Repurchase of Shares

RNS Number : 8651H

Konami Holdings Corporation

03 December 2015

December 3, 2015

FOR IMMEDIATE RELEASE

KONAMI HOLDINGS CORPORATION

Takuya Kozuki, Representative Director, President

Shares listed: Tokyo and London Stock Exchanges

Contact: Junichi Motobayashi, General Manager, Finance and Accounting

Tel: +81-3-5771-0222

Notice on Repurchase of Shares

(Repurchase of Shares pursuant to Provisions of Articles of Incorporation
in accordance with Article 165, Paragraph 2 of the Companies Act)

KONAMI HOLDINGS CORPORATION (the "Company") hereby announces that its Board of Directors has resolved, at a Board of Directors' meeting held on December 3, 2015, that the Company will repurchase its own shares pursuant to the provision of Article 156 of the Companies Act, as applied pursuant to the provision of Article 165, Paragraph 3 thereof, as below.

1. Reason for the Share Repurchase

The Company has decided to repurchase its own shares in order to strengthen shareholder returns and carry on flexible capital policies as part of its efforts to improve capital efficiency and address changes in business environment.

2. Matters Relating to the Share Repurchase

(1)	Class of shares to be repurchased	Common stock
(2)	Total maximum number of shares to be repurchased	Up to 4,000,000 shares (2.89% of the total issued shares (excluding treasury shares))
(3)	Total maximum repurchase price of shares	Up to 10 billion yen
(4)	Repurchase period	From and including December 4, 2015 to and including March 31, 2016
(5)	Repurchase method	Market purchase in Tokyo Stock Exchange, Inc.

Note: The purchase order may not be implemented, in whole or in part, depending on market conditions and other factors.

(Reference)

1. The Company's Board of Directors resolved at the meeting held on December 3, 2015 to issue Zero Coupon Convertible Bonds with Stock Acquisition Rights due 2022 (tenkanshasaigata shinkabu yoyakuken-tsuki shasai). All of the net proceeds of the issuance of such bonds will be used for the repurchase of its own shares referred to above. In case such repurchase takes place prior to the payment date in respect of the Bonds with Stock Acquisition Rights, such amount will be applied to cash reserves which were used for this repurchase of shares.

2. Status of Treasury Shares as of October 31, 2015