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Korea Information Service Inc & Investor Group	Update Date: 11/04/08
Date Announced: 08/14/08
Value (million $USD): 78.9 million U.S. Dollar 82.24 billion Korean Won

Status: Completed

TRANSACTION DETAILS
Date Announced	08/14/08
Date Originally Announced	08/14/08
Format	Acq. Part. Int.	Acquisition techniques	Acquiror is an Investor G; Privately Negotiated Purc
Attitude	Neutral	Agency	n/a
Value	78.9 million U.S. Dollar 82.24 billion Korean Won	Advisor Fees	n/a

SYNOPSIS

SOUTH KOREA - An investor group, comprised of National Information & Credit Evaluation Inc (NC), NICE e-Banking Services, a majority-owned unit of NC, and NICE Information & Telecommunication Inc, acquired a 28.88% stake, or 1.375 mil ordinary shares, in Korea Information Service Inc, a credit rating services provider, from Daou Technology Inc and Daou Data Corp, for 82.242 bil Korean won ($78.87 mil US) in cash, in a privately negotiated transaction.

TARGET
Name	Korea Information Service Inc (Korea OTC : 030190)
Industries	Services, nec
City	Seoul
State	n/a
Nation	South Korea
Incorporated in	n/a
Public Status	Public
Business Description	Korea Information Service Inc, headquartered in Seoul, South Korea, provides credit rating services associated with all financial and commercial transactions among corporations and consumer individuals. The company was founded in February 1985.
Advisors	NULL
Target Sales	167.8 million U.S. Dollar 155.49 billion Korean Won

ACQUIROR
Name	Investor Group
Industries	n/a
City	n/a
State	n/a
Nation	South Korea
Incorporated in	n/a
Public Status	Private
Business Description	Investor group
Advisors	NULL
Acquiror Sales	n/a

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