Mizuho Financial Group, Inc.("MHFG") has decided to create a trust for the purpose of selling a part of our Mizuho Trust & Banking Co., Ltd. ("MHTB") stockholdings.
1. Reason for Creating Trust
MHFG will gradually sell a portion of our MHTB stockholdings in the light of the change of delisting standard by Tokyo Stock Exchange, Inc.
2. Summary of Trust Agreement
| (1) Number of selling stocks (Trust Assets) | 250,000,000 MHTB common stocks (Percentage of total outstanding MHTB common stocks: 4.98%) |
| (2) Term of Trust Agreement | From May 23, 2005 to March 31, 2006 |
| (3) Settlor and Beneficiary | Mizuho Financial Group, Inc. |
| (4) Trustee | Trust and Custody Services Bank, Ltd. |
(Reference) MHTB common stocks as of March 31, 2005
| Number of shares issued | 5,024,755,829 |
| Number of MHFG holding shares | 3,750,391,652 (74.64%) |
This document is prepared in order to announce specific facts relating to MHFG's creating trust for selling securities and does not constitute an offer for sale or a solicitation for investment or other similar activity, in and outside of Japan.