Company Information

CCC-Mitchell Mutually Agree to Terminate Merger

CHICAGO and SAN DIEGO, March 11, 2009—CCC Information Services Inc., of Chicago, and Mitchell International, Inc., of San Diego, announced today that they will no longer pursue the merger of the two companies.

"In light of the court's decision, we have jointly decided to terminate the merger. A year ago when we announced the transaction, our stated objective was to deliver greater innovation to our customers and partners. This theme has remained a constant and will continue to be at the forefront of our efforts," stated Githesh Ramamurthy, Chairman and CEO of CCC.

"Serving our customers has always been our primary focus. We have reached the point in the regulatory process in which our customers, employees and shareholders are best served by continuing as independent companies," stated Alex Sun, President and CEO of Mitchell International.

About Mitchell International, Inc. Mitchell International (www.mitchell.com) is a leading provider of information and workflow solutions to the Property & Casualty claims and Automotive Collision Repair industries. The company's comprehensive solution portfolio streamlines the entire auto physical damage, bodily injury and workers' compensation claims processes. Mitchell enables millions of electronic transactions between more than 30,000 business partners each month to enhance partner productivity, profitability, and customer satisfaction.

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