Mizuho Financial Group, Inc. hereby announces that its wholly-owned subsidiary, Mizuho Corporate Bank, Ltd. ("MHCB"), has decided to dissolve its subsidiaries, K.G. Tochi Tatemono Co. Ltd., and Hanshin Seiwa Tochi Co. Ltd., as follows.
1. Outline of the subsidiaries to be dissolved and the scheduled date of dissolution
(1)
| Corporate Name | K.G. Tochi Tatemono Co. Ltd. |
| Location | 1-2-16Yaesu, Chuo-ku, Tokyo, Japan |
| Representative | Satoshi Saito |
| Business | Possession and Management of Real Property |
| Date of Establishment | November 1968 |
| Paid-in Capital | JPY 100 million |
| Number of Stocks Issued | 200,000 |
| Total Assets (As of January 2004) | JPY 9,311 million |
| Number of Employees | 1 |
| Shareholder | Mizuho Corporate, Ltd. (100% Subsidiary of MHCB): 100% |
| Performance (Fiscal Year Ended January 2004) | Ordinary Profits: JPY 366million Net Loss: JPY 2,598 million |
| Scheduled Date of Dissolution | March 2005 |
(2)
| Corporate Name | Hanshin Seiwa Tochi Co. Ltd |
| Location | 1-2-16Yaesu, Chuo-ku, Tokyo, Japan |
| Representative | Satoshi Saito |
| Business | Possession and Management of Real Property |
| Date of Establishment | March 1968 |
| Paid-in Capital | JPY 100 million |
| Number of Stocks Issued | 200,000 |
| Total Assets (As of December 2003) | JPY 10,608 million |
| Number of Employees | 1 |
| Shareholder | Mizuho Corporate, Ltd. (100% Subsidiary of MHCB): 100% |
| Performance (Fiscal Year Ended December 2003) | Ordinary Profits: JPY 532million Net Loss: JPY 13,609 million |
| Scheduled Date of Dissolution | March 2005 |
2. Reason for Dissolution
The companies are being dissolved as a result of the completion of the sale of their real estate property.
3. This decision will have no material effect on the profit and loss for this fiscal year of Mizuho Financial Group, Inc. (consolidated or non-consolidated).