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SBI HOLDINGS, INC. (Incorporated in Japan with limited liability) (Stock code: 6488) CESSATION OF EXECUTIVE DIRECTOR

SBI Holdings, Inc. (the "Company") announces that Mr. Taro Izuchi ceased to be an executive

Director of the Company with effect from 16 April 2014 due to demise.

Subsequent to the cessation of Mr. Izuchi as an executive Director, the number of member of the Board of Directors of the Company meets the requirements of the Japanese law and the Article of Incorporation of the Company.

On behalf of the Board

SBI Holdings, Inc. Yoshitaka Kitao

Representative Director, President & Chief Executive Officer

Japan, 24 April 2014

As of the date of this announcement, the executive Directors are Mr. Yoshitaka Kitao, Mr. Takashi Nakagawa, Mr. Tomoya Asakura, Mr. Shumpei Morita and Mr. Peilung Li, the non-executive Directors are Mr. Masato Takamura, Mr. Hiroshi Tasaka and Mr. Teruhide Sato and the independent non-executive Directors are Mr. Masaki Yoshida, Mr. Kiyoshi Nagano, Mr. Keiji Watanabe, Mr. Akihiro Tamaki and Mr. Masanao Marumono.

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