May 15, 2015

To whom it may concern:

Company Name: Mizuho Financial Group, Inc. Representative: Yasuhiro Sato
President & CEO Head Office: 1-5-5 Otemachi
Chiyoda-ku, Tokyo
Code Number: 8411 (TSE 1st Sec.)

Announcement Regarding Redemption of "Non-dilutive" Preferred Securities

Mizuho Financial Group, Inc. (the "Company") hereby announces that the Company has decided to redeem in full preferred securities issued by its group's overseas special purpose subsidiaries as set forth below.

1. Summary overview of Preferred Securities to be redeemed

Issuer

Mizuho Capital

Investment (JPY) 4

Limited

Mizuho Capital

Investment (JPY) 5

Limited

Mizuho Capital

Investment (JPY) 5

Limited

Type of securities

Japanese Yen denominated Non-cumulative

Perpetual Preferred

Securities

Japanese Yen denominated Series B Non-cumulative Perpetual Preferred

Securities

Japanese Yen denominated Series C Non-cumulative Perpetual Preferred

Securities

Mandatory

redemption date

None

None

None

Optional redemption

Optionally redeemable on each dividend payment date falling in

or after June 2015

Optionally redeemable on each dividend payment date falling in

or after June 2015

Optionally redeemable on each dividend payment date falling in

or after June 2015

Dividends

Fixed dividend rate for the first 6 years and 6 months, and floating dividend rate on and after the dividend payment date falling in

June 2015

Fixed dividend rate for the first 5 years and 10 months, and floating dividend rate on and after the dividend payment date falling in

June 2015

Fixed dividend rate for the first 5 years and 9 months, and floating dividend rate on and after the dividend payment date falling in

June 2015

Total amount issued

355 billion Japanese Yen

72.5 billion Japanese

Yen

25 billion Japanese Yen

Issue date

December 29, 2008

August 31, 2009

September 29, 2009

Aggregate redemption amount

355 billion Japanese Yen

72.5 billion Japanese

Yen

25 billion Japanese Yen

2. Scheduled redemption date

June 30, 2015 (Tue)

This document is prepared in order to announce specific facts relating to the redemption of "non-dilutive" preferred securities and does not constitute an offer for sale or solicitation for investment or other similar activity in or outside of Japan.

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