTION 14. Affirmation of Guaranty and Credit Agreement. The Guarantors hereby consent to this Amendment and hereby confirm, reaffirm and restate that their obligations under or in respect of the Credit Agreement and the documents related thereto to which they are a party are and shall remain in full force and effect after giving effect to the foregoing Amendment.

SECTION 15. GOVERNING LAW. THIS AMENDMENT AND THE RIGHTS AND OBLIGATIONS OF THE PARTIES HERETO SHALL BE GOVERNED BY, AND CONSTRUED AND INTERPRETED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK.

IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be duly executed and delivered by their respective proper and duly authorized officers as of the day and year first above written.

	PP HOLDING CORPORATION

	By:	/s/ Lynn Amos
	Name: Lynn Amos
	Title: Chief Financial Officer, Treasurer and Secretary

	POLYPORE, INC., as a Borrower

	By:	/s/ Lynn Amos
	Name: Lynn Amos
	Title: Chief Financial Officer, Treasurer and Secretary

	JP MORGAN CHASE BANK, as Administrative Agent and a Lender

	By:	/s/ Thomas H. Kozlark
	Name: Thomas H. Kozlark
	Title:Vice President

	BEAR STEARNS CORPORATE LENDING INC., as Syndication Agent and a Lender

	By:	/s/ Victor Bulzacchelli
	Name: Victor Bulzacchelli
	Title: Vice President

	GENERAL ELECTRIC CAPITAL CORPORATION, as Co-Documentation Agent and a Lender

	By:	/s/ Vish Sathappan
	Name: Vish Sathappan
	Title: Vice President

	LEHMAN COMMERCIAL PAPER INC., as Co-Documentation Agent and a Lender

	By:	/s/ Francis Chang
	Name: Francis Chang
	Title: Authorized Signatory

	ING CAPITAL LLC

	By:	/s/ David Scott Orner
	Name: Gavin D. Young
	Title: Vice President

	NATIONAL CITY BANK

	By:	/s/ Gavin D. Young
	Name: Gavin D. Young
	Title: Assistant Vice President

	LEHMAN COMMERCIAL PAPER, INC.

	By:	/s/ Francis Chang
	Name: Francis Chang
	Title: Authorized Signatory

	BANK OF TOKYO¾MITSUBISHI TRUST COMPANY

	By:	/s/ Eric J. Planey
	Name: Eric J. Planey
	Title: Assistant Vice President

	ARCHIMEDES FUNDING III, LTD.
	BY: ING Capital Advisors LLC, as Collateral Manager

	By:	/s/ Gordon R. Cook
	Name: Gordon R. Cook
	Title: Managing Director

	ARCHIMEDES FUNDING IV (CAYMAN), LTD.
	BY: ING Capital Advisors LLC, as Collateral Manager

	By:	/s/ Gordon R. Cook
	Name: Gordon R. Cook
	Title: Managing Director

	NEMEAN CLO, LTD.
	BY: ING Capital Advisors LLC, as Investment Manager

	By:	/s/ Gordon R. Cook
	Name: Gordon R. Cook
	Title: Managing Director

	ENDURANCE CLO I, LTD
	c/o: ING Capital Advisors LLC, as Portfolio Manager

	By:	/s/ Gordon R. Cook
	Name: Gordon R. Cook
	Title: Managing Director

	ING-ORYX CLO, LTD
	BY: ING Capital Advisors LLC, as Collateral Manager

	By:	/s/ Gordon R. Cook
	Name: Gordon R. Cook
	Title: Managing Director

	WESTERN ASSET FLOATING RATE HIGH INCOME FUND

	By:	/s/ WESTERN ASSET FLOATING RATE HIGH INCOME FUND

	ING CAPITAL MANAGEMENT LTD, acting as Investment Advisor for ____

	By:	/s/ DJ Wilson
	Name: DJ Wilson
	Title: Managing Director

	CLARENVILLE CEDO, SA
	By: Pacific Investment Management Company LLC, as its Investment Advisor

	By:	/s/ Mohan V. Phansalkar
	Name: Mohan V. Phansalkar
	Title: Managing Director

	INTERCONTINENTAL CDO S.A.
	By: Pacific Investment Management Company LLC, as its Investment Advisor

	By:	/s/ Mohan V. Phansalkar
	Name: Mohan V. Phansalkar
	Title: Managing Director

	INVESCO EUROPEAN CO I S.A.
	By: INVESCO Senior Secured Management, Inc. as Collateral Manager

	By:	/s/ Joseph Rotondo
	Name: Joseph Rotondo
	Title: Authorized Signatory

	PETRUSSE EUROPEAN CLO S.A.
	By: INVESCO Senior Secured Management, Inc. as Collateral Manager

	By:	/s/ Joseph Rotondo
	Name: Joseph Rotondo
	Title: Authorized Signatory

	RMF EURO CDO S.A.

