Mizuho Financial Group, Inc. hereby announces that it's wholly - owned subsidiary, Mizuho Trust & Banking Co., Ltd. has decided to liquidate its subsidiaries, Hope & Flower Holdings LLC and Hope & Flower LLC, as follows.
1. The Subsidiaries to be Liquidated
(1) Hope & Flower Holdings LLC
| Location | 700 South Flower Street, Suite 1216, Los Angeles, CA, U.S.A |
| Representative | Kazuo Ohashi |
| Paid-in Capital | USD 126,928 thousand |
| Major Shareholders | 100% owned by Mizuho Trust & Banking Co., Ltd. |
| Line of Business | Special Purpose Company for collection of claims (Holding Company of Hope & Flower LLC) |
(2) Hope & Flower LLC
| Location | 700 South Flower Street, Suite 1216, Los Angeles, CA, U.S.A |
| Representative | Kazuo Ohashi |
| Paid-in Capital | USD 126,928 thousand |
| Major Shareholders | 100% owned by Hope & Flower Holdings LLC |
| Line of Business | Holding and Management of Real Property |
2. Reason for Liquidation
Hope & Flower Holdings LLC and Hope & Flower LLC are to be liquidated as a result of disposing real property owned by Hope & Flower LLC.
3. Scheduled Date of Liquidation
| November 2004 | Hope & Flower LLC |
| December 2004 | Hope & Flower Holdings LLC |
4. Effect on our Earnings Estimates
There is no change on our previously announced Earnings Estimates for the current fiscal year (consolidated / non-consolidated).