Press Releases

Determination of Initial Conversion Ratio of Third Series Class III Preferred Shares

July 7, 2005

Mizuho Financial Group, Inc. ("MHFG") hereby announces that the initial conversion ratio for Third Series Class III 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, 2005

(Reference) Third Series Class III Preferred Shares

Outstanding number (As of July 7, 2005) 100,000 shares
Issue price per share 2,000,000 yen
Total issue price 200,000,000,000 yen

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

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