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 Benesse Corporation announced that it has repurchased its own shares, pursuant to Article 211-3-1-(2) of the Commercial Code of Japan.

Details of repurchase:
Period of repurchase: Between January 28, 2005 and February 7, 2005
Aggregate number of shares repurchased:150,000 shares
Aggregate repurchase amount: 547,534,000 yen
Method of repurchase: Shares were repurchased on the Osaka Securities Exchange


1.The following details were resolved at the Board of Directors meeting held on January 27 2005:
Type of shares: Common stock
Aggregate number of shares to be repurchased: Up to 160,000 shares
Aggregate repurchase amount: Up to 550 million yen

2.The number of treasury stock and aggregate repurchase amount as of January 31, 2005:
Treasury stock: 3,503,243 shares
Aggregate repurchase amount:8,477,498,369 yen