Revised Earnings Forecast for the Fiscal Year Ending March 31, 2006

Promise has made the following revisions to its fiscal 2006 (April 1, 2005 – March 31, 2006) earnings forecast released on October 27, 2005 along with the announcement of the Company's interim financial results. Promise's earnings forecast was revised in view of recent business trends and of the guideline on auditing consumer finance companies, etc., issued by The Japanese Institute of Certified Public Accountants (JICPA).

1. Revised Earnings Forecast for FY2006 (April 1, 2005 – March 31, 2006)

 (Millions of yen)

(Millions of yen)

2. Principal Reasons for Revision

1)Reason for revision of non-consolidated earnings forecast

We revised our earnings forecast downward after determining that it would be difficult to reach our performance goals for operating profit, recurring profit and net income, principally because we decided to set up an "Allowance for losses from reimbursement of excessive loan payment" reserve and expect to expense a provision of approximately 20.3 billion yen for the current fiscal year. In addition, expenses for loan losses are expected to exceed our original forecast. The decision to set up a reserve was taken based on our anticipation that "Reimbursement of excessive loan payments" will exceed our originally planned amount by 4.0 billion yen, rising to approximately 12.5 billion yen; and on the guideline for auditing consumer finance companies, etc., issued on March 15, 2006 by the JICPA. The new guideline by the JICPA is based on the Supreme Court decision on the application of deemed settlements* rules stipulated in the Money Lending Business Control and Regulation Law.

*  Deemed settlements: Repayment beyond the maximum interest rate stipulated by the Interest Restriction Law is deemed valid

2)Reason for revision of consolidated earnings forecast

We will also be revising our earnings forecasts for consolidated operating profit, recurring profit and net income in accordance with the revision in non-consolidated performance.

3)Dividend forecast

We have no plans to change our fiscal year-end dividend.

The above revision of the earnings performance forecast is a forward-looking statement made based on the information available at the time of the announcement of this revision. Actual earning performance could differ due to a variety of factors.