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PERFECT INFORMATION PROVIDES ADDITIONAL DEBT TOOLS & SECURITIES INFORMATION WITH MOODY'S RATINGS

Perfect Debt Users Benefit from Increased Functionality

London, 12th October 2004 - Perfect Information, the global provider of financial information, today announced that it has entered into a relationship with Moody's, a provider of credit ratings, research and analysis covering debt instruments and securities in the global capital markets. This will give users of PI's Perfect Debt, an online database of over 210,000 fixed income securities, access to an advanced search criteria supplied by Moody's. Access to this additional information will further enable users of Perfect Debt to analyse the credit risks associated with fixed-income securities. Users will be able to use Moody's Ratings as search criteria to locate corporate documents, such as prospectuses.

"This relationship with Moody's will add valuable functionality for our users," said Greg Simidian, Managing Director, Perfect Information. "Independent credit ratings and research significantly contribute to efficiencies in fixed-income markets and other obligations, such as insurance policies and derivative transactions. With access to Moody's search criteria, our Perfect Debt customers now have the ability to perform advanced analysis further helping them to make fast and well-informed decisions."

Moody's ratings and analysis track more than $30 trillion of debt, covering approximately:

- 150,000 corporate, government and structured finance securities
- 75,000 public finance obligations
- 10,000 corporate relationships
- 100 sovereign nations