Compass Diversified Holdings Declares Third Quarter 2009 Distribution of $0.34 Per Share

Compass Diversified Holdings Declares Third Quarter 2009 Distribution of $0.34
Per Share

WESTPORT, Conn., Oct. 8 /PRNewswire-FirstCall/ -- Compass Diversified Holdings
(Nasdaq GS: CODI) ("CODI" or the "Company"), a leading acquirer and manager of
middle market businesses, announced today that its Board of Directors declared
a quarterly cash distribution of $0.34 per share. The distribution for the
three months ended September 30, 2009 is payable on October 29, 2009 to all
holders of record as of October 23, 2009.

Joe Massoud, CEO of Compass Diversified Holdings, commented, "We are pleased
to declare our third quarter distribution of $0.34 per share. Including the
third quarter, we have declared a distribution each quarter since our IPO in
May of 2006 for a cumulative distribution of $4.2952 per share to our
shareholders."

About Compass Diversified Holdings ("CODI")

Compass Diversified Holdings ("CODI") was formed to acquire and manage a group
of middle market businesses that are headquartered in North America. Its
subsidiaries are a diverse group of businesses with highly defensible market
positions.

CODI's structure involves acquisition of controlling ownership interests in
its subsidiaries in order to maximize its ability to impact each subsidiary's
performance. The Company provides both debt and equity capital for its
subsidiaries, contributing to their financial and operating flexibility.
CODI's model involves discipline in identifying and valuing businesses,
proactive engagement with the management teams of the companies it acquires
and the monetization of its subsidiaries when it believes that doing so will
maximize shareholder value. The Company seeks to provide an extraordinarily
high level of transparency in financial reporting and governance processes for
the benefit of its shareholders. CODI currently has six subsidiaries operating
in distinct market niches. The cash flows generated by these businesses are
utilized in pursuit of CODI's dual objectives of investing in the long-term
growth of the Company and making distributions of cash to its shareholders.

Subsidiary Businesses

AFM Holdings Corporation and its consolidated subsidiaries, referred to as
American Furniture, is a low-cost manufacturer of upholstered stationary and
motion furniture with the ability to ship any product in its line within 48
hours of receiving an order. American Furniture is based in Ecru, MS.

Anodyne Medical Device, Inc. and its consolidated subsidiaries, referred to as
AMD, is a manufacturer of medical support surfaces and patient positioning
devices, which are primarily used for the prevention and treatment of pressure
wounds experienced by patients with limited to no mobility. AMD is based in
Los Angeles, CA.

CBS Personnel Holdings, Inc. and its consolidated subsidiaries, referred to as
Staffmark, is a provider of temporary staffing services in the United States.
Staffmark is headquartered in Cincinnati, OH and operates over 300 locations
in 29 states.

Compass AC Holdings, Inc. and its consolidated subsidiaries, referred to as
Advanced Circuits, is a manufacturer of low-volume, quick-turn and prototype
rigid printed circuit boards ("PCBs"). Advanced Circuits is based in Aurora,
CO.

Fox Factory Holding Corp. and its consolidated subsidiaries, referred to as
Fox, is a designer, manufacturer and marketer of high-end suspension products
for mountain bikes, all-terrain vehicles, snowmobiles and other off-road
vehicles. Fox is based in Watsonville, CA.

Halo Lee Wayne LLC and its consolidated subsidiaries, referred to as Halo, is
a distributor of customized promotional products and serves more than 30,000
customers as a one-stop-shop resource for design, sourcing, management and
fulfillment across all categories of its customers' promotional products
needs. Halo is based in Sterling, IL.

To find out more about Compass Diversified Holdings, please visit
www.compassdiversifiedholdings.com.

This press release may contain certain forward-looking statements, including
statements with regard to the future performance of the Company. Words such as
"believes," "expects," "projects," and "future" or similar expressions, are
intended to identify forward-looking statements. These forward-looking
statements are subject to the inherent uncertainties in predicting future
results and conditions. Certain factors could cause actual results to differ
materially from those projected in these forward-looking statements, and some
of these factors are enumerated in the risk factor discussion in the Form 10-K
filed by CODI with the Securities and Exchange Commission for the year ended
December 31, 2008 and other filings with the Securities and Exchange
Commission. CODI undertakes no obligation to publicly update or revise any
forward-looking statements, whether as a result of new information, future
events or otherwise.

A copy of this press release, and of past press releases, is available on
Compass Diversified Holdings' website located at
www.compassdiversifiedholdings.com.

SOURCE Compass Diversified Holdings

Compass Diversified Holdings, James J. Bottiglieri, Chief Financial Officer,
+1-203-221-1703, jim@compassequity.com, or Investor Relations and Media
Contacts: The IGB Group, Leon Berman / Mike Cimini, +1-212-477-8438 /
+1-212-477-8261, lberman@igbir.com / mcimini@igbir.com