	By:	/s/ Nick Martin
	Name: Nick Martin
	Title: Director

	RMF EURO CDO II S.A.

	By:	/s/ Nick Martin
	Name: Nick Martin
	Title: Director

	JUPITER LOAN FUNDING LLC

	By:	/s/ Meredith J. Koslick
	Name: Meredith J. Koslick
	Title: Assistant Vice President

	WINGED FOOT FUNDING TRUST

	By:	/s/ Diana M. Himes
	Name: Diana M. Himes
	Title: Authorized Agent

	LANDMARK IV CDO LIMITED
	By: Aladdin Capital Management LLC, As Manager

	By:	/s/ Joseph Moroney
	Name: Joseph Moroney
	Title: Director

	PACIFIC CDO III, LTD
	By: Lacontra Inc. as its Investment Manager

	By:	/s/ PACIFIC CDO III, LTD

	AIMCO CDO SERIES 2000-A

	By:	/s/ AIMCO COO SERIES 2000-A

	ALLSTATE LIFE INSURANCE COMPANY

	By:	/s/ ALLSTATE LIFE INSURANCE COMPANY

	AMERICAN EXPRESS CERTIFICATE COMPANY
	By: American Express Asset Management Group as Collateral Manager

	By:	/s/ Yvonne E. Stevens
	Name: Yvonne E. Stevens
	Title: Senior Managing Director

	CENTURION CDO II, LTD.
	By: American Express Asset Management Group, Inc. as Collateral Manager

	By:	/s/ Leanne Stavrakis
	Name: Leanne Stavrakis
	Title: Director - Operations

	CENTURION CDO VI, LTD.
	By: American Asset Management Group, Inc. as Collateral Manager

	By:	/s/ Leanne Stavrakis
	Name: Leanne Stavrakis
	Title: Director - Operations

	CENTURION CDO VII, LTD.
	By: American Express Asset Management Group, Inc. as Collateral Manager

	By:	/s/ Leanne Stavrakis
	Name: Leanne Stavrakis
	Title: Director - Operations

	IDS LIFE INSURANCE COMPANY
	By: American Express Asset Management Group, Inc. as Collateral Manager

	By:	/s/ Yvonne E. Stevens
	Name: Yvonne E. Stevens
	Title: Senior Managing Director

	KZH CYPRESSTREE-1 LLC

	By:	/s/ Dorian Herrera
	Name: Dorian Herrera
	Title: Authorized Agent

	KZH STERLING LLC

	By:	/s/ Dorian Herrera
	Name: Dorian Herrera
	Title: Authorized Agent

	SEQUILS-CENTURION V, LTD.
	By: American Express Asset Management Group, Inc. as Collateral Manager

	By:	/s/ Leanne Stavrakis
	Name: Leanne Stavrakis
	Title: Director - Operations

	NAVIGATOR CDO 2003, LTD.
	By: Antares Asset Management Inc., as Collateral Manager

	By:	/s/ David Mahon
	Name: David Mahon
	Title: Vice President

	BILL & MELINDA GATES FOUNDATION
	By: Babson Capital Management LLC as Investment Adviser

	By:	/s/ Glenn P. Duffy, CFA
	Name: Glenn P. Duffy, CFA
	Title: Managing Director

	MAPLEWOOD (CAYMAN) LIMITED
	By: Babson Capital Management LLC under delegated authority from Massachusetts Mutual Life Insurance Company as Investment Manager

	By:	/s/ Glenn P. Duffy, CFA
	Name: Glenn P, Duffy, CFA
	Title: Managing Director

	MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY
	By: Babson Capital Management LLC as Investment Advisor

	By:	/s/ Glenn P. Duffy, CFA
	Name: Glenn P. Duffy, CFA
	Title: Managing Director

	SUFFIELD CLO, LIMITED
	By: Babson Capital Management LLC as Collateral Manager

	By:	/s/ Glenn P. Duffy, CFA
	Name: Glenn P. Duffy, CFA
	Title: Managing Director

	SANKATY ADVISORS, LLC as Collateral Manager for AVERY POINT CLO, LTD., as Term Lender

	By:	/s/ Diane J. Exter
	Name: Diane J. Exter
	Title: Managing Director Portfolio Manager

	SANKATY ADVISORS, LLC as Collateral Manager for Castle Hill I - INGOTS, Ltd., as Term Lender

