SHANGHAI, China- June 9, 2006-CDP Group ( www.CDPgroupLtd.com ), China's pioneer in outsourced payroll processing and related HR services, today announced the first closing of its Series B Preferred financing round led by Investor Growth Capital Asia Limited (IGCA), a wholly owned subsidiary of Investor AB ( www.investorab.com ). IGCA has committed to invest US$4.5 million as lead investor. The Series B funding allows CDP Group to expand its sales force, extend its range of services, and further support its customers and their employees throughout China.

"China's HR BPO market, particularly outsourced payroll processing, is at the ignition point of explosive growth," said Michael Ricks, CEO of Investor Growth Capital Asia Limited. "The founders bring to the table a rare combination of China HR and IT expertise, and the company has cemented some unique strategic partnerships that allow CDP Group to provide quality and reliable outsourced payroll processing and HR BPO services to large multinationals and local corporate customers in China."

"We at CDP Group are excited about IGCA's participation in our company," said Mr. Wayne Wang, founder and CEO of CDP Group. "IGCA occupies a unique vantage point, both as an experienced venture capital investor in China, and as a firm with close ties to a number of sizable, leading multinationals in China benefiting from outsourced payroll processing services. We look forward to working with IGCA and drawing upon its wealth of experience and strategic resources in building best-in-class companies."

CDP Group's services include HR Shared Service Centers, HR Business Process Outsourcing, and Technology Services. The company currently has over 20 corporate customers including large multinational companies operating in China such as SAP, Black & Decker, Ferro, IBM and Infosys, as well as major local enterprises such as China Telecom, Zhejiang Electric Power, and Jones.

Mr. Earl Yen, managing director of CSV Capital Partners, a Series A investor in CDP Group, said, "We have been pleased with the rapid progress made by CDP Group over the past two years and, with the new support of Investor AB, look forward to seeing the company reach new heights in its development. This financing will help CDP build upon its position as China's #1 HR BPO company."

About CDP Group
Founded in 2004, CDP Group is a business process outsourcing solutions company focused on lowering the total cost of operations for companies in China. CDP Group is China's leader in outsourced payroll processing and a pioneer in business process outsourcing. Current services include HR Total Solutions with HR Shared Service Center (SSC), HR Business Process Outsourcing (BPO) and Technology Services. CDP provides a world class platform for HR total solutions, which enables the highest-quality HR/Payroll/Benefits services to multinational companies and large local enterprises in China. For more information: www.CDPgroupLtd.com

About Investor Growth Capital
Investor Growth Capital Asia (IGCA) Limited is a wholly owned subsidiary of Investor AB that advises on several investment funds held by Investor AB or its subsidiaries. IGCA's primary focus is on technology venture capital investment in Greater China, South Korea and Japan utilizing an active ownership philosophy. Registered and headquartered in Hong Kong, IGCA is a part of Investor Growth Capital, a private equity investment arm of Investor AB that manages $1.8 billion in global assets. Investor AB has been making private and public investments and actively working with its portfolio companies to maximize their value for almost 100 years. Today, Investor AB is Sweden's largest industrial holding company and a substantial, long-term shareholder in a number of global public companies. These "Core Investments" are ABB, AstraZeneca, Atlas Copco, Electrolux, Ericsson, Gambro, OMX, Saab AB, Scania, SEB and WM-data. For more information, visit http://www.investorab.com

About CSV Capital Partners
CSV Capital Partners (www.csvcp.com) is a China-focused venture capital firm targeting investments in seed and early-stage technology, services and consumer-related companies in Greater China. CSV's partners combine extensive venture capital, operating and China market experiences to assist entrepreneurs in creating industry-leading companies. Headquartered in Shanghai and with partners in San Francisco and Tokyo, CSV offers access to high quality partners in Asia and the United States and an extensive network of resources to support its portfolio companies.

Suite 1906, Nanzheng Tower 580 W. NanJing Rd. Shanghai Tel: +86 52280850 Fax: +86 52280853 www.CDPgroupLtd.com