March 16, 2011

Mizuho To Buy Brokerage and Trust Bank Units

Mizuho Financial Group, Inc (MHFG)., a listed mega financial group, announced that MHFG has determined the basic policies of turning Mizuho Trust Banking Co., Ltd., a listed trust unit of Mizuho Group., Mizuho Securities Co. Ltd., a listed securities unit of Mizuho Group, and Mizuho Invester Securities Co., Ltd., a listed retail-oriented securities unit of Mizuho Group and Mizuho Bank Ltd., a banking unit of Mizuho Group, into wholly-owned subsidiaries via a share exchange with MHFG. Those listed affiliates will be delisted between late August and early September.

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