	By:	/s/ Diane J. Exter
	Name: Diane J. Exter
	Title: Managing Director Portfolio Manager

	SANKATY ADVISORS, LLC as Collateral Manager for Castle Hill II - INGOTS, Ltd., as Term Lender

	By:	/s/ Diane J. Exter
	Name: Diane J. Exter
	Title: Managing Director Portfolio Manager

	SANKATY ADVISORS, LLC as Collateral Manager for Castle Hill III CLO, Limited, as Term Lender

	By:	/s/ Diane J. Exter
	Name: Diane J. Exter
	Title: Managing Director Portfolio Manager

	HARBOUR TOWN FUNDING LLC

	By:	/s/ Meredith J. Koslick
	Name: Meredith J. Koslick
	Title: Assistant Vice President

	SANKATY ADVISORS, LLC as Collateral Manager for Race Point CLO, Limited, as Term Lender

	By:	/s/ Diane J. Exter
	Name: Diane J. Exter
	Title: Managing Director Portfolio Manager

	SANKATY ADVISORS, LLC as Collateral Manager for Race Point II CLO, Limited, as Term Lender

	By:	/s/ Diane J. Exter
	Name: Diane J. Exter
	Title: Managing Director Portfolio Manager

	SANKATY ADVISORS, LLC as Collateral Manager for Prospect Funding I, LLC as Term Lender

	By:	/s/ Diane J. Exter
	Name: Diane J. Exter
	Title: Managing Director Portfolio Manager

	PPM MONARCH BAY FUNDING LLC

	By:	/s/ Meredith J. Koslick
	Name: Meredith J. Koslick
	Title: Assistant Vice President

	BLACKROCK SENIOR INCOME SERIES MAGNETITE IV CLO, LIMITED MAGNETITE V CLO, LIMITED SENIOR LOAN PORTFOLIO

	By:	/s/ Tom Colwell
	Name: Tom Colwell
	Title: Authorized Signatory

	BEAR STEARNS LOAN TRUST
	By: Bear Stearns Asset Management, Inc., as its attorney-in-fact

	By:	/s/ Bear Stearns Asset Management, Inc.

	BRAYMOOR & CO.
	By: Bear Stearns Asset Management, Inc., as its attorney-in-fact

	By:	/s/ Bear Stearns Asset Management, Inc.

	GALLATIN FUNDING I LTD.
	By: Bear Stearns Asset Management, Inc., as Collateral Manager

	By:	/s/ Bear Stearns Asset Management, Inc.

	GRAYSTON CLO 2001-01 LTD.
	By: Bear Stearns Asset Management, Inc., as Collateral Manager

	By:	/s/ Bear Stearns Asset Management, Inc.

	GRAYSTON CLO II 2004-01 LTD.
	By: Bear Stearns Asset Management, Inc., as Collateral Manager

	By:	/s/ Bear Stearns Asset Management, Inc.
	Name:
	Title: Associate Director

	CALLIDUS DEBT PARTNERS CLO FUND II, LTD.
	By: Its Collateral Manager, Callidus Capital Management, LLC

	By:	/s/ Mavis Taintor
	Name: Mavis Taintor
	Title: Managing Director

	CITADEL CREDIT TRADING LTD.
	By: Citadel Limited Partnership, its Portfolio Manager
	By: GLB Partners, L.P., its General Partner
	By: Citadel Investment Group, L.L.C., its General Partner

	By:	/s/ James E. Bolin
	Name: James E. Bolin
	Title: Managing Director

	CITADEL EQUITY FUND, LTD.
	By: Citadel Limited Partnership, its Portfolio Manager
	By: GLB Partners, L.P., its General Partner
	By: Citadel Investment Group, L.L.C., its General Partner

	By:	/s/ James E. Bolin
	Name: James E. Bolin
	Title: Managing Director

	ECL FUNDING LLC

	By:	/s/ Shawn Hendrickson
	Name: Shawn Hendrickson
	Title: Attorney-in-fact

	COLUMBUS LOAN FUNDING LTD.
	By: Travelers Asset Management International Company LLC

	By:	/s/ John O’Connell
	Name: John O’Connell
	Title: Vice President

	CITIGROUP FINANCIAL PRODUCTS, INC.
	By: Antares Asset Management Inc., as Agent

	By:	/s/ David Mahon
	Name: David Mahon
	Title: Vice President

	CSAM FUNDING I

	By:	/s/ David H. Lerner
	Name: David H. Lerner
	Title: Authorized Signatory

	CSAM FUNDING III

	By:	/s/ David H. Lerner
	Name: David H. Lerner
	Title: Authorized Signatory

	CSAM FUNDING IV

	By:	/s/ David H. Lerner
	Name: David H. Lerner
	Title: Authorized Signatory

	BRYN MAWR CLO, LTD.
	By: Deerfield Capital Management LLC as its Collateral Manager

