Treasury Stock

Konami Corporation
29 September 2004


FOR IMMEDIATE RELEASE



                                                                                                     September 29, 2004



                                                                                                     KONAMI CORPORATION

                                                                             2-4-1 Marunouchi, Chiyoda-ku, Tokyo, Japan

                                                                                                        Kagemasa Kozuki

                                                                                        Representative Director and CEO

                                                                                        Stock code number: 9766 at TSE1

                                                                                             Contact: Noriaki Yamaguchi

                                                                   Executive Vice President and Chief Financial Officer

                                                                                                   Tel: [phone]




                                          Announcement on Completion

                                       of Acquisition of Treasury Stock





KONAMI CORPORATION hereby announces that the acquisition of treasury stock, as resolved in the meeting of Board of
Directors held on June 24, 2004 pursuant to Article 211-3-1-2 of the Commercial Code of Japan, was completed.


1.         Acquisition period:            September 16, 2004 to September 29, 2004

2.         Number of shares acquired:     1,000,000 shares

3.         Total acquisition cost:             2,600,740,500 yen

4.         Acquisition method:         Acquisition on the Tokyo Stock Exchange




Acquisition of stock resolved in the meeting of Board of Directors held on June 24, 2004



Type of shares to be acquired:          Common stock of the Company

Number of shares to be acquired:     1,000,000 shares (maximum)

Total acquisition cost:              3 billion yen (maximum)

Acquisition period:                 June 25, 2004 to December 24, 2004




Status of holding treasury stock as of September 29, 2004



Total number of shares outstanding: 128,737,566 shares

Number of treasury stocks:         9,246,700 shares




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