Institutional Shareholder Services Inc (ISS), the world’s leading provider of corporate governance solutions for asset managers, announced today that shareholders of Jiayuan.com International (Nasdaq: DATE) should vote against the proposed buyout transaction because the acquirer’s bid 7.56 is too low. “As the company’s own projections, the forward-looking valuations from its financial advisor, and the evidence of the bidding process itself strongly suggest that the company’s standalone prospects may be significantly stronger than the buyout offer at hand, a vote AGAINST the transaction is warranted,” ISS stated (see note attached). On page 3 of its recommendation note, ISS cited the valuation analysis submitted by Heng Ren Investments during the buyout process, which values Jiayuan.com at $11.74/ADS, or share. ISS also cited as a “red flag” the discounted cash flow (DCF) valuation of the financial advisor, Barclays, whose analysis valued Jiayuan.com at $ 9.35-$11.71 per share. A shareholders vote on the transaction is scheduled for December 29 in Hong Kong. “There is solid reason to believe the DCF valuation provided by the financial advisor is appropriately conservative, meaning the discrepancy between the DCF valuation and the agreed merger consideration should give shareholders significant pause,” ISS stated. ISS is the world’s leading provider of corporate governance and socially responsible investment (SRI) solutions for asset owners, asset managers, hedge funds, and asset service providers. ISS’ research team provides comprehensive proxy analyses and complete vote recommendations for more than 34,000 meetings annually in over 115 markets worldwide. With a team of more than 165 analysts and 100 data professionals, ISS covers every holding within a client’s portfolio in both developed and emerging markets. ISS analysts are located in financial centers worldwide, including Brussels, London, Manila, Paris, San Francisco, Sydney, Singapore, Tokyo, Toronto, and Rockville, Maryland