SBI HOLDINGS, INC. 
By Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of
the contents of this announcement.
SBI HOLDINGS, INC. (Incorporated in Japan with limited liability) (Stock code: 6488) OVERSEAS REGULATORY ANNOUNCEMENT
This announcement is made pursuant to Rule 13.09(2) of the
Rules Governing the Listing of Securities on The Stock
Exchange of Hong Kong Limited.
Please refer to the attached copy of the Announcement.
On behalf of the Board SBI Holdings, Inc. Yoshitaka Kitao
Chief Executive Officer
March, 8 January 2012
As of the date of this announcement, the executive Directors are Mr Yoshitaka Kitao, Mr Taro Izuchi, Mr Takashi Nakagawa, Mr Kenji Hirai, Mr Tomoya Asakura, Mr Takashi Okita, Mr Noriaki Maruyama, Mr Shumpei Morita, Mr Shinji Yamauchi, Mr Makoto Miyazaki, Mr Yoshimi Takahashi, and Mr Masaki Takayanagi, the non-executive Directors are Mr Yasutaro Sawada, Mr Hiroyoshi Kido, Mr Noriyoshi Kimura and Mr Hiroshi Tasaka and the independent non-executive Directors are Mr Masaki Yoshida, Mr Kiyoshi Nagano, Mr Keiji Watanabe, Mr Takeshi Natsuno and Mr Akihiro Tamaki.
March 8, 2012
SBI Holdings, Inc. (TOKYO: 8473 / Hong Kong: 6488)
~To the first listing on KOSPI of KRX as Japan-based company~
SBI Mortgage Co., Ltd. (head office: Minato-ku, Tokyo;
Representative Director & COO: Noriaki Maruyama; hereinafter
"The Company"), a subsidiary of SBI Holdings, Inc. (head
office: Minato-ku, Tokyo; Representative Director & CEO:
Yoshitaka Kitao), has been preparing for the listing on KOSPI
Market of Korea Exchange ("KOSPI") of Korea depositary
receipts (KDR *1) representing the Company's
common shares.
The Company announced today that its securities registration
statement*3 was disclosed on the website of
the
DART (http://www.hkex.com.hk/eng/index.htm) *2,
an electronic disclosure system for investors. Please note
that no detailed issue price for the proposed listing has
been fixed at this stage, and it should be disclosed when it
is confirmed.
The Company has been providing long-term fixed-rate housing
loans at the lowest interest rates in the industry since the
beginning of its operations in May 2001 as Japan's first
mortgage bank*4. Through both its Internet and
face-to-face channels reaching 119 shops (as of January 31,
2012), SBI Mortgage has continued to increase its loan
balance, which topped 1 trillion yen in August 2011. SBI
Mortgage's market share of its mainstay "Flat35", a product
offered in collaboration with the Japan Housing Finance
Agency, is largest*5 among 336 financial
institutions that provide the product.
Corporate Name: SBI Mortgage Co., Ltd.
Representative: Representative Director & COO Noriaki
Maruyama Address: Izumi Garden Tower, 1-6-1, Roppongi,
Minato-ku, Tokyo Establishment: June 2000
Principal Business: Provision and agency of mortgage loans
and insurance agency
Number of Employees: 266 (as of December 31, 2011) Capital:
JPY 3,603,250,000
Total number of issued shares: 19,942,000 shares
Class of securities Depositary receipts representing the
company's common shares (1KDR represents 1 common share)
Number of KDRs 7,123,000 KDRs
Including 3,799,000 KDRs representing shares for public
offering and 3,324,000 KDRs representing shares for sale
Determination of the offering pricing
The issue price (offering price) for the KDRs will be
determined by a book building process in the equivalent
manner to that specified by article 5 of "regulations
concerning
the underwriting of securities" in Republic of Korea.
Method of offering The KDRs will be issued by Korea
Securities Depository (KSD) to which the Company's common
shares are deposited. The KDRs will be underwritten based
upon the contract of underwriting and offering the total
amount of shares, concluded on
March 7, 2012 between the Company and Hana Daetoo Securities
(CEO
