November 22, 2001
Dear Sir or Madam,Address: 26-1 Sakuragaoka-cho, Shibuya-ku, Tokyo
Company name: Global Media Online Inc.
Company representative: Masatoshi Kumagai, Representative Director and President
OTC issues: Code No. 9449
Contact person: Yoshihiro Himeji, Director and General Manager of Management Department
Phone: 03-5456-2555 (switchboard)
URL: http://www.gmo.jp

Notice of Acquisition of Stock of Daiichi-Tsushin Inc.
Global Media Online Inc. (JASDAQ market: Securities Code 9449, Head Office: Shibuya-Ku, Tokyo, Capital:¥11.13 million, President: Masatoshi Kumagai URL: http://www.gmo.jp Hereafter referred to as Global MediaOnline) gives notice as follows that at a Board Meeting held on November 21, 2001 the company decided toacquire the stock of Daiichi-Tsushin Inc.

1.Profile of Daiichi-Tsushin Inc.
1. Trade Name
2. Date of Foundation
3. Location of Head Office
4. Representative
5. Capital
6. Main shareholders

Daiichi-Tsushin Inc.
March 23, 199730-6 Ikebukuro-Ichome, Toshima-Ku, Tokyo
Kenichiro Matsubara¥275,400,000 (Total number of stocks issued 10,460)
Kerichiro Matsuhara
6,850 shares
65.48%
Softbank Internet Technology Fund 2
1,500 shares
14.34%
Miyuki Matsubara
615 shares
5.87%
Asahigin Investment Management Co., Ltd
300 shares
2.86%
DoubleClick Japan Inc.
200 shares
1.91%
7. Aims of Company, Content of (1) E-mail advertisement mailing service “Point Mail,”Business(2) Sales partner of NTT Communications Corporation and Nippon
Telegraph and Telephone East Corporation
8. Outline of capital(1) Capital relationship N/Arelationship, personal(2) Personal relationship N/Arelationship and business
relationship with Global Media
Online
9. Executives/Employees
Executives
Representative
Kenichiro Matsubara
Director
Director
Norio Watanabe
Director
Yasuhiro Sakai
Full-time Auditor
Norio Uematsu
Auditor
Sotaro Ueda
Employees
64(10) Business results and changes in financial condition in last two years

SalesOrdinary profit
Net income
Total assets
Liabilities
Shareholders” equity

Term ending March 2000
Term ending March 2001
385,310 thousand yen
1,306,390 thousand yen
58,701 thousand yen
207,346 thousand yen
27,144 thousand yen
104,729 thousand yen
312,866 thousand yen
1,224,602 thousand yen
218,359 thousand yen
593,665 thousand yen
94,507 thousand yen
630,937 thousand yen*It has no business relationship with Global Media Online.

2.Our stockholding (ratio) before stock acquisition, our stockholding (ratio) after stock acquisition and acquisition
value, etc.
(1) Stockholding (ratio) before
0 shares (0%)
acquisition(2) Stockholding (ratio) after acquisition
6,015 shares(57.5%)(3) Acquisition value
230,019,615yen
3. Transfer of stock to Global Media Online
Ordinary stocks of Daiichi-Tsushin Inc. held by Mr. Kenichiro Matsubara. There is no capital, personal or otherbusiness relationship between Global Media Online and Mr. Kenichiro Matsubara.
4. Value of stock acquisition¥230,019,615
5. Reason for stock acquisition
The GMO Group led by Global Media Online is expanding Internet provider business (IXP-related business), suchas access, servers and domains, and Internet advertising media business focusing on e-mail advertising. In
particular in Internet advertising media business we are focusing on the Opt-In Mail Service, where members agree
to advertisement mailing in advance and, based on profiles and likes/dislikes etc. selected by members, are mailed
advertisements and information of interest. With the Opt-In Mail Service, unlike one-way notice-type e-mailadvertising, the target mailed advertisements and information is clear and for both advertisers and members it is anextremely useful method of marketing with high advertising effectiveness. Moreover, with the aim ofstrengthening our sales capacity we have expanded sales channels with “pull-type sales,” “call-push-type sales” and“visit-push-type sales.”Meanwhile as an e-mail advertising distributor Daiichi-Tsushin operates “Point Mail” designed to grant as
incentives points that can be exchanged for prizes in Opt-In Mail. “Point Mail” has the added value that,depending on the number of points they have collected, registered members select the prize they want out of about3000 prizes provided by Daiichi-Tsushin.
Daiichi-Tsushin has also concluded agency agreements with NTT Communications Corporation and Nippon
Telegraph and Telephone East Corporation, and is expanding sales by processing on commission applications forsubscription to both companies” telecommunications services.
In this context, following repeated discussions between Global Media Online and Daiichi-Tsushin, we decided toacquire the stock of Daiichi-Tsushin with the aim of sharing our human resources, expertise, technology, planning
capacity and other business resources in order to strengthen business further.
In future, in our Opt-In Mail Business, besides our past services “Opt-In-Mail ‘Mailin,’” “Opt-In Mail for MailingList Members ‘My Check’” and “Opt-In Mail with Prize Draw ‘fukubiki.com,’” the GMO Group will also provide
Daiichi-Tsushin’s “Opt-In Mail with Points ‘Point Mail,’” thereby building a strong base for our opt-in mailbusiness. By sharing Daiichi-Tsushin’s sales expertise, etc., we aim to show maximum multiplier effect andstrengthen our sales capacity.
In future, with a view to increasing the value of the GMO Group, we will also consider business integration, etc.
between the two companies.
Opt-In Mail media

CompanyMailin

Mailin Inc

MyCheck
fukubiki.com
Point Mail

Freeml.com, Inc.
Magpromotion Inc.
Daiichi-Tsushin Inc.

No. of members
890,000(excluding 200,000 zero members)

200,000
620,000
410,000

6. Schedule for stock acquisition
Stock certificates are due for receipt (Tuesday) November 27, 2001.
7. Impact on future business results
Our stockholding after acquisition will be 57.5% and Daiichi-Tsushin will become a consolidated subsidiary of ourcompany. For reasons that include the turbulence and unpredictability of the environment surrounding theInternet we are not releasing business forecasts as in the past. Therefore, we will endeavor to disclose quarterly
results promptly.
Concluded

ファイル名 :disclose_info20011122.doc

フォルダ :

C:¥home¥www¥ir.gmo.jp¥htdocs¥info¥docs

テンプレート :C:¥Documents and Settings¥ueki¥Application

Data¥Microsoft¥Templates¥Normal.dot
表題 :平成 13 年 2 月●日

副題 :
作成者 :

M.Kumagai

キーワード :
説明 :作成日時 :

2001/11/20 18:31

変更回数 :

16

最終保存日時 :2002/03/01 17:41

最終保存者 :

Yuka Ueki

編集時間 :

75 分

最終印刷日時 :2002/03/01 17:43

最終印刷時のカウント
ページ数 :

4

単語数 :1,001 (約)

文字数 :5,709 (約)