Press Release

eMobile Ltd., a subsidiary of eAccess Ltd. announced today, that it has signed a definitive agreement on equity financing with affiliated companies of Goldman Sachs Group (through GS eM Holdings I and GS eM Holdings II), Yoshimoto Kogyo Co., Ltd. (indirectly through Sedona Capital, Inc.), Mizuho Capital Co., Ltd., and others. eMobile will raise a total of 32.5 billion yen through issuing new shares.

Following this transaction, eMobile's total capital shares and capital reserve will reach 87.85 billion yen (Capital shares: 44.075 billion yen). eAccess' ownership in eMobile will be 58.1% after this round of equity financing.

1.Details of allocation

Allocation	Total Amount
Goldman Sachs Group (GS eM Holdings I, GS eM Holdings II)	27.5 billion yen
Mizuho Capital Co., Ltd. Sedona Capital, Inc. Others	5.0 billion yen

2.Payment Date
December 20, 2005 (Scheduled)

3.Principal Shareholders after the allocation of new shares

eAccess Ltd.	58.1%
Goldman Sachs Group (GS eM Holdings I, GS eM Holdings II)	26.4%
Tokyo Broadcasting System, Inc. (TBS)	9.6%
Others	5.9%

Note: Preferred shares are issued for the above transaction. The ownership percentage is calculated based on the total diluted shares of 1,388,360.

4.Details of eMobile Ltd. (As of October 18, 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	:	55.35 billion yen (Capital shares:27.825 billion yen)
(7)Total number of share issued	:	Common shares 955,025 (Diluted basis)
(8)Principal shareholders	:	eAccess Ltd 84.4% TBS 14.0%