July 12, 2005
For Immediate Release
Address: 26-1 Sakuragaoka-cho , Shibuya-ku, Tokyo
Company name: GMO Internet Inc.
Code No.9449
Company representative: Masatoshi Kumagai , Representative Director and President
Contact person: Masashi Yasuda , Executive Director
TEL: 03-5456-2555 (switchboard)
URL: http://www.gmo.jp

Notice of Basic Agreement Reached with Solis Corporation on Stock Swap
GMO Internet, Inc. ("the Company") is pleased to announce that it has executed a basic agreement withSolis Corporation following a resolution concerning an exchange of shares aimed at strengthening thedomain business adopted by a meeting of the Board of Directors on July 12, 2005.
Centered on the Company, Inc. the GMO Internet Group concentrates its management resources onproviding Internet infrastructure to run a business to support Internet use and operations to help attract online
customers.
In particular, the business to support Internet use encompasses an access business, domain business, serverbusiness, payment settlement business and security business.
Known in the form of ".jp" and ".com," domains on the Internet play an important role as addresses of
networked computers in cyberspace. The Company offers the domain registration service under the brandname "Onamae.com."
Run by the Company, the "Onamae.com" service has been constantly offering new domains as well as
general domains to establish itself as a comprehensive portal specializing in domains since it was designatedas the first commercial domain registration body in the Asian region and Japan in April 1999. The Company
also strives to increase the utility value by combining this service with the access business and serverbusiness.
As a result of these efforts, a large number of customers have registered their domains through the"Onamae.com" service operated by the Company. It boasts the fact that the "Onamae.com" service has
engaged in the largest number of registrations of "(general-purpose) .jp domains" and ".com/.net/.org
domains" in Asia.
Solis Corporation specializes in the domain registration business. Its domain name registration service
covers not only domestic domain names but also domain names across the world.
In this situation, in which it was imperative to respond swiftly to changes and demands in the domain
service industry, the Company confirmed that it shared a mutual interest with Solis Corporation in further
expanding domain registrations and bolstering services and has thus signed a basic agreement for a stock
swap with a view towards owning Solis Corporation as a subsidiary.
The stock swap agreement is set to be executed on August 1, 2005. Based on company valuations
prepared by third-party institutions, the value of Solis Corporation agreed on between the parties isapproximately 1,125 million yen. The final terms and conditions will be coordinated on the basis of thisfigure. The Company will make notification of the stock swap ratio and the status after the stock swap assoon as the stock swap agreement is signed.
End© copyright 1995-2005 -- GMO Internet Group -- GMO Internet, Inc. all right reserved.

[Corporate profile]■ Trade name

Solis Corporation■ Business activities(1)Access service and consulting for use of the Internet(2)Development, management and marketing of computer software(3)Planning, production and marketing of information media foradvertising and publicity purposes(4)Production of service screens for individual and corporate users andonline advertising(5)Production of service screens on the Internet for corporate users
and online advertising(6)Survey on registration of commercial Internet domain nameregistrations, registration brokerage and consulting(7)All services incidental to the services and businesses listed above■ FoundedFebruary 2001

■ Postal code

169-0073■ Location

4F, Asahi Bldg., 1-22-24 Hyakunincho, Shinjuku-ku, Tokyo■ Facsimile

03-3371-0961■ Officer

Darshaun Nadeau, Representative Director■ Capital

10,000,000 yen■ Number of employees 9■ URL

http://www.solis.jp■ Affiliations- An operator designated by Japan Registry Services, Inc.
- A member of Japan Internet Providers Association- An ICANN-approved registrar■ Main bank

The Bank of Tokyo-Mitsubishi, Ltd.

■ Major customers- Nifty Inc.
- NEC Corporation- More than 450 major listed Japanese companies- More than 150 major listed overseas companies© copyright 1995-2005 -- GMO Internet Group -- GMO Internet, Inc. all right reserved.