ngi group Announces Capital / Business Partnership with Fractalist, inc.

TOKYO -- Today, ngi group (Satoshi Koike, Representative Executive Officer, President and CEO) (TOKYO:2497) announced the decision to enter into a financial and business partnership with Fractalist, inc. (based in Shibuya-ku, Tokyo; Yusuke Tanaka, Representative Director and President) (Nagoya:3821) with the aim of building a wide-ranging cooperative relationship between Japan and China in the mobile internet field.

Details of Capital / Business Partnership

1. ngi group will underwrite the third-party allocation of shares scheduled for July 30, 2007 by Fractalist, thereby cementing the relationship between the two companies.

2. Fractalist and ngi mobile, a subsidiary of ngi group responsible for mobile business, will merge on December 1, 2007 and unify business activities.

Fractalist is a specialist in the field of mobile technology and development, with know-how in the creation of mobile content. They provide mobile advertising service, planning and operation, as well as mobile media planning. The merger of the two companies will strengthen planning and development of mobile media by creating a business management infrastructure with the broad reach to include advertising, contents, solutions and mobile services. They will strive to become the leader in the mobile internet business in Japan.

Pending the merger, ngi group will acquire 46.7% of aggregate issued shares of Fractalist, and will make Fractalist a consolidated subsidiary of ngi group.

3. Both ngi group and Fractalist will be acquiring shares of MEDIAPRO TECHNOLOGY LIMITED, a company financed by Fractalist that is involved in mobile advertising service in China, and engaging in activities aimed at expanding MEDIAPRO operations in order to strengthen relations between the three companies.