News Releases

To all the members
Name of the Company Daiwabo Information System Co., Ltd.
Representative Hirokazu Matsumoto, President and CEO
(Code No. 9912, First Section of Tokyo Stock Exchange/Osaka Securities Exchange)
Contact person Koyama (Yoshio),
General Affairs Sect.(Public Relations)
PHONE +81-6-6281-9100

Notice of Transfers by Major Shareholders

We wish to notify a transfer by a major shareholder.

1. Background of transfer
The following shareholder submitted a report on a change in shareholding to the Kanto local finance bureau on September 19, 2007, and we confirm the transfer by the following major shareholder.
2. Name of major shareholder
(1) Name: Effissimo Capital Management Pte Ltd.
(2) Head office: 260 Orchard Road #12-06 The Heeren, Singapore 238855
(3) Representative: Takashi Kousaka
(4) Major business: Investment adviser
3. Number of voting rights of the said shareholder (number of own shares) and its ratio to voting rights of all shareholders
  Number of Voting Rights (Number of Owned Shares) Ratio to the Number of Voting Rights of All Shareholders Order of Large Shareholders
Before the transfer
(August 31, 2007)
3779 voting rights
(1,889,500 stocks)
9.94% Second largest
After the transfer
(September 18, 2007)
4430 voting rights
11.65% Second largest

*1.  The ratio to the voting rights of all shareholders was calculated on the basis of 38,019 voting rights of total shareholders, which we obtained by subtracting 271,935 stocks without voting right from the outstanding 19,281,435 outstanding stocks as of March 31, 2007.
*2. For the order of large shareholders, we give the order that we assumed on the list of shareholders as of March 31, 2007 and the report of large shareholders that we confirmed by September 20, 2007.
4. Forecast
In the modification report of the said report of large shareholder, "Net Assets (For Customers' Assets Management Based on the Discretionary Contract" is mentioned as the "Objective of Owning."

General Affairs Dept Administration Sect.
Koyama (Yoshio)
PHONE: +81-6-6281-9100
FAX: +81-6-6258-9351

September 21, 2007