August 2, 2007

Securitization of Consumer Loan Assets in a Subsidiary

GMO Internet Inc.

Tokyo - August 2, 2007 -- The GMO Internet Inc. announces that at a meeting today of the Board of Directors of consolidated subsidiary GMO NetCard Inc. it was resolved to procure capital through the entrustment of part of the consumer loan assets held by Million Ltd and 10 (*1) other subsidiaries and the transfer of beneficiary rights to the trust assets at the same time as transferring the concerned loan assets to a trust beneficiary. It was decided to do this in order to improve asset efficiency and rationalize capital procurement.
This will have a minimal impact on consolidated financial performance.
(*1) Million Ltd., Sanyo Credit Ltd., Sanai Credit Ltd., Alto Ltd., East Japan Credit Ltd., Japan Credit Ltd., Japan Ltd., Save Ltd., Like Card Ltd., Sunlife Ltd., JC Ltd.

This will have a minimal impact on consolidated financial performance.

Please Refer to the notification on our Investor Relations Site for:

1. Outline of Securitization
2. Schedule
3. Inquiries

The GMO Internet Group

The GMO Internet Group is a leading force in the Internet industry offering one of the most comprehensive ranges of Internet services in Japan. We hold top domestic market shares in domain registration, web hosting and payment processing and we provide a host of other services including e-commerce solutions, Internet advertising and online securities trading to individual and corporate customers. Striving to redefine the industry and foster a vibrant Internet culture, the GMO Internet Group is continuously working to inspire enthusiasm in our customers and put smiles on their faces.

GMO Internet Inc.

Company Name	GMO Internet Inc. http://www.gmo.jp/en (TSE First Section Code: 9449)
Address	Cerulean Tower, 26-1 Sakuragaokacho, Shibuya ku, Tokyo, JAPAN
CEO	Masatoshi Kumagai
Business Description	■Internet Use Support (Infrastructure) ■Internet Advertising Support (Media) ■Internet Finance
Capital	￥9,651,750,000

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