Announcement Regarding Redemption of "Non–dilutive" Preferred Securities

May 15, 2012

Mizuho Financial Group, Inc. ("MHFG") hereby announces that its board of directors has resolved today to redeem in full preferred securities issued by its group's overseas special purpose subsidiary as set forth below.


1. Summary overview of Preferred Securities to be redeemed


IssuerMizuho Preferred Capital (Cayman) 1 Limited
Type of securitiesNon–cumulative Perpetual Preferred Securities
Mandatory redemption dateNone
Optional redemptionSeries A
Optionally redeemable on each dividend payment date falling in or after June 2012
DividendsFloating dividend rate
Total amount issuedSeries A
171 billion Japanese Yen
Issue dateFebruary 14, 2002
Aggregate redemption amountSeries A
171 billion Japanese Yen


2. Scheduled redemption date


June 29, 2012 (Fri)


This document is prepared in order to announce specific facts relating to the redemption of "non–dilutive" preferred securities and does not constitute an offer for sale or solicitation for investment or other similar activity in or outside of Japan.


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