	By:	/s/ Dan Hattori
	Name: Dan Hattori
	Title: Senior Vice President

	FOREST CREEK CLO, LTD.
	By: Deerfield Capital Management LLC as its Collateral Manager

	By:	/s/ Dan Hattori
	Name: Dan Hattori
	Title: Senior Vice President

	LONG GROVE CLO, LIMITED.
	By: Deerfield Capital Management LLC as its Collateral Manager

	By:	/s/ Dan Hattori
	Name: Dan Hattori
	Title: Senior Vice President

	MUIRFIELD TRADING LLC

	By:	/s/ Meredith J. Koslick
	Name: Meredith J. Koslick
	Title: Assistant Vice President

	ROSEMONT CLO, LTD.
	By: Deerfield Capital Management LLC as its Collateral Manager

	By:	/s/ Dan Hattori
	Name: Dan Hattori
	Title: Senior Vice President

	DENALI CAPITAL LLC, managing member of DC Funding Partners, portfolio manager for DENALI CAPITAL CLO IV, LTD., or an affiliate

	By:	/s/ John P. Thacker
	Name: John P. Thacker
	Title: Chief Credit Officer

	DENALI CAPITAL LLC, managing member of DC Funding Partners, portfolio manager for DENALI CAPITAL CLO I, LTD., or an affiliate

	By:	/s/ John P. Thacker
	Name: John P. Thacker
	Title: Chief Credit Officer

	DENALI CAPITAL LLC, managing member of DC Funding Partners, portfolio manager for DENALI CAPITAL CLO II, LTD., or an affiliate

	By:	/s/ John P. Thacker
	Name: John P. Thacker
	Title: Chief Credit Officer

	DENALI CAPITAL LLC, managing member of DC Funding Partners, portfolio manager for DENALI CAPITAL CLO III, LTD., or an affiliate

	By:	/s/ John P. Thacker
	Name: John P. Thacker
	Title: Chief Credit Officer

	BIG SKY III SENIOR LOAN TRUST
	By: Eaton Vance Management as Investment Advisor

	By:	/s/ Payson F. Swaffield
	Name: Payson F. Swaffield
	Title: Vice President

	COSTANTINUS EATON VANCE CDO V, LTD.
	By: Eaton Vance Management as Investment Advisor

	By:	/s/ Payson F. Swaffield
	Name: Payson F. Swaffield
	Title: Vice President

	EATON VANCE CDO III, LTD.
	By: Eaton Vance Management as Investment Advisor

	By:	/s/ Payson F. Swaffield
	Name: Payson F. Swaffield
	Title: Vice President

	EATON VANCE CDO VI LTD.
	By: Eaton Vance Management as Investment Advisor

	By:	/s/ Payson F. Swaffield
	Name: Payson F. Swaffield
	Title: Vice President

	EATON VANCE INSTITUTIONAL SENIOR LOAN FUND
	By: Eaton Vance Management as Investment Advisor

	By:	/s/ Payson F. Swaffield
	Name: Payson F. Swaffield
	Title: Vice President

	EATON VANCE LIMITED DURATION INCOME FUND
	By: Eaton Vance Management as Investment Advisor

	By:	/s/ Payson F. Swaffield
	Name: Payson F. Swaffield
	Title: Vice President

	EATON VANCE SENIOR FLOATING-RATE TRUST
	By: Eaton Vance Management as Investment Advisor

	By:	/s/ Payson F. Swaffield
	Name: Payson F. Swaffield
	Title: Vice President

	EATON VANCE SENIOR INCOME TRUST
	By: Eaton Vance Management as Investment Advisor

	By:	/s/ Payson F. Swaffield
	Name: Payson F. Swaffield
	Title: Vice President

	EATON VANCE VT FLOATING-RATE INCOME FUND
	By: Eaton Vance Management as Investment Advisor

