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To whom it may concern:

Company Name: Mizuho Financial Group, Inc.
Representative: Yasuhiro Sato President & CEO
Head Office: 1–5–5 Otemachi Chiyoda–ku, Tokyo
Code Number: 8411 (TSE 1st Sec.)

Announcement Regarding Mandatory Acquisition of Eleventh Series Class Ⅺ Preferred Stock

Mizuho Financial Group, Inc. (the "Company") hereby announces that, pursuant to Article 20, Paragraph 1 of the Articles of Incorporation of the Company and a provision in the terms and conditions of Eleventh Series Class Ⅺ Preferred Stock, the Company today conducted the mandatory acquisition of the shares of such Preferred Stock, in respect of which a request for acquisition has not been made during the Period for Acquisition Request, as set forth below.

  1. Subject Class and Number of Stock
    • (1)Class of Stock subject to Mandatory Acquisition:
      Eleventh Series Class Ⅺ Preferred Stock
    • (2)Total Number of Stock subject to Mandatory Acquisition:
      75,091,100
    • (3)Number of Common Stock Delivered in exchange for Mandatory Acquisition:
      265,433,368
    • (4)Method of Calculation for Number of Common Stock Delivered:
      Pursuant to Article 20, Paragraph 1 of the Articles of Incorporation of the Company and a provision in the terms and conditions of Eleventh Series Class Ⅺ Preferred Stock concerning mandatory acquisition in exchange for common stock, the Company will acquire the shares of Eleventh Series Class Ⅺ Preferred Stock, in respect of which a request for acquisition has not been made by June 30, 2016, and instead, the Company will deliver shares of its own common stock per share of Eleventh Series Class Ⅺ Preferred Stock in the number obtained by dividing 1,000 yen by the acquisition price for mandatory acquisition (282.90 yen). In the calculation of the number of common stock provided above, any number less than one (1) share will be treated pursuant to the provisions provided for in Article 234 of the Companies Act.
  2. Mandatory Acquisition Date: July 1, 2016
  3. Others:
    Shares of common stock delivered in exchange for this mandatory acquisition were newly issued by the Company.

This document is prepared in order to announce specific facts relating to "Announcement Regarding Mandatory Acquisition of Eleventh Series Class Ⅺ Preferred Stock" and does not constitute an offer for sale or solicitation for investment or other similar activity in or outside of Japan.

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