Solera Holdings Prices and Increases Amount of Senior Notes Private Offering to $450M

Solera Holdings SLH announced today that its indirect wholly-owned subsidiary Audatex North America, Inc. ("Audatex") has priced and increased the amount of a private offering to $450 million aggregate principal amount of senior notes due 2018 ("Notes"). Solera anticipates that the closing of the offering will take place on or about June 14, 2011, subject to customary closing conditions. The Notes will bear interest semiannually at a rate equal to 6.75% and will be guaranteed by Solera and all of Solera's domestic subsidiaries (other than Audatex and an immaterial domestic subsidiary). Audatex intends to use the proceeds from the offering, together with cash on hand (i) to finance the acquisition of Explore Information Services, LLC by Claims Services Group, Inc., a wholly-owned subsidiary of Audatex, (ii) to pay related fees and expenses and (iii) for general corporate purposes. The Notes and related guarantees have not been registered under the Securities Act of 1933, as amended ("Securities Act"), or the securities laws of any other jurisdiction, and may not be offered or sold in the United States or to U.S. persons absent registration or an applicable exemption from the registration requirements. This offering will be made only to qualified institutional buyers in accordance with Rule 144A under the Securities Act and to non-U.S. persons in accordance with Regulation S under the Securities Act.