May 26, 2006 Notification regarding the revision of the conversion price We hereby provide notification of a revision in the conversion price, as follows. 1. Revision of the conversion price (Security) (New conversion price) (Current conversion price) TBK's first tranche of unsecured convertible bonds with embedded warrants \631.4 \732.1 2. Application date: After May 29, 2006 3. Reason for revision: To apply the revised provisions for the conversion price as provided for in this bond's contract terms. For more information: fqa@tbk-jp.com Copyright (c) 2005 TBK Co., Ltd. All Rights Reserved.