Konami : Notice of Non-continuation of Countermeasures to Large-Scale Acquisitions of KONAMI HOLDINGS CORPORATION Shares (Takeover Defense Measures) (PDF/60KB)

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FOR IMMEDIATE RELEASE

May 10, 2016

Company Name:	KONAMI HOLDINGS CORPORATION
Representative:	Takuya Kozuki, Representative Director, President
Code Number:	9766 First Section, Tokyo Stock Exchange
Contact:	Shusuke Sasaki, General Manager, General Affairs Department (TEL: +81-3-5770-0573)

Notice of Non-continuation of Countermeasures to Large-Scale Acquisitions of KONAMI HOLDINGS CORPORATION Shares (Takeover Defense Measures)

KONAMI HOLDINGS CORPORATION (the "Company") has adopted Countermeasures Against Large-Scale Acquisitions of the Company's shares (takeover defense measures) based on the resolution at the 35th Ordinary General Meeting of Shareholders held on June 28, 2007. Subsequently, at the 38th Ordinary General Meeting of Shareholders held on June 29, 2010 and the 41st Ordinary General Meeting of Shareholders held on June 27, 2013, the measures were partially revised (the current revised version will hereinafter be referred to as the "Plan") and continued upon approval of the shareholders.

The Plan is effective until the conclusion of the 44th Ordinary General Meeting of Shareholders, which is scheduled for June 24, 2016 (hereinafter referred to as the "Shareholders Meeting"). The Company decided at its board of directors meeting held today that it will not continue the Plan after the expiration of the effective period. The Company thus announces as follows.

The Company has adopted and continued the Plan to secure and enhance the corporate value of the Company and the common interests of the shareholders.

However, taking into account that regulatory development concerning large-scale share acquisitions under the Financia l Instruments and Exchange Act has gained traction, that the purpose of the Plan of securing the information and time necessary for the shareholders and the board of directors of the Company to make an appropriate decision has been achieved to a certain extent, the Company believes that the significance to continue the Plan has relatively diminished and decided that it will not continue the Plan after the expiration of the effective period upon conclusion of the Shareholders Meeting .

In the event that any party attempts or proposes to make a large-scale acquisition of the Company's

shares even after the conclusion of the Plan's effective period, the Company will take appropriate measures in accordance with relevant laws and regulations, such as requesting necessary and sufficient information for the shareholders to appropriate ly judge whether such large-scale acquisition is justified, disclosing the opinion of the Company's board of directors, and securing a sufficient amount of time for consideration by the shareholders.