Stock Split

Konami Co Ltd
8 February 2000

ANNOUNCEMENT OF STOCK SPLIT, KONAMI CO., LTD. ('Konami')

We announce that the following matters regarding stock split by way of a free
stock distribution have been resolved by the Board of Directors held on
February 8, 2000.

1. As of Friday, May 19, 2000, the common stock with par-value shall split at
the rate of 1 stock for each outstanding stock in the following manner.
(1) Number of stocks increased by the split
The stocks increased by the stock split shall be the common stocks with par
value. It is calculated by multiplying 1.0 on the total amount of the issued
stocks after the closing of the market on Friday, March 31, 2000. 

(2) Splitting method
The stockholders, who are recorded in the stockholders list closed on Friday,
March 31, 2000 and the actual stockholders list shall receive 1.0 stock for
each outstanding stock they own.

2. Initial Date of Reckoning
April 1, 2000

3. Above stock split is pursuant to the resolution of Konami's Balance Sheet,
Fiscal 2000 on the Board of Directors, which will be held in May, 2000.

4. Other issues in relation to this stock split is to be determined by the
forthcoming board meeting.

Notes:
1. The number of stocks increased by the stock split cannot be specified
expressly because new stocks may be issued in case that convertible bonds are
converted into stocks or the subscription right is executed between the date
of resolution by the Board of Directors and the date of reckoning. In other
words, the exact amount of the total issued stocks cannot be fixed until March
31, 2000.

The total numbers of the issued stocks after the stock split, assuming the
date of reckoning is January 31, 2000, are as follows:
 Total number of issued stocks as of Jan. 31, 2000      56,862,569 shares
 Number of stocks increased by stock split              56,862,569 shares
 Total number of issued stocks after stock split       113,725,138 shares

2. No capital increase occurs due to this stock split.