(Press release on January 30, 2012) (English translation for reference purposes only)

ICHIYOSHI SECURITIES CO., LTD.

Listed on: Tokyo Stock Exchange (1st Section) and
Osaka Securities Exchange (1st Section) (Stock code: 8624) President & Chief Executive Officer: Mr. Masashi Takehi Enquiry to: Mr. Nobuaki Tsuji, Manager of Public Relations
Tel: 03-3555-6343

Opening of New Branches

As reported in its press release dated October 28, 2011, Ichiyoshi Securities Co., Ltd. (the "Company") is scheduled to merge with Ise Securities Co., Ltd. ("Ise") (headquartered at Ise City, Mie Prefecture) effective on February 6, 2012. Concurrently with the merger, Ichiyoshi will transform the headquarters and three sub-branches of Ise into four branches of Ichiyoshi effective as of the same day. After the opening of these new branches, the number of Ichiyoshi's offices, branches and sub-branches will become 47 in total.
Ichiyoshi will continue to operate locally-focused activities at each of its branches with its motto of becoming a "name-brand boutique house" in finance and securities.
The following are outlines of the new branches:
Name of branch: Ise Branch
Branch manager: Mr. Takehiko Murakami
Location: 2-25-11, Miyajiri, Ise City, Mie Prefecture
Tel: 0596-20-0561
Opening day: February 6, 2012 (Monday)
Name of branch: Obata Branch
Branch manager: Mr. Shinya Shimomura
Location: 517-2, Obata-cho Motomachi, Ise City, Mie Prefecture
Tel: 0596-20-1131
Opening day: February 6, 2012 (Monday)
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Name of branch: Shima Branch
Branch manager: Mr. Kozo Hiraga
Location: 2007-5, Ago-cho Ugata, Shima City, Mie Prefecture
Tel: 0599-44-0021
Opening day: February 6, 2012 (Monday)
Name of branch: Hisai Branch
Branch manager: Mr. Takahiko Deguchi
Location: 2517-1, Hisai Myojin-cho, Tsu City, Mie Prefecture
Tel: 059-254-5411
Opening day: February 6, 2012 (Monday)
(End)
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Opening of New Branches