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Announcement regarding the Purchase of Shares of Credit Saison

December 27th, 2007

Mizuho Financial Group, Inc. (“MHFG”) hereby announces that the Board of Directors of Mizuho Bank, Ltd. (President and CEO: Seiji Sugiyama), a consolidated subsidiary of MHFG, at a meeting held on December 25, 2007, has resolved to purchase shares of Credit Saison Co., Ltd.

(“Credit Saison”) (President and CEO: Hiroshi Rinno) through a direct purchase from seller. The details of this share purchase are as described below.

1. Purpose of the share purchase

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