Released on = June 12, 2007, 11:41 am

Press Release Author = Mr NG Nagasaki / Jacobs and Burns

Industry = Financial

Press Release Summary = Jacobs & Burns finally made it to keep rates on hold, from
their corporate headquarters in Tokyo,Mr NG Nagasaki said that they are back in
market business and spoke about Bank of Japan\'s plan in increasing the interest
rate.

Press Release Body = From their corporate headquarters in Tokyo, spoke person of
Jacobs & Burns, Mr NG Nagasaki, explained that \" Year ago, Jacobs & Burns
experienced falling prices that contributed to bank failures. But now that they are
back, it is only a reminder to the Bank of Japan that the raise of interest rates
must not too high nor too fast.\"

Mr NG Nagasaki, continue saying \" There are three reasons why the situation is not
yet disastrous. First, this is one month\'s data and the trend in inflation is still
up. Second, due to the lowering of oil price that which benefited the economy of
Japan in other ways. Third, which is the most important, the economic backdrop has
improved since the deflationary years earlier this decade. the banking sector has
been restored to something that resembles health and growth out put.\"

He went on by saying \" The trouble sometimes is that normal economics do not seem to
be working, something the Bank of Japan, which put up interest rates, that really
seems very reluctant to accept. meanwhile, with only half percent of interest, it is
hard to find for the bank to make money and in some part of Japan there are signs of
an incipient boom in the property market. Excess demand and property speculation are
likely to cause inflation in the future which is he goal of Japan\'s Bank is to head
that inflation off.\"

He paused before saying \" Lot of people are not working at all, not working very
much, or just producing little with their work which gives give a result of
increasing unemployment. Businesses poured thousands of billions of yen into
factories, buildings and infrastructures, which turned out, japan could not make use
of all the stuff and investments turned into bad debt for the banks. lot of excess
capital has invests far more in new capital than it\'s rival in Europe and North
America. Some of that capital may not be fully used.\"

He further went on to finish his speech by saying \" There are reasons for optimism
about the Japanese economy. The export sector is still world-class and as long as
the US economy keeps going it will surely contribute to growth. Japan\'s recovery is
likely to c0ntinue if it is allowed to with slow but steady growth over the next few
years. There are risks on keeping interest rates low. For the foreseeable future the
Bank of Japan should keep rates on hold. \"

Jacobs & Burns provides financial advisory services to wealthy individuals and
families, and select endowments, its independent, fee only, conflict free \"open
architecture\" consulting service, a combination of independence, tax awareness and
extensive intellectual resources. Jacobs & Burns today is one of the best-recognized
open architecture firms advising wealthy families on their investment portfolios and
other wealth management issues.

With expertise in the Investment Banking industry, Jacobs & Burns can help you meet
the challenges of wealth investment. Jacobs & Burns is a professional financial
advisory and venture capital firm with expertise in Investment Banking, Emerging
Growth Companies, and Specialized advisory services. Jacobs & Burns provides
powerful solutions for growing your wealth in a complex market.

A true open architecture firm is completely independent of the rest of the financial
services industry and accepts compensation only from its clients. In addition, open
architecture firms must make the financial commitment to hire only the most
experienced advisors, and those advisors must apply their experience to the issues
that will most affect their clients' wealth. Matters like asset allocation and
manager search are simply too important to be left in the hands of young analysts.


Web Site = http://www.jacobsburns.com

Contact Details = Address: Koraku Mori Bldg 9F 1-4-14 Koraku Bunkyo-Ku Tokyo Japan
112-004

Phone: +813-4580-1848
Fax: +813-4496-4320

Email: jr_it@jacobsburns.com