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August 16, 2005
eAccess Ltd.
(Code Number: 9427)

eAccess to increase eMobile shareholders' equity by 30 billion yen

eMobile Ltd. (Headquarter: Minato-ku, Tokyo; Representative Director, Chairman & CEO Sachio Semmoto), a wholly-owned subsidiary of eAccess Ltd., announced the completion of an increase of its shareholders' equity capital from eAccess, dated on August 16, 2005.

1. Purpose of the transaction
eMobile Ltd. has commenced the preparation and the planning of the next generation mobile broadband services since January 2005. Ahead of the application of a new mobile license in the 1.7GHz band to the Ministry of Internal Affairs and Communications' license, eAccess has increased the shareholders' equity by 30 billion yen to strengthen the financial of its subsidiary.
2.Details of the transaction
(1) Number of shares issuedCommon shares 601,000 shares
(Number of shares issued to eAccess Ltd.:600,000)
(2)Total number of shares after Common shares 607,000 shares
the issuance
(3)Per share amount50,000 yen
(4) Payment dateAugust 16, 2005
3.Details of eMobile Ltd.(As of August 16, 2005)
(1)NameeMobile Ltd.
(2)Business focusMobile broadband business
(3)Date of establishmentJanuary 5, 2005
(4)LocationShin-Nikko Bldg. 10-1, Toranomon 2-chome, Minato-ku Tokyo
(5)RepresentativeRepresentative Director Sachio Semmoto
(6)Capital shares and 30.35 billion yen (Capital shares:15.325 billion yen) Capital reserve
(7) Shareholding structure eAccess Ltd. 99.8%


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