|December 12, 2007|
|On Receipt of Document of Stock Purchase|
|Daiwabo Information System received a letter of December 11, 2007 enclosing a document with an offer to purchase our stocks (hereinafter referred to as document of stock purchase) from Effissimo Capital Management Pte Ltd. (hereinafter referred to as Effissimo).
With regard to Effissimo's purchase mentioned in the document of stock purchase (hereinafter referred to as Effissimo's purchase), we are scheduled to submit a list of information that we need to receive from Effissimo within ten business days from the 12th of the same month, and to receive the requested information from Effissimo in accordance with the procedure for requesting information on disclosure mentioned in the press release of December 7, 2007 entitled "Notice of the Introduction of Procedure of Requesting Information on Disclosure."
When we have finished submitting the requested information, our board of directors will form opinions on Effissimo's purchase on the basis of the submitted information and opinions on the purchase from an independent committee established in accordance with the procedure for requesting information on disclosure during the review period. We will publish the opinions of our board of directors and the judgment of our stockholders in a proper and timely manner.
Our stockholders and investors are requested to take notice of the information to be disclosed by us. For the procedure for information disclosure, please refer to the following material (Web page of our Web site).
Press release of December 7, 2007 entitled "Notice of Introducing Procedure of Requesting Information on Purchase of Our Stocks."
Web page of our website: pdf/071207.pdf
General Affairs Dept.