Announcement from Shinsei Bank

Shinsei Bank, Limited

Branch Information

Tokyo (Monday, January 28, 2008) - Please be informed that Shinsei Bank will merge, reorganize or relocate some of its branches and annexes. We apologize for any inconvenience this may cause you.

1. Kyobashi BankSpot Address: 7-19, Kyobashi 2-chome, Chuo-ku, Tokyo 104-0031
   Operations will terminate on Friday, February 29, 2008, however the ATM corner will continue
   to be available from Saturday, March 1, 2008.

2. Shinsaibashi Financial Center
Address: 5-18, Shinsaibashi-suji 1-chome, Chuo-ku, Osaka-shi, Osaka 542-0085
   Operations will terminate on Monday, March 31, 2008, however the BankSpot will remain
   open from Tuesday, April 1, 2008.  The BankSpot will cease operation as of Wednesday,
   April 30, 2008, and will be incorporated into the Namba Financial Center.

3. Hachioji Financial Center Address: 10-3, Asahi-cho, Hachioji-shi, Tokyo 192-0083
   Hachioji Financial Center will close the current branch location as of Friday, May 2, 2008.
   It is scheduled to re-open on Wednesday, May 7, 2008, at a new location.
   New address: 26-9, Myojin-cho 2-chome, Hachioji-shi, Tokyo 192-0046

   Following the relocation, the business hours of the Hachioji Financial Center will run from
   11 a.m. to 7 p.m. on weekdays, revised from 9 a.m. to 7 p.m. on weekdays.


                                                                                                                                    Shinsei Bank