	By:	/s/ Payson F. Swaffield
	Name: Payson F. Swaffield
	Title: Vice President

	GRAYSON & CO.
	By: Boston Management and Research as Investment Advisor

	By:	/s/ Payson F. Swaffield
	Name: Payson F. Swaffield
	Title: Vice President

	OXFORD STRATEGIC INCOME FUND
	By: Eaton Vance Management as Investment Advisor

	By:	/s/ Payson F. Swaffield
	Name: Payson F. Swaffield
	Title: Vice President

	SENIOR DEBT PORTFOLIO
	By: Boston Management and Research as Investment Advisor

	By:	/s/ Payson F. Swaffield
	Name: Payson F. Swaffield
	Title: Vice President

	TOLLI & CO.
	By: Eaton Vance Management as Investment Advisor

	By:	/s/ Payson F. Swaffield
	Name: Payson F. Swaffield
	Title: Vice President

	BALLYROCK CDO I LIMITED
	By: BALLYROCK Investment Advisors LLC, as Collateral Manager

	By:	/s/ Lisa Rymut
	Name: Lisa Rymut
	Title: Assistant Treasurer

	BALLYROCK CDO II LIMITED
	By: BALLYROCK Investment Advisors LLC, as Collateral Manager

	By:	/s/ Lisa Rymut
	Name: Lisa Rymut
	Title: Assistant Treasurer

	FIDELITY ADVISOR SERIES II: FIDELITY ADVISOR FLOATING RATE HIGH INCOME FUND

	By:	/s/ John H. Costello
	Name: John H. Costello
	Title: Assistant Treasurer

	FLAGSHIP CLO II

	By:	/s/ Mark S. Pelletier
	Name: Mark S. Pelletier
	Title: Director

	FLAGSHIP CLO III
	By: Flagship Capital Management, Inc. its Attorney-in-Fact

	By:	/s/ Mark S. Pelletier
	Name: Mark S. Pelletier
	Title: Director

	FLAGSHIP CLO 2001-1

	By:	/s/ Mark S. Pelletier
	Name: Mark S. Pelletier
	Title: Director

	LONG LANE MASTER TRUST IV

	By:	/s/ Diana M. Himes
	Name: Diana M. Himes
	Title: Authorized Agent

	FOOTHILL INCOME TRUST II, L.P.
	By: FIT II G.P., its general partner

	By:	/s/ Dennis R. Ascher
	Name: Dennis R. Ascher
	Title: Managing Member

	FOREST MULTI-STRATEGY MASTER FUND SPC, on behalf of its Multi-Strategy Segregated Portfolio

	By:	/s/ David Teolis
	Name: David Teolis
	Title: Portfolio Manager

	FRANKLIN FLOATING RATE TRUST
	FRANKLIN FLOATING RATE DAILY ACCESS FUND
	FRANKLIN FLOATING RATE MASTER SERIES

	By:	/s/ FRANKLIN FLOATING RATE TRUST

	LOAN FUNDING VII LLC (Valhalla)
	By: Highland Capital Management, L.P. as Collateral Manager

	By:	/s/ Todd Travers
	Name: Todd Travers
	Title: Senior Portfolio Manager Highland Capital Management, L.P.


	RESTORATION FUNDING CLO, LTD.
	By: Highland Capital Management, L.P. as Collateral Manager

	By:	/s/ Todd Travers
	Name: Todd Travers
	Title: Senior Portfolio Manager Highland Capital Management, L.P.


	COLUMBIA FLOATING RATE LIMITED LIABILITY COMPANY
	By: Highland Capital Management, L.P. as Collateral Manager

	By:	/s/ Todd Travers
	Name: Todd Travers
	Title: Senior Portfolio Manager Highland Capital Management, L.P.

	COLUMBIA FLOATING RATE ADVANTAGE FUND
	By: Highland Capital Management, L.P. as Collateral Manager

	By:	/s/ Todd Travers
	Name: Todd Travers
	Title: Senior Portfolio Manager Highland Capital Management, L.P.


	AIM FLOATING RATE FUND
	By: INVESCO Senior Secured Management, Inc. as Sub-Adviser

	By:	/s/ Joseph Rotondo
	Name: Joseph Rotondo
	Title: Authorized Signatory


	AVALON CAPITAL LTD. 2
	By: INVESCO Senior Secured Management, Inc. as Portfolio Advisor

	By:	/s/ Joseph Rotondo
	Name: Joseph Rotondo
	Title: Authorized Signatory


	CHAMPLAIN CLO, LTD.
	By: INVESCO Senior Secured Management, Inc. as Collateral Adviser

	By:	/s/ Joseph Rotondo
	Name: Joseph Rotondo
	Title: Authorized Signatory

	CHARTER VIEW PORTFOLIO
	By: INVESCO Senior Secured Management, Inc. as Investment Advisor

	By:	/s/ Joseph Rotondo
	Name: Joseph Rotondo
	Title: Authorized Signatory

	DIVERSIFIED CREDIT PORTFOLIO LTD.
	By: INVESCO Senior Secured Management, Inc. as Investment Advisor

