NEW YORK, May 06, 2008 (BUSINESS WIRE) -- Hohmann & Barnard, Inc. ("H&B"), the leading manufacturer of
reinforcement, anchoring systems and accessories for masonry and
stone, has been acquired by MiTek, Inc. ("MiTek"), a subsidiary of
Warren Buffett's Berkshire Hathaway, Inc. (NYSE:BRK-A). MiTek is the
world's leading supplier of state-of-the-art engineered connector
products, equipment, software and services for the building components
industry.

Citi Capital Strategies ("CCS"), a leading provider of investment
banking services to privately held businesses, served as the exclusive
financial advisor to H&B. The terms of the transaction were not
disclosed.

"We are pleased that our client, Hohmann & Barnard, will be able
to team with a firm of the caliber of MiTek, which is owned by
Berkshire Hathaway, Inc.," said John Patek, Managing Director at CCS.
"The combination of these two firms offers tremendous synergies,
especially to leverage software, engineering, unique products and
marketing capabilities."

Ron Hohmann, Sr., Chairman and CEO of H&B stated, "We are
delighted to be part of the MiTek and Berkshire Hathaway team. The
combination of H&B and MiTek will allow us to better serve our
customers through new innovative products, increased manufacturing
capacity, expanded markets into residential construction and
geographic expansion including overseas."

"H&B is an outstanding addition to the MiTek family," stated Gene
Toombs, Chairman and CEO of MiTek. "All Hohmann family members, as
well as all existing H&B associates, will stay with the company. Ron
Hohmann, Sr. will continue to serve as Chairman and CEO, Ron Hohmann,
Jr. will continue as company president and the company will operate as
a separate subsidiary of MiTek," added Toombs.

Citi Capital Strategies is a leading investment bank dedicated to
serving the needs of closely held and family-owned businesses. Citi
Capital Strategies specializes in mergers, acquisitions,
recapitalizations, ESOPs, corporate real estate investment banking
services and capital solutions for private businesses. In one sector
focus, it has completed a series of assignments with premier building
products and services companies in the middle market, such as Hohmann
& Barnard, Inc. Citi Capital Strategies is a division of Citigroup
Global Markets Inc. Member SIPC. For more information, visit CCS's
website at www.citicapitalstrategies.com

Hohmann & Barnard, Inc., founded in 1933, is based in Long Island,
New York. For three generations, the Hohmann family has served the
architectural, design and building community with innovative solutions
to complex construction and design problems. For more information,
visit H&B's website at www.h-b.com.

MiTek, Inc., based in Chesterfield, Missouri, has operations on
five continents and has been part of Berkshire Hathaway since 2001.
For more information, visit MiTek's website at www.mii.com.

SOURCE: Citi Capital Strategies

Citi Global Wealth Management
Mark Costiglio, 212-559-2178
Media Relations
mark.costiglio@citi.com

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