GovernanceMetrics International

                                                                                              
Contact:   Howard Sherman
  GovernanceMetrics International
  (212) 949-1313 ext. #301

December 17, 2007

GMI Releases New Ratings for All Rated Companies

Dear Colleague,

This is to let you know that GMI has just released new ratings and rating reports for the 4,100 companies in our research universe.

You will see the new rating reports, rating files and key metric files the next time you log onto the GMI subscriber site. GMI’s CEO Pay Alignment Rankings for US companies, introduced in our last major release, have also been recalculated based on recent filings.

FTP sites and customized data feeds will be updated overnight to reflect the new ratings data.

With today’s release (2007.4), GMI market coverage is as follows:

These totals include complete coverage of the Dow Jones STOXX 600, FTSE Eurofirst 300, MSCI World Index, Russell 1000, S&P 400, 500 and 600, plus numerous local market indices.

Please feel free to reply to this email, or contact info@gmiratings.com or your normal GMI contact if you are interested in learning about coverage outside your current subscription package or for information on GMI coverage by market sector.

Thank you, as always, for your support, and our best wishes for the holiday season.