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October 11, 2005
eAccess Ltd.
(Code Number: 9427)

eMobile signs final definitive documents for the capital alliance with TBS
eAccess to invest an additional 15 billion yen to eMobile

eMobile Ltd., a subsidiary of eAccess Ltd. signed the final definitive documents for the capital alliance with Tokyo Broadcasting System, Inc. (Headquarter: Minato-ku, Tokyo, President, Hiroshi Inoue, hereinafter called "TBS") following from the announcement made on August 31, 2005.
Together with the TBS capital alliance transaction, eAccess also announced today to invest an additional 15 billion yen into eMobile Ltd in convertible preferred shares.
After the capital injection from the above transactions, eMobile's total capital amount will reach a total 55.35 billion yen (capital shares: 27.825 billion yen). eAccess' ownership of eMobile will be 84.4%.

1.Details of transaction

TBSeAccess
Total amount10 billion yen
(Announced on August 31, 2005)
15 billion yen
Payment dateOctober 18, 2005 (Scheduled)

2.Principal Shareholders after the allocation of new convertible preferred shares
eAccess Ltd.84.4%
Tokyo Broadcasting System, Inc.14.0%
(Convertible preferred shares are issued for the transaction. Above percentage is calculated based on the total number of shares (955,025 shares) after the conversion of the convertible preferred shares into common shares.)

3.Details of eMobile Ltd. (As of August 16, 2005)
(1)Name: eMobile Ltd.
(2)Business focus: Mobile broadband business
(3)Date of establishment: January 5, 2005
(4)Location: Shin Nikko Bldg. 10-1 Toranomon 2-chome,
Minato-ku, Tokyo
(5)Representative: Representative Director Sachio Semmoto
(6)Capital shares and capital reserve: 30.35 billion yen
(Capital shares:15.325 billion yen)
(7)Total number of share issued: Common shares 607,000
(8)Main shareholder: eAccess Ltd. 99.8%


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