Purchase of Own Securities

Konami Corporation
17 January 2002


                         Report of Repurchase of Shares

     (This report is filed pursuant to Paragraph 1 of Article 24-6 of the 
                                 Stock Exchange Law)

                Reporting Period: Oct. 4, 2001 to Jan. 3, 2002



  Telephone number                   81 (0) 3-3578-0573
  Contact:                           Noriaki Yamaguchi
                                     Representative Director and CFO



       Places at Which Copies of Report are Made Available for Public

Name                                   Location

Tokyo Stock Exchange, Inc.             2-1, Nihonbashi-Kabutocho, Chuo-ku, Tokyo
Osaka Securities Exchange Co., Ltd     1-6-10, Kitahama, Chuo-ku, Osaka


Type of shares to be repurchased: Par value shares of common stock of KONAMI 
CORPORATION (the Company)

1.  Repurchase of shares to be granted the directors or employees

                                                          As of Jan. 3, 2002
                          Number of   Total amount of
                            shares      repurchased
                                           shares

Repurchase of shares         shares                Y   
resolved in Annual                                       
Shareholders' Meeting                                     
    (Resolved on)

Repurchase of shares 
during  reporting 
period

Aggregate number 
of shares repurchased 
at the end of 
Reporting period

Percentage of 
repurchased shares                 %                 %



2. Repurchase of shares for the purpose of cancellation etc. of the shares using
its profits, additional paid-in capital and revaluation excess

                                                          As of Jan. 3, 2002
                          Number of   Total amount of
                            shares      repurchased
                                           shares

Repurchase of shares         shares               Y   * Directors'
resolved in Annual                                      resolutions and
Shareholders' Meeting                                   repurchase of shares
    (Resolved on)                                       are pursuant to articles
                                                        of incorporation based  
Repurchase    Cancellation                              on Article 3 of the
of shares     etc. of the                               former 'Law on
resolved      shares using                              Special Exceptions to
in the        its profits   5,000,000   15,000,000,000  the Commercial Code
Meeting of    (Resolved                                 Concerning
the Board     on Oct. 4,                                Procedures for
of Directors  2001)                                     Cancellation of
                                                        Shares' and the partly
              Cancellation                              amended Commercial
              of the shares                             Code put in force on 1
              using                                     October 2001.
              additional                                Therefore, the
              paid-in                                   purpose of
              capital                                   repurchase of shares
              (Resolved on)                             is not limited to
                                                        only cancellation of
              Cancellation                              the shares using its
              of the                                    profits.
              shares
              using
              revaluation
              excess
              (Resolved on)

Repurchase of shares during  2,228,700   8,602,163,000
reporting period

Aggregate number of shares   2,228,700   8,602,163,000
repurchased at the end of
reporting period

Percentage of repurchased
shares                               %               %

                                44.57           57.35



3.  Cancellation etc. of repurchased shares
 
                                                                   As of Jan.3,
                                                                         2002   
                    Number of shares   Total amount of   Number of              
                     cancelled or     cancelled shares   shares held
                     granted
         
Shares repurchased            shares               Y        shares
to be granted the
directors and
employees

Shares repurchased
for cancellation                                         
etc. of shares                                           2,228,700
using its profits

Shares repurchased 
for cancellation 
of shares using
its additional
paid-in capital

Shares repurchased 
for cancellation
of shares using
revaluation excess


        Total                    -              -         2,228,700          -