Revised Earnings Forecast for the First Half Ended September 30, 2007

Promise has made the following revisions to its first half ended September 30, 2007 (April 1, 2007 -September 30, 2007) earnings forecast released on May 1, 2007 along with the announcement of the Company's financial results.

1. Revised Earnings Forecast for the first half ended September 30, 2007

(April 1, 2007-September 30, 2007)

 (Millions of yen)

(Millions of yen)

2. Principal Reasons for Revision

1) Reason for revision of non-consolidated earnings forecast

The initial forecast for the first half ended September 30, 2007 included conservative estimates for expenses for loan losses and for debt guarantees due to the effect of the December 2006 passage of the amended Money-Lending Business Control and Regulation Law. However, we expect that operating expenses for the first half ended September 30, 2007 will be 6.3 billion yen less than in our original forecast. The main reason is declines of 3.6 billion yen in expenses for loan losses and 1.5 billion yen in expenses for debt guarantees compared with the original forecast. As a result, the operating profit and recurring profit forecasts have been increased by 5.5billion yen and 5.9 billion yen, respectively. There is only a small revision to the net income forecast mainly because of an extraordinary loss that includes an asset impairment charge for stock held in consolidated subsidiary QUOQLOAN INC.

2) Reason for revision of consolidated earnings forecast

Consolidated operating expenses for the first half ended September 30, 2007 are expected to be 14.1 billion yen less than the original forecast for the same reasons that affected the non-consolidated forecast. This is mainly because of a 12.4 billion yen decline in expenses for loan losses compared with the original forecast. The consolidated operating profit, recurring profit and net income forecasts have been increased by 13.3 billion yen, 14.8 billion yen and 10.6 billion yen, respectively.

3) Forecast for the fiscal year ending March 31, 2008

We are currently working on the second half forecast. We plan to announce a fiscal year forecast with the first half ended September 30, 2007 earnings announcement, which is scheduled for Thursday, November 8, 2007.

4) Dividend forecast

There is no change at this time to the interim dividend forecast due to the revisions to the interim period forecasts.The year-end dividend forecast will be announced with the first half ended September 30, 2007 earnings announcement, which is scheduled for Thursday, November 8, 2007.

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.