Mizuho Financial Group, Inc. (the "Company") hereby announces that the Company has decided to redeem in full preferred securities issued by its group's overseas special purpose subsidiaries as set forth below.
1.Summary overview of Preferred Securities to be redeemed
| Issuer | Mizuho Capital Investment (USD) 1 Limited | Mizuho Capital Investment (JPY) 1 Limited |
| Type of securities | U.S. Dollar–denominated Non–cumulative Perpetual Preferred Securities | Japanese Yen denominated Non–cumulative Perpetual Preferred Securities |
| Mandatory redemption date | None | None |
| Optional redemption | Optionally redeemable on the dividend payment date falling in June 2016 and on each dividend payment date falling at five–year intervals thereafter | Optionally redeemable on the dividend payment date falling in June 2016 and on each dividend payment date falling at five–year intervals thereafter |
| Dividends | Fixed dividend rate for the first 10 years and 3 months, and floating dividend rate on and after the dividend payment date falling in June 2016 | Fixed dividend rate for the first 9 years and 5 months, and floating dividend rate on and after the dividend payment date falling in June 2016 |
| Total amount issued | USD 600 million | 400 billion Japanese Yen |
| Issue date | March 13, 2006 | January 12, 2007 |
| Aggregate redemption amount | USD 600 million | 400 billion Japanese Yen |
2.Scheduled redemption date
June 30, 2016 (Thu)
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.