IR NewsNews

Announcement Regarding Repurchase of Shares

Benesse Holdings, Inc.

Release Date : 2007/06/21

Benesse Corporation announced that its Board of Directors today resolved to repurchase its own shares, pursuant to Article 459-1-1 of the Company Law.

1. Reasons for share repurchase
To pursue financial efficiency by facilitating the effective execution of its financial policies.

2. Details of repurchase
-Type of shares: Common stock
-Number of shares:
Up to 1,000,000 shares (0.9% of currently issued common stock)
-Total purchase price:
Up to 3,700 million yen
-Period of repurchase:
From June 26 to July 19, 2007

Treasury stock held by the Company as of May 31, 2007
Total number of shares issued (excluding treasury stock): 102,713,704 shares
Treasury stock: 3,639,749 shares