Treasury Stock

Konami Corporation
08 August 2002


                                                                  August 8, 2002


NEWS RELEASE       KONAMI CORPORATION

             Announcement on Acquisition of Treasury Stocks


KONAMI CORPORATION hereby notifies that it has acquired treasury stocks pursuant
to the Article 210 of Commercial Code of Japan as follows:


1. Acquisition period:                     June 27, 2002 to July 31, 2002

2. Number of shares acquired:              1,459,900 shares

3. Total acquisition cost:                 3,641,236,000 yen

4. Acquisition method:                     Acquire on the Tokyo Stock Exchange


Reference:

Acquisition of treasury stocks resolved in the general shareholders meeting held
on June 20, 2002.


Type of shares to be acquired:             Common stock of Konami Corporation

Number of shares to be acquired:           9,000,000 shares  (maximum)

Total acquisition cost:                    26 billion yen  (maximum)


Aggregate number of treasury stocks acquired after the resolution as above.

Number of shares acquired:                 1,459,900 shares

Total acquisition cost:                    3,641,236,000 yen


Media contact:

Pubic Relations Group, Konami Corporation  http://www.konami.com/

4-3-1 Toranomon Minato-ku Tokyo, 105-6021 Japan

Tel: [phone], Fax: [phone], e-mail: [e-mail]


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