Press Releases

Determination of Initial Conversion Ratio of Second Series Class II Preferred Shares

July 8, 2004

Mizuho Financial Group, Inc. ("MHFG") hereby announces that the initial conversion ratio for Second Series Class II Preferred Shares issued by MHFG has been determined as follows, according to the terms and conditions of the Preferred Shares.

  1. Initial Conversion Ratio : 3.060
  2. Effective date : August 1, 2004

(Reference) Second Series Class II Preferred Shares

Outstanding number
(As of July 8, 2004)
100,000 shares
Issue price per share JPY 2,000,000
Total issue price JPY 200,000,000,000

This document entitled "Determination of Initial Conversion Ratio of Second Series Class II Preferred Shares" is prepared in order to announce facts relating to MHFG's Second Series Class II Preferred Shares and does not constitute a solicitation of investments or any similar act, in or outside of Japan.

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