	By:	/s/ Joseph Rotondo
	Name: Joseph Rotondo
	Title: Authorized Signatory

	SEQUILS-LIBERTY, LTD.
	By: INVESCO Senior Secured Management, Inc. as Collateral Manager

	By:	/s/ Joseph Rotondo
	Name: Joseph Rotondo
	Title: Authorized Signatory

	SAGAMORE CLO LTD.
	By: INVESCO Senior Secured Management, Inc. as Collateral Manager

	By:	/s/ Joseph Rotondo
	Name: Joseph Rotondo
	Title: Authorized Signatory

	SARATAOGA CLO I, LIMITED.
	By: INVESCO Senior Secured Management, Inc. as Asset Manager

	By:	/s/ Joseph Rotondo
	Name: Joseph Rotondo
	Title: Authorized Signatory

	CONTINENTAL CASUALTY COMPANY

	By:	/s/ Marilou R. McGirr
	Name: Marilou R. McGirr
	Title: Vice President and Assistant Treasurer

	MADISON AVENUE CDO III LTD.

	By:	/s/ James R. Dingler
	Name: James R. Dingler
	Title: Director

	METLIFE BANK, N.A.

	By:	/s/ James R. Dingler
	Name: James R. Dingler
	Title: Director

	METROPOLITAN LIFE INSURANCE COMPANY

	By:	/s/ James R. Dingler
	Name: James R. Dingler
	Title: Director

	MORGAN STANLEY PRIME INCOME TRUST

	By:	/s/ Elizabeth Bodisch
	Name: Elizabeth Bodisch
	Title: Authorized Signatory

	MORGAN STANLEY SENIOR FUNDING, INC.

	By:	/s/ James Morgan
	Name: James Morgan
	Title: Vice President

	MOUNTAIN CAPITAL III LTD.

	By:	/s/ MOUNTAIN CAPITAL III LTD.

	NATEXIS BANQUES POPULAIRES

	By:	/s/ Tefta Ghilaga
	Name: Tefta Ghilaga
	Title: Vice President

	By:	/s/ Kristen E. Brainard
	Name: Kristen E. Brainard
	Title: Assistant Vice President

	NATIONWIDE LIFE INSURANCE COMPANY

	By:	/s/ Thomas S. Leggett
	Name: Thomas S. Leggett
	Title: Associate Vice President Public Bonds

	NATIONWIDE MUTUAL INSURANCE COMPANY

	By:	/s/ Thomas S. Leggett
	Name: Thomas S. Leggett
	Title: Associate Vice President Public Bonds

	MAINSTAY FLOATING RATE FUND, a series of Eclipse Funds Inc.
	By: New York Life Investment Management LLC

	By:	/s/ R. H. Dial
	Name: R. H. Dial
	Title: Director

	CLYDESDALE CLO 2001-1, LTD.
	Nomura Corporate Research and Asset Management Inc. as Collateral Manager

	By:	/s/ Elizabeth MacLean
	Name: Elizabeth MacLean
	Title: Director

	CLYDESDALE CLO 2003, LTD.
	Nomura Corporate Research and Asset Management Inc. as Agent

	By:	/s/ Elizabeth MacLean
	Name: Elizabeth MacLean
	Title: Director

	CLYDESDALE CLO 2004, LTD.
	Nomura Corporate Research and Asset Management Inc. as Agent

	By:	/s/ Elizabeth MacLean
	Name: Elizabeth MacLean
	Title: Director

	NUVEEN TAX-ADVANTAGED TOTAL RETURN STRATEGY FUND, as a Lender
	By: Symphony Asset Management LLC

	By:	/s/ Lenny Marion
	Name: Lenny Marion
	Title: Portfolio Manager

	OPPENHEIMER SENIOR FLOATING RATE FUND

	By:	/s/ Lisa Chaffee
	Name: Lisa Chaffee
	Title: Manager

	ING PRIME RATE TRUST
	By: ING Investment Management, Co., as its investment manager

	By:	/s/ Charles E. LeMieux, CFA
	Name: Charles E. LeMieux, CFA
	Title: Vice President

	ING SENIOR INCOME FUND
	By: ING Investment Management, Co., as its investment manager

	By:	/s/ Charles E. LeMieux, CFA
	Name: Charles E. LeMieux, CFA
	Title: Vice President

	ADDISON CDO, LIMITED
	By: Pacific Investment Management Company LLC, as its Investment Advisor

	By:	/s/ Mohan V. Phansalkar
	Name: Mohan V. Phansalkar
	Title: Managing Director

	JISSEKIKUN FUNDING, LTD.
	By: Pacific Investment Management Company LLC, as its Investment Advisor

