Change in Main Stockholder

Konami Corporation
22 December 2005


FOR IMMEDIATE RELEASE



                                                              December 22, 2005



                                                              KONAMI CORPORATION
                                      2-4-1 Marunouchi, Chiyoda-ku, Tokyo, Japan
                                                                  Kagemasa Kozuki
                                                 Representative Director and CEO
                                                 Stock code number: 9766 at TSE1
                                                          Contact: Naoyuki Notsu
                                      Division Director, Administration Division
                                                            Tel: [phone]


                           Announcement of Konami Corporation

                          on Change in its Main Shareholder


KONAMI CORPORATION 'Konami' hereby announces a change in its main shareholder 
as of December 21, 2005, as set forth below.


1. Reason for the Change in the Main Shareholder

Kozuki Foundation for Sports and Education purchased additional Konami shares
for investment purposes


2. Details of the Shareholder

a.       Name: Kozuki Foundation for Sports and Education

b.       Address: 1-2-7 Kitaaoyama Minato-ku, Tokyo

c.       Representative: Kagemasa Kozuki, Chairman

d.       Main Activity: Promotion and Development of Sports

Promotion and Development of Education and Culture


3. Number of Shares owned by the Shareholder (Number of the Shareholder's 
Voting Rights) and Ratio of Number of Voting Rights to Total Number of Shares


                                      Number of Voting     Ratio of Number of         Ranking
                                     Rights (Number of        Voting Rights
                                       Shares Owned)
Before Change                              135,294                10.42%                 2nd

(As of September 30, 2005)             (13,529,400)
After Change                               135,305                10.42%                 1st

                                       (13,530,500)


*Number of Shares without Voting Rights, deducted from Total Number of Shares 
 Issued: 9,700,308 shares

*Number of Shares Issued as of September 30, 2005: 139,531,708 shares






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