January 29, 2008

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 Change of Largest Shareholder

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Daiwabo Information System wishes to announce a change in the largest shareholder as follows:

1.	History of change
	We confirm the change in the largest shareholder because the following shareholder submitted a revision of the large shareholding report to the Kanto Local Finance Bureau on January 28, 2008. This revision shows that Effissimo Capital Management Pte Ltd. became our largest shareholder on December 14, 2007. As a result of this change, Daiwabo Co., Ltd. that had been our largest shareholder became a major shareholder on December 14, 2007.
2.	Name and other details of the major shareholders
	(1)Shareholder that became the largest shareholder 1) Name Effissimo Capital Management Pte Ltd. 2) Location of head office 260 Orchard Road #12-06 The Heeren Singapore 238855 3) Representative Takashi Kosaka 4) Major business activities Investment advisor (2)Shareholder that lost the position of the largest shareholder 1) Name Daiwabo Co., Ltd. 2) Location of head office 3-6-8, Kyutarocho, Chuo-ku, Osaka 3) Representative Hajime Kanno 4) Major business activities Manufacturing and sales of various kinds of textile products
3.	The number of voting rights of the said shareholder (number of stocks owned) and ratio of the total shareholder voting rights
	(1)Shareholder that became the largest shareholder   Number of voting rights (Number of stocks owned) Ratio to the voting rights of all shareholders Ranking among major shareholders Before change (December 6, 2007) 9,173 (4,586,500) 24.10% 2nd place After change (December 14, 2007) 9,366 (4,683,000) 24.61% 1st place After change (January 28, 2008) 12,640 (6,320,000) 33.21% 1st place (2)Shareholder that lost the position of the largest shareholder   Number of voting rights (Number of stocks owned) Ratio to the voting rights of all shareholders Ranking among major shareholders Before change 9,297 (4,648,875) 24.43% 1st place After change (December 14, 2007) 9,297 (4,648,875) 24.43% 2nd place *1. We deducted 264,803 stocks without voting rights from 19,290,303 stocks that were the total outstanding stocks as of September 30, 2007 to calculate the ratio with respect to the voting rights of all shareholders. The ratio was calculated on the basis of the 38,051 voting rights of all shareholders. *2. We estimated the ranking of the major shareholders on the basis of the list of shareholders as of September 30, 2007 and the large shareholding report that we confirmed as of January 28, 2007.
4.	Future Forecast
	The said revision of the large shareholding report mentioned "Net investment (6,319,500 stocks are for operation of customers' assets based on discretionary investment contract)" as the objective of shareholding.