MasterCard says Asia/Pacific is its fastest growing region in terms of merchant acceptance. MasterCard now has 16.5 million merchant locations in Asia/Pacific, a 54% increase over 2001. Globally, MasterCard acceptance is up nearly 27% to 30 million locations, according to The RAM Report ([www.ramreport.com]). Meanwhile, gross dollar volume in the Asia/Pacific region rose 10.6% last year, to nearly US$223.2 billion. In the fourth quarter, Asia/Pacific GDV was up 5.2% to US$57.4 billion. The number of cards issued in the region rose 11.0% to 112.5 million. MasterCard has 102.4 million card accounts in Asia/Pacific. By country, GDV was up 23% in Korea, up 15% in Australia, and up 10% in Japan. With over 188.5 million Maestro cards, Asia/Pacific was the second largest Maestro region at EOY 2002. The number of Maestro cards in the region rose 32.6% over year-end 2001.