Change of Main Shareholders

Konami Corporation
06 April 2005


FOR IMMEDIATE RELEASE


                                                                   April 4, 2005

                                                              KONAMI CORPORATION
                                      2-4-1 Marunouchi, Chiyoda-ku, Tokyo, Japan
                                                                 Kagemasa Kozuki
                                                 Representative Director and CEO
                                                 Stock code number: 9766 at TSE1

                                                      Contact: Noriaki Yamaguchi
                            Executive Vice President and Chief Financial Officer

                                                            Tel: [phone]

                            Announcement of Konami Corporation

                          on Change of the Principal Shareholders


KONAMI CORPORATION 'Konami' announces that its principal shareholders have
changed as stated below on March 29, 2005.


1. Reason for the Change of Principal Shareholders

Kozuki Foundation for Sports and Education took over Konami's shares owned by
Kozuki Foundation for Higher Education and Kozuki Foundation for Advanced
Information Technology without compensation.


2. Details of the Shareholder

a.       Name: Kozuki Foundation for Sports and Education (Kozuki Foundation for
         Sports and Athletes has changed its name on March 25, 2005)

b.       Address: 1-2-7 Kitaaoyama Minato-ku, Tokyo

c.       Representative: Kagemasa Kozuki, Chairman

d.       Main Activity: Supporting, Fostering and Admiring for Promotion of
         Sports, Education and Culture


3. Number of Shares owned by the Shareholder (Number of the Shareholder's Voting Rights) and
   Ratio of Number of Voting Rights to Total Number of Shares


                                      Number of Voting     Ratio of Number of         Ranking
                                     Rights (Number of        Voting Rights
                                       Shares Owned)

Before Change                                      42,450                 3.55%                 8th

(As of January 4, 2005)                       (4,245,000)

After Change                                      133,924                11.21%                 2nd

                                             (13,392,400)


*Number of Shares without Voting Rights (Number of Shares deducted from Total
Number of Shares Issued): 9,332,466

*Number of Shares Issued as of March 29, 2005: 128,737,566 shares


(Reference) Change of the Related Principal Shareholders

                                       After Change                           Before Change

                           Number of Voting  Ratio of   Ranking   Number of Voting   Ratio of    Ranking
                                Rights       Number of                 Rights        Number of
                                              Voting                                 Voting
                          (Number of Shares   Rights              (Number of Shares  Rights
                                owned)                                 Owned)
                                                (%)                                     (%)

Kozuki Foundation for                133,924    11.21%    2nd                 42,450     3.55%    8th
Sports and Education     (13,392,400 shares)                      (4,245,000 shares)
(Former Kozuki Foundation   
for Sports and Athletes)

Kozuki Foundation for                      0     0.00%     -                  32,396     2.71%    9th
Higher Education                                                   (3,239,656shares)

Kozuki Foundation for                      0     0.00%     -                  59,078     4.94%    6th
Advanced Information                                              (5,907,800 shares)
Technology

          Total                      133,924    11.21%                       133,924    11.21%
                         (13,392,400 shares)                     (13,392,456 shares)
                                                         

Effects results of the change

The principal shareholder's change will not have any effect on our future
operating results.

                      This information is provided by RNS
            The company news service from the London Stock Exchange