Disposition of Common Shares of Resona Holdings

News Release

Date: December 18, 2008

1. Resona Holdings, Inc. (Resona HD) today submitted a request to the Deposit Insurance Corporation of Japan (DICJ) for disposition of part of Resona HD's common shares which were issued under the provisions of the Deposit Insurance Law (Item 1 measures of Paragraph 1, Article 102) and subscribed by the DICJ (i.e., a request for disposition to the third party designated by Resona HD).
2. Upon the aforementioned request, the DICJ applied for approval of disposition to the Commissioner of the Financial Services Agency as well as the Minister of Finance, and the application was duly approved today.
3. As approved, the DICJ disposes of Resona HD's shares as follows:
Type of shares to be disposed: Common shares of Resona HD
     
Total number of shares to be disposed: 337,837 shares   
   
Method of disposition: Tokyo Stock Exchange ToSTNeT-2 transaction at a closing price of the preceding day (cross deal)
    
Sales price: ¥148,000 per share
   
Date of disposition: December 19, 2008
    
Purchaser: Credit Agricole S.A

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