ISS Governance Services (RiskMetrics Group) and DSW announce their Proxy Partnership for Germany

March 07, 2008

Frankfurt/Düsseldorf/New York, NY

ISS Governance Services, a business unit of RiskMetrics Group (NYSE:RMG), a leading provider of risk management and corporate governance services to the global financial community and DSW, Germany’s oldest and largest association for private investors, announced today an additional element to their partnership. The new cooperation offers the first complete, fully integrated direct vote execution service for RMG’s clients at German AGMs:

ProxyPartner Germany

Direct vote execution at the AGM and vote confirmation from issuers closes the gap in the proxy voting chain and completes the full circle of voting instruction, execution and confirmation. The wheel of proxy voting runs smoothly for investors whose custodian banks opt for ProxyPartner Germany, a solution provided by ISS Governance Services.

ProxyPartner Germany is a natural companion to RiskMetrics Group’s Global Proxy Distribution™ (GPD) outsourcing solution for custodian banks. By delivering a full vote audit trail to the shareholder, this unique partnership will strengthen Corporate Governance in Germany with an expected increase in the average AGM turnout.

"RiskMetrics Group and DSW are uniquely suited to offer institutional shareholders the combined benefits of global corporate governance expertise and local experience of proxy voting,” says Dag Wright, Director of RiskMetrics Group in Germany. Jella Benner-Heinacher, Managing Director of DSW, agrees: “We can't think of a better strategic partnership than this one with RiskMetrics Group, the brand known all over the world for its professional and recognized standard in corporate governance solutions, and DSW, the leading national organization for investors.”


About RiskMetrics Group RiskMetrics Group is a leading provider of risk management and corporate governance products and services to financial market participants. By bringing transparency, expertise and access to the financial markets, RiskMetrics Group helps investors better understand and manage the risks inherent in their financial portfolios. Headquartered in New York with 19 global offices, RiskMetrics Group serves some of the most prestigious institutions and corporations worldwide.


About DSW Deutsche Schutzvereinigung für Wertpapierbesitz e.V. (DSW) is Germany’s oldest (founded in 1947) and largest association for private investors. Headquartered in Düsseldorf with 8 regional offices, DSW currently has more than 28,000 members. In addition, DSW is the head office of the German investment clubs. DSW represents investors at approximately 850 annual general meetings per year.