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 Benesse Corporation announced its repurchase of own shares of common stock by complying with article 210 of Japan's Commercial Code.

Details of repurchase;

Repurchased period :
From July 1st 2002 to July 25th 2002

No. of common stock repurchased :
500,000 shares

Amount :
1,122,734,000 yen

Repurchased method :
Through Osaka securities exchange


(Reference 1)
Decision of general shareholder's meeting which were held on June 25th

Type of stock:
Common Stock

No. of common stock repurchase:
up to 2,000,000 shares

Amount:
up to 6,000,000,000 yen


(Reference 2)
Aggregate amount of stock repurchased since June 25th 2002

Aggregate no. of common stock repurchased:
500,000 shares

Aggregate amount:
1,122,734,000 yen