	By:	/s/ Mohan V. Phansalkar
	Name: Mohan V. Phansalkar
	Title: Managing Director

	LOAN FUNDING III LLC
	By: Pacific Investment Management Company LLC, as its Investment Advisor

	By:	/s/ Mohan V. Phansalkar
	Name: Mohan V. Phansalkar
	Title: Managing Director

	SEQUILS-MAGNUM, LTD.
	By: Pacific Investment Management Company LLC, as its Investment Advisor

	By:	/s/ Mohan V. Phansalkar
	Name: Mohan V. Phansalkar
	Title: Managing Director

	SOUTHPORT CLO, LIMITED
	By: Pacific Investment Management Company LLC, as its Investment Advisor

	By:	/s/ Mohan V. Phansalkar
	Name: Mohan V. Phansalkar
	Title: Managing Director

	WRIGLEY CDO, LTD..
	By: Pacific Investment Management Company LLC, as its Investment Advisor

	By:	/s/ Mohan V. Phansalkar
	Name: Mohan V. Phansalkar
	Title: Managing Director

	LAGUNA FUNDING LLC

	By:	/s/ Meredith J. Koslick
	Name: Meredith J. Koslick
	Title: Assistant Vice President

	SEMINOLE FUNDING LLC

	By:	/s/ Meredith J. Koslick
	Name: Meredith J. Koslick
	Title: Assistant Vice President

	LOAN FUNDING V, LLC
	By: Prudential Investment Management, Inc., as Portfolio Manager

	By:	/s/ George W. Edwards
	Name: George W. Edwards
	Title: Principal

	BOSTON HARBOR CLO 2004-1 LTD.

	By:	/s/ Beth Mazor
	Name: Beth Mazor
	Title: Vice President

	VERAVAS CDO I. LTD.

	By:	/s/ John Randolph Watkins
	Name: John Randolph Watkins
	Title: Executive Director

	HAMILTON CDO, LTD.
	By: Stanfield Capital Partners LLC, as its Collateral Manager

	By:	/s/ Christopher E. Jansen
	Name: Christopher E. Jansen
	Title: Managing Partner

	STANFIELD ARBITRAGE CDO, LTD.
	By: Stanfield Capital Partners LLC, as its Collateral Manager

	By:	/s/ Christopher E. Jansen
	Name: Christopher E. Jansen
	Title: Managing Partner

	STANFIELD CARRERA CLO, LTD.
	By: Stanfield Capital Partners LLC, as its Asset Manager

	By:	/s/ Christopher E. Jansen
	Name: Christopher E. Jansen
	Title: Managing Partner

	STANFIELD QUATTRO CLO, LTD.
	By: Stanfield Capital Partners LLC, as its Collateral Manager

	By:	/s/ Christopher E. Jansen
	Name: Christopher E. Jansen
	Title: Managing Partner

	SUNAMERICA SENIOR FLOATING RATE FUND INC..
	By: Stanfield Capital Partners LLC, as subadvisor

	By:	/s/ Christopher E. Jansen
	Name: Christopher E. Jansen
	Title: Managing Partner

	AURUM CLO 2002-1 LTD.

	By:	/s/ Thomas R. Bouchard
	Name: Thomas R. Bouchard
	Title: Vice President

	SRF 2000, INC.

	By:	/s/ Meredith J. Koslick
	Name: Meredith J. Koslick
	Title: Assistant Vice President

	STRONG SHORT-TERM HIGH YIELD OLD FUND

	By:	/s/ Gilbert L. Southwell, III
	Name: Gilbert L. Southwell, III
	Title: Assistant Secretary

	THE SUMITOMO TRUST & BANKING CO., LTD.

	By:	/s/ Elizabeth A. Quirk
	Name: Elizabeth A. Quirk
	Title: Vice President

	GALAXY CLO 2003-1, LTD.
	By: AIG Global Investment Corp. as Investment Advisor

	By:	/s/ Steven S. Oh
	Name: Steven S. Oh
	Title: Managing Director

	GALAXY III CLO, LTD.
	By: AIG Global Investment Corp. as Investment Advisor

	By:	/s/ Steven S. Oh
	Name: Steven S. Oh
	Title: Managing Director

	KZH SOLEIL LLC

	By:	/s/ Dorian Herrera
	Name: Dorian Herrera
	Title: Authorized Agent

	KZH SOLEIL-2 LLC

	By:	/s/ Dorian Herrera
	Name: Dorian Herrera
	Title: Authorized Agent

	SUNAMERICA LIFE INSURANCE COMPANY
	By: AIG Global Investment Corp. as Investment Advisor

	By:	/s/ Steven S. Oh
	Name: Steven S. Oh
	Title: Managing Director

	NUVEEN FLOATING RATE INCOME FUND, as a Lender
	By: Symphony Asset Management LLC

	By:	/s/ Lenny Mason
	Name: Lenny Mason
	Title: Portfolio Manager

	CITIGROUP INVESTMENTS CORPORATE LOAN FUND INC.
	By: Travelers Asset Management International Company LLC

	By:	/s/ John O’Connell
	Name: John O’Connell
	Title: Vice President

	APEX (Trimaran) CDO I, LTD.
	By: Trimaran Advisors L.L.C.

	By:	/s/ David M. Millison
	Name: David M. Millison
	Title: Managing Director

	CELERITY CLO LIMITED
	By: TCW Advisors, Inc., as Agent

	By:	/s/ G. Steven Kalin
	Name: G. Steven Kalin
	Title: Senior Vice President

	By:	/s/ Jonathan R. Insull
	Name: Jonathan R. Insull
	Title: Managing Director

	KZH CRESCENT-2 LLC

	By:	/s/ Dorian Herrera
	Name: Dorian Herrera
	Title: Authorized Agent

	KZH CRESCENT-3 LLC

	By:	/s/ Dorian Herrera
	Name: Dorian Herrera
	Title: Authorized Agent

	LOAN FUNDING I LLC, a wholly owned subsidiary of Citibank, N.A.
	By: TCW Advisors, Inc., as portfolio manager of Loan Funding I LLC

	By:	/s/ G. Steven Kalin
	Name: G. Steven Kalin
	Title: Senior Vice President

	By:	/s/ Jonathan R. Insull
	Name: Jonathan R. Insull
	Title: Managing Director

	TCW SELECT LOAN FUND, LIMITED
	By: TCW Advisors, Inc., as its Collateral Manager

	By:	/s/ G. Steven Kalin
	Name: G. Steven Kalin
	Title: Senior Vice President

	By:	/s/ Jonathan R. Insull
	Name: Jonathan R. Insull
	Title: Managing Director

	FIRST 2004-I CLO, LTD.
	By: TCW Advisors, Inc., its Collateral Manager

	By:	/s/ Jonathan R. Insull
	Name: Jonathan R. Insull
	Title: Managing Director

	By:	/s/ G. Steven Kalin
	Name: G. Steven Kalin
	Title: Senior Vice President

	VELOCITY CLO, LTD.
	By: TCW Advisors, Inc., its Collateral Manager

	By:	/s/ Richard F. Kurth
	Name: Richard F. Kurth
	Title: Senior Vice President

	By:	/s/ Jonathan R. Insull
	Name: Jonathan R. Insull
	Title: Managing Director

	SPIRET IV LOAN TRUST 2003-B
	By: Wilmington Trust Company not in its individual capacity but solely as trustee

	By:	/s/ Rachel I. Simpson
	Name: Rachel I. Simpson
	Title: Financial Services Officer

	VAN KAMPEN
	SENIOR INCOME TRUST
	By: Van Kampen Investment Advisory Corp.

	By:	/s/ Howard Tiffen
	Name: Howard Tiffen
	Title: Managing Director

	VAN KAMPEN SENIOR LOAN FUND
	By: Van Kampen Investment Advisory Corp.

	By:	/s/ Howard Tiffen
	Name: Howard Tiffen
	Title: Managing Director

	WESTLB AG, NEW YORK BRANCH

	By:	/s/ Salvatore Battinelli
	Name: Salvatore Battinelli
	Title: Managing Director Credit Department

	By:	/s/ Walter T. Duffy III
	Name: Walter T. Duffy III
	Title: Director

ACKNOWLEDGEMENT AND CONSENT

Each of the undersigned Subsidiary Guarantors hereby acknowledges and consents to the foregoing First Amendment.

	DARAMIC, LLC

	By:	/s/ Lynn Amos
	Name: Lynn Amos
	Title: Chief Financial Officer, Treasurer and Secretary

	DARAMIC INTERNATIONAL, INC.

	By:	/s/ Lynn Amos
	Name: Lynn Amos
	Title: Chief Financial Officer, Treasurer and Secretary

	CELGARD, LLC

	By:	/s/ Lynn Amos
	Name: Lynn Amos
	Title: Chief Financial Officer, Treasurer and Secretary

	DARAMIC ASIA, INC.

	By:	/s/ Lynn Amos
	Name: Lynn Amos
	Title: Chief Financial Officer, Treasurer and Secretary