Establishment of the Asia Corporate Banking Division

March 24, 2005

Mizuho Corporate Bank, Ltd. ("MHCB" ; President & CEO: Hiroshi Saito) will establish the Asia Corporate Banking Division. Details are as follows:

1. Objective The Asia Corporate Banking Division will be established to strengthen MHCB's business promotion capabilities for financial products and services (syndicated finance, asset backed finance, trade finance, settlement, etc.) in Asia, which has demonstrated strong and stable economic growth in recent years.
2. Locations Singapore and Hong Kong
3. Date May 6, 2005
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