[KEYEAST]Keyeast Adds 90,000,000,000 Won...

June 10. 2009

Source: Keyeast Inc. /News from Press Release

Keyeast Adds 90,000,000,000 Won
Japanese Listed Company to its Family

2009.6.9
- As the largest shareholder (15.94%), new foundation for becoming No.1 cultural/entertainment company

The cultural content company Keyeast Co., Ltd. (www.keyeast.co.kr) has added the leading Japanese digital content distribution company Digital Adventure (www.digiadv.co.jp, "DA¡") as an affiliated company.

This was officially announced by Keyeast on May 27 through its affiliated company alteration notice. Keyeast is now the largest shareholder of DA with 15.94% of DA shares (8,645,000 shares out of a total of 54,392,638 shares).

A spokesperson for Keyeast stated that "the company is truly happy to have successfully completed this merger which combines Keyeast's(content with the distribution network of DA and that through Keyeast's) long term holding of DA shares and the resulting mutually beneficial partnership, the company will be able to achieve its goal of becoming the No.1 cultural/entertainment content company at the forefront of the Asian Wave."

KEYEAST inc.