Stock option

Konami Corporation
16 October 2002


FOR IMMEDIATE RELEASE


                                                              October 16, 2002


Name of listed company:    Konami Corporation

Location of head office:   4-1, Marunouchi 2-chome, Chiyoda-ku, Tokyo

Representative Director:   Kagemasa Kozuki

Code Number:               9766

Contact:                   Toshiro Tateno
                           Director and Executive Corporate Officer
                           Corporate Planning Division

Telephone Number:          81(03)5220-0374




 Notice on the Amount to be Paid, Etc., of Stock Option (Stock Acquisition Rights)


Please be informed that the amount to be paid upon exercise of the stock option
acquisition rights, etc., concerning the issuance of stock option (stock
acquisition rights) resolved in the meeting of the Board of Directors of the
Company held on October 8, 2002, have been determined today.


                                               Note


1.   Issue date of the stock               October 16, 2002
     acquisition rights

2.   Amount to be paid upon exercise       364,000 yen (3,640 yen per share)
     of the stock acquisition rights

3.   Aggregate amount of shares to be      6,507,956,000 yen
     issued or transferred through the
     exercise of the stock acquisition
     rights

4.   Amount which will not be              1,820 yen per share
     capitalized by the issuance of
     new shares through the exercise
     of the stock acquisition rights


                                       -End-




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