Marks the Debut of a Single Central Credit Reference Agency in Hong Kong

    CHICAGO, Jan. 28 /PRNewswire/ -- Trans Union (TU) announced today that it
has bought a majority interest in Credit Information Services (CIS), the
leading and largest consumer credit bureau in Hong Kong.  Simultaneously,
Dun & Bradstreet has also bought a stake in CIS.  Trans Union expects the
country's largest banks, Hong Kong Bank and Hang Seng Banks, to participate in
contributing credit information to CIS, making it the first complete Central
Consumer Credit Reference Agency in Hong Kong.
    Trans Union has vast consumer credit bureau experience in markets such as
the United States, Puerto Rico, US Virgin Islands, Canada, Mexico, Peru,
Spain, Italy, South Africa and offices in Chile and Kenya.  In the US alone,
TU issues over 300 million online credit reports per year, plus hundreds of
millions of batch reports.  The TU database in the US contains credit
information on over 200 million customers.
    Trans Union is one of the world's leading consumer credit information
companies.  The company provides a broad range of industries with products and
services that include credit reports, risk scoring models, target marketing
systems, pre-employment evaluation reports, skip tracing and search tools,
customized lists, transaction service; products that service both equity and
first mortgage lenders; as well as other information-based products.
    Trans Union has vast experience in helping credit grantors expand their
consumer credit business and control credit risk.  This controlled risk helps
the consumer in eventually lower credit cost.  TU also has years of experience
with consumer Privacy Legislation throughout the world, and understands the
balance between business needs, and consumer privacy concerns.
    Larry K. Howell, Vice President Asia/Pacific/Europe for Trans Union,
states, "Trans Union is excited about the opportunity of being partners with
Credit Information Services (CIS), and Dun & Bradstreet (D&B) Hong Kong.  We
see this as an opportunity to create the first world class credit bureau in
Asia.  CIS has done an excellent job of serving the credit financial industry,
but the fast moving credit industry, and mobile consumer will create new
demands that TU/D&B can help meet.  Our immediate goal is to transform CIS
into a world class consumer credit bureau that will help Hong Kong credit
providers.  The entire world looks to Hong Kong to be the financial leader in
Asia, and a global credit bureau is essential in this process.  We also see
Asia as having a tremendous need for the most advanced credit bureau
technology, and will be a major part of our expansion plans.  TU and our
partner D&B look forward to this opportunity."

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