Annual General Meeting of Shareholders

The Seventh Term

Shinsei Bank held the 7th Annual General Meeting of Shareholders as follows. The following 3 agenda items were approved as proposed.

Date and Time	Wednesday, June 20, 2007 at 10:00 am
Place	Head Office, Shinsei Bank, Limited

Matters to be reported	Report on the Business Report, Consolidated Financial Statements and the Results of the Audit of the Consolidated Financial Statements by the Accounting Auditor and the Audit Committee for the Seventh Term (from April 1, 2006 to March 31, 2007). Report on the Financial Statements for the Seventh Term (from April 1, 2006 to March 31, 2007).
Matters to be voted on	Agenda No.1: Election of Fourteen(14) Directors Agenda No.2: Issuance of Stock Acquisition Rights as Stock Options to Directors, Officers and Employees of the Bank and its Subsidiaries Agenda No.3: Authorization of a Facility for the Purchase of Shinsei Bank Limited Shares (Class A Preferred Shares)