RHJ International

D&M Holdings Inc.

Headquarters : Japan
Industry : Consumer Electronics - Audio Visual/Home Theater-related segment

Tokyo Stock Exchange ticker	6735.T
Total Shares Outstanding	92,717,214
RHJI Ownership as of March 31, 2008	48.9% (45,323,160 shares)
Contribution Price per Share (March 23, 2005)	JPY 232
Share Price on March 31, 2007	JPY 456
Share Price on March 31, 2008	JPY 340

Overview of Activities

D&M Holdings Inc. (http://www.dm-holdings.com/) is based in Kawasaki, Japan, and owns the Denon, Marantz, McIntosh Laboratory, Boston Acoustics, Snell Acoustics, D&M Professional, D&M Premium Sound Solutions, Denon DJ and Escient® brands. Denon, Marantz, McIntosh and D&M Professional are global industry leaders in the specialist home theater, audio/video consumer electronics or professional audio markets, with a strong and heritage of manufacturing and marketing high-performance audio and video components.

Boston Acoustics, with its signature The Boston Sound, is a leader in premium loudspeakers for home and automotive audio markets. Snell is a super premium speaker brand. D&M Premium Sound Solutions manufactures high-quality, Hi-Fi audio products for the B2B automotive and consumer electronics markets.

D&M's Corporate Presentation

RELATED NEWS

23 May 2008	D&M Holdings Inc. Reports Record Consolidated Sales and Operating Earnings for Fiscal Year 2007
20 May 2008	D&M Holdings Reports Downward Revision for Fiscal Year 2007 Earnings Forecast
02 April 2008	D&M Holdings Acquires Allen & Heath of UK
08 February 2008	D&M Reports Third Quarter Earnings for Fiscal Year 2007
21 August 2007	D&M Acquires Calrec Audio of UK

KEY FIGURES

Financial information for the Japanese companies has been translated for convenience into Euros using the exchange rate prevailing March 31, 2008 (EUR/JPY = 157.37)

change

March 31 (*)	2008	2007
Net sales	112,125	100,040
Gross profit	44,565	38,652
Gross margin	39.7%	38.6%
EBITDA	8,937	7,551
EBITDA margin	8.0%	7.5%
Operating profit/(loss)	6,309	5,367
Profit /(loss) after tax, before discontinued operations	1,742	3,004
Discontinued operations, net of tax	(65)	-
Net profit/(loss)	1,644	2,975
March 31	2008	2007
Cash	1,503	2,801
Financial debt	26,765	19,942

(*) Excluding the effect of the purchase price allocation carried out in connection with the contribution of the ownership intetests to RHJI at March 31, 2005.