Purchase of Own Securities

Konami Corporation
9 May 2002


               Announcement of Acquisition of Treasury Stocks
 Acquisition of treasury stocks pursuant to Article 210 of the Commercial Code

KONAMI CORPORATION (the Company) announces that, at the meeting of Board of
Directors held on May 9, 2002, it has decided to make proposal of acquisition of
treasury stocks pursuant to Article 210 of the Commercial Code to the
shareholders at 30th general shareholders' meeting to be held on June 20, 2002.

1. Purpose of Acquisition of Treasury Stocks

   The Company will acquire the treasury stocks pursuant to Article 210 of the 
   Commercial Code to adopt timely and flexible business strategy in response 
   to changes in business environment.


2. Details of Acquisition of Treasury Stocks

   a. Type of shares to be acquired: Common stock of the Company 
   b. Number of shares to be acquired: 9 million shares (maximum)
        Note: up to 6.99 percent of the total number of shares issued 
   c. Total cost of shares to be acquired: 26 billion yen (maximum)


Note:
Above items are conditional to the approval of the proposal 'Acquisition of 
Treasury Stock,' at the general shareholders' meeting to be held on June 20, 
2002.



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