Press Release

Waltham , Mass. – May 10, 2007 - Wolters Kluwer Financial Services, through its line of PCi compliance analytics solutions, announced today the availability of Flood Indicator functionality within its Flood Wiz® solution. Flood Wiz gives lenders access to the most up-to-date and accurate flood risk data, and can produce a flood determination within seconds. The indicator functionality, accessed via the Flood Wiz web site (www.floodwiz.com), enables lenders to begin the flood risk assessment process earlier in the lending cycle to better prepare borrowers for a potential flood insurance purchase.

Best utilized early in the loan process, particularly at the application stage, the indicator determines whether a property might require flood insurance by returning a simple Yes or No result. This notice affords the lender and borrower more time to research flood insurance if necessary, or to compile the proper information showing that insurance isn’t required. By conducting this check earlier in the loan process, lenders can decrease closing delays, which provides a better overall experience for both lenders and borrowers.

Prior to loan closing, federal regulations require that a full flood determination be ordered. To make this process more efficient for lenders, Flood Wiz stores the indicator results, eliminating the need to re-enter the address information. The indication can simply be upgraded to a determination request. Indicator results are available on approximately 85% of properties nationwide.

“The new Flood Indicator functionality within Flood Wiz improves the overall flood determination process for lenders and customers,” said Sean Depamphilis, senior vice president of PCi-Banking Analytics. “Lenders can minimize the risk of closing delays by alerting the borrowers to the potential need for flood insurance much earlier in the loan process. The entire process is quicker, which enables lenders to work more efficiently and respond to customers more rapidly, improving the overall customer service experience.”

About Wolters Kluwer Financial Services

Wolters Kluwer Financial Services provides best-in-class compliance, content, and technology solutions and services that help financial organizations manage risk and improve efficiency and effectiveness across their enterprise. The organization’s prominent brands include Bankers Systems, VMP® Mortgage Solutions, PCi, GulfPak, GainsKeeper®, CCH® Capital Changes, NILS INSource®, AuthenticWeb™ and CCH Wall Street.

Wolters Kluwer Financial Services’ solutions include integrated and stand-alone compliance and work flow tools, documentation, analytics, authoritative information, and professional services. Customers include banks, credit unions, mortgage lenders, and securities and insurance organizations of all sizes throughout the United States. For more information on Wolters Kluwer Financial Services, visit www.WoltersKluwerFS.com.

Wolters Kluwer is a leading global information services and publishing company. The company provides products and services for professionals in the health, tax, accounting, corporate, financial services, legal and regulatory, and education sectors. Wolters Kluwer has 2006 annual revenues of €3.7 billion, employs approximately 19,900 people worldwide and maintains operations across Europe, North America, and Asia Pacific. Wolters Kluwer is headquartered in Amsterdam, the Netherlands. Its shares are quoted on the Euronext Amsterdam (WKL) and are included in the AEX and Euronext 100 indices. For more information, visit www.wolterskluwer.com.