Tokai Bank Ld

Result of Meeting

Tokai Bank Ld
21 December 2000


                 THE SANWA BANK, LIMITED
                 NAME OF REPRESENTATIVE: KANEO MUROMACHI, PRESIDENT
                 (CODE NO.: 8320, THE FIRST SECTION OF THE TOKYO
                 STOCK EXCHANGE, THE FIRST SECTION OF THE OSAKA
                 SECURITIES EXCHANGE AND THE KYOTO STOCK EXCHANGE)

                 THE TOKAI BANK, LIMITED
                 NAME OF REPRESENTATIVE: HIDEO OGASAWARA, PRESIDENT
                 (CODE NO.: 8321, THE FIRST SECTION OF THE TOKYO
                 STOCK EXCHANGE, THE FIRST SECTION OF THE OSAKA
                 SECURITIES EXCHANGE AND THE NAGOYA STOCK EXCHANGE)

                 THE TOYO TRUST AND BANKING COMPANY, LIMITED
                 NAME OF REPRESENTATIVE: SHUNROKU YOKOSUKA, PRESIDENT
                 (CODE NO.: 8407, THE FIRST SECTION OF THE TOKYO
                 STOCK EXCHANGE AND THE FIRST SECTION OF THE OSAKA
                 SECURITIES EXCHANGE)


  NOTICE OF RESOLUTION OF GENERAL MEETINGS OF SHAREHOLDERS OF
       SANWA BANK, TOKAI BANK AND TOYO TRUST
   REGARDING ESTABLISHMENT OF WHOLLY OWING PARENT COMPANY
            BY WAY OF STOCK TRANSFER
  -----------------------------------------------------------

   NOTICE IS HEREBY GIVEN THAT JOINT ESTABLISHMENT OF THE WHOLLY
OWING PARENT COMPANY BY THE SANWA BANK, LIMITED, THE TOKAI BANK,
LIMITED AND THE TOYO TRUST AND BANKING COMPANY, LIMITED
(THE ''THREE BANKS'') BY WAY OF STOCK TRANSFER, AND PARTIAL AMENDMENT
TO THE ARTICLES OF INCORPORATION OF THE THREE BANKS WERE RESOLVED AT
THE RESPECTIVE GENERAL MEETINGS OF PREFERRED SHAREHOLDERS OF THE
THREE BANKS HELD ON DECEMBER 20 AND 21, 2000, AND THE RESPECTIVE
EXTRAORDINARY GENERAL MEETINGS OF SHAREHOLDERS OF THE THREE BANKS
HELD ON DECEMBER 21, 2000.  DETAILS ARE SHOWN ON THE FOLLOWING
PAGES.