Interim Results - Part 3

Konami Corporation
28 November 2002


FOR IMMEDIATE RELEASE


                                                              November 28, 2002



                                                              KONAMI CORPORATION
                                        2-4-1 Marunouchi Chiyoda-ku Tokyo, Japan
                                                                 Kagemasa Kozuki
                                                 Representative Director and CEO
                                                             Ticker 9766 at TSE1
                                                      Contact: Noriaki Yamaguchi
                                                 Representative Director and CFO
                                                            Tel: [phone]




       Revised Forecast of Dividend for the Year Ending March 31, 2003


Konami Corporation's Board of Directors decided on November 28, 2002, to revise
the forecast of interim and year-end dividends per share for the year ending
March 31, 2003 as described below.





1.       Reasons for the Revision

Forecast of interim and year-end dividends per share for the year ending March
31, 2003 announced on May 9, 2002 has been revised based on our shareholder-
oriented policy as equivalent to those of the previous fiscal year.




2.       Revised Forecast of the Dividend


                                                                           (yen)

                                                   Interim     Year end   Annual
Previous Forecast Announced on May 9, 2002            Y9.0         Y9.0    Y18.0
Revised Forecast                                      19.0         35.0     54.0






3.       Reference




                                                                           (yen)
                                                   Interim     Year end   Annual
Dividends Paid for Previous Fiscal Year              Y27.0        Y27.0    Y54.0





                     
Cautionary Statement with Respect to Forward-Looking Statements:

Statements made in this press release with respect to Konami's current plans,
estimates, strategies and beliefs, including the above forecasts, are forward-
looking statements about the future performance of Konami. These statements are
based on management's assumptions and beliefs in light of information currently
available to it and, therefore, you should not place undue reliance on them. A
number of important factors could cause actual results to be materially
different from and worse than those discussed in forward-looking statements.
Such factors include, but are not limited to: (i) changes in economic conditions
affecting our operations; (ii) fluctuations in currency exchange rates,
particularly with respect to the value of the Japanese yen, the U.S. dollar and
the Euro; (iii) our ability to continue to win acceptance of our products, which
are offered in highly competitive markets characterized by the continuous
introduction of new products, rapid developments in technology and subjective
and changing consumer preferences; (iv) our ability to successfully expand
internationally with a focus on our video game software business, card game
business and gaming machine business; (v) our ability to successfully expand the
scope of our business and broaden our customer base through our health and
fitness business; (vi) regulatory developments and changes and our ability to
respond and adapt to those changes; (vii) our expectations with regard to
further acquisitions and the integration of any companies we may acquire; and
(viii) the outcome of contingencies.






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