Stmt re Huis Ten Bosch Co.

RNS Number:9817H
Mizuho Holdings Inc
26 February 2003




Listed Company Name:     Mizuho Holdings, Inc.
Head Office Address:     6-1, Marunouchi, 1-chome, Chiyoda-ku, Tokyo
Code Number        :     8305 TSE 1st Sec., OSE 1st Sec.


Possible Irrecoverability of Claims Owing to Filing for Commencement of 
Corporate Reorganization Procedures by Huis Ten Bosch Co., Ltd

Huis Ten Bosch Co., Ltd., company having transactions with Mizuho Corporate
Bank, Ltd., subsidiary of Mizuho Holdings, Inc., filed for commencement of
corporate reorganization procedures with the Nagasaki District Court on
February 26, 2003.  Notice is hereby given that, as a result of this
development, the possibility has arisen that certain claims against Huis Ten
Bosch Co., Ltd. may be delayed or become irrecoverable.


1.     Outline of Huis Ten Bosch Co., Ltd.

       (1)  Address          :     1-1, Huis Ten Bosch Cho, Sasebo-shi, Nagasaki

       (2)  Representative   :     Mr. Michitake Moriyama

       (3)  Capital          :     JPY 3,025 million


2.     Details of Relevant Developments

       On February 26, 2003, Huis Ten Bosch Co., Ltd. filed for commencement of
       corporate reorganization procedures with the Nagasaki District Court.

3.     Amount of Claims

       Mizuho Corporate Bank, Ltd     JPY 102,327 million

4.     Effect of this Development on Profit/Loss of Mizuho Holdings, Inc.

       This development