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The Board of Directors of Benesse Corporation today resolved the dissolution of its subsidiary, Carry Com Co., Ltd., effective March 31, 2007. The principal business of Carry Com Co., Ltd. was the truck transport services and warehouse storage for the Benesse and Benesse Group. The decision was made to dissolve the company and integrate its operations into Benesse.

Final settlement date is to be early August, 2007.
The dissolution of Carry Com will have a negligible effect on operating performance.

[Outline of the Subsidiary]

Name: Carry Com Co., Ltd.
Address: 3-7-17, Minamigata, Okayama-shi, Okayama 700-0807, Japan
President: Ichiro Hagiwara
Principal Activities: Truck transport services and warehouse storage
Established: April 1, 1983
Capital: 10 million yen
Issued Shares: 200
Shareholders Equity: 203 million yen (as of December 31, 2006)
Total Assets: 228 million yen (as of December 31, 2006)
Account Settlement: March
Employees: 7 (as of December 31, 2006)
Major Clients: Benesse Corporation
Major Shareholders: Benesse Corporation (100%)
Major Bank: The Chugoku Bank Ltd.

[Financial Results]
[Net Sales]
Year ended March 31, 2004 3,093 million yen
Year ended March 31, 2005 3,318 million yen
Year ended March 31, 2006 3,271 million yen
[Ordinary Income]
Year ended March 31, 2004 161 million yen
Year ended March 31, 2005 164 million yen
Year ended March 31, 2006 154 million yen
[Net Income]
Year ended March 31, 2004 94 million yen
Year ended March 31, 2005 96 million yen
Year ended March 31, 2006 130 million yen