Notice: Business Restructuring of Group Companies

August 5, 2016

FOR IMMEDIATE RELEASE

Company Name: KONAMI HOLDINGS CORPORATION

Representative: Takuya Kozuki,

Representative Director, President

Stock Code: 9766, TSE First Section

Shares listed: Tokyo Stock Exchange and London Stock Exchange

Contact: Masami Saso,

General Manager,

Corporate Planning Department

(TEL: +81-3-5770-0573)

Notice of Business Restructuring of Group Companies andDebt Forgiveness for Consolidated Subsidiaries

KONAMI HOLDINGS CORPORATION (the "Company") resolved at its board of directors meeting held today that it will implement a business restructuring of group companies (company split in which consolidated subsidiaries are involved) with a planned effective date of November 1, 2016, and that prior to this restructuring, effective today, it will change the trade name and representative director of a relevant consolidated subsidiary and forgive the debts of the consolidated subsidiary. The Company thus announces the relevant resolution at its board of directors meeting held today.

To view the full announcement, please click the following URL.

http://www.rns-pdf.londonstockexchange.com/rns/3620G_-2016-8-5.pdf