March 25, 2002

Acquisition of Additional Shares in Keicho, Ltd.

and Change of its Corporate Name

  Information Services International-Dentsu, Limited (ISID, head office: Nakano-ku, Tokyo, Representative: Jutaro Takinami, President & CEO) announces the acquisition of additional shares in Keicho, Ltd. ISID has long held 66.1 percent of the issued and outstanding stocks of Keicho, and it has now decided to acquire additional shares in Keicho to boost its ownership stake to 91.7 percent by the end of March. Additionally, the corporate name of Keicho will change to ISID InterTechnologies, Ltd. effective April 1, 2002.

  ISID has had a long business relationship with Keicho, primarily in providing systems development services to financial institutions and the Dentsu Group. Respect for the strong systems development capabilities of Keicho caused ISID to acquire it as a subsidiary in September 2001. This acquisition of additional shares will further enhance this relationship, aiming for the following improvements.
    o Reinforcement and securing of approximately 400 employees in the field of systems development, maintenance and operational support, keying on new technologies
    o Retention of systems development technologies and expertise within the group

Overview of Keicho, Ltd.
(1) Corporate name: Keicho, Ltd.
Scheduled to be changed to the following, effective April 1, 2002:
ISID InterTechnologies, Ltd.
(2) Representative: Akihiro Fukuyama
(3) Address: Shokochukin Fukagawa Building, 6th Floor
5-11-17 Kiba, Koto-ku, Tokyo 135-0042
Registration of the headquarters is to be changed to the following address from April 1, 2002:
Kakihara Asahi Eitai Building, 10th Floor
3-7-13 Toyo, Koto-ku, Tokyo 135-0016
(4) Founded: October 1971
(5) Main businesses:
- Contracted services for software development
- Operational management and maintenance services for systems and networks
(6) Closing date: March 31
(7) Number of employees: 418 (as of October 2001)
(8) Principal offices: Toyocho Office, Nishi-Ochiai Office, Sapporo Office, Fukuoka Office
(9) Paid-in capital: ¥326 million

Summary of Share Ownership before and after the additional acquisition
Number of stocks currently owned: 432,033 (66.1 percent of 653,333 stocks issued and outstanding)
Number of stocks additionally acquired: 166,900 (25.5 percent of 653,333 stocks issued and outstanding)
Eventual number of stocks owned by ISID: 598,933 (91.7 percent of 653,333 stocks issued and outstanding)

Schedule
The acquisition of additional shares is to be completed by March 31, 2002.

Sources of stocks to be acquired
Stocks to be acquired from existing shareholders including Keicho's Employee Shareholding Society and the directors of the company.

Future Outlook
As Keicho has been already included within the scope of consolidation since it became an ISID's subsidiary in September 2001, the acquisition of additional shares is expected to have a minimal impact on consolidated business results. The forecast of consolidated business results for the next and later years will be announced as soon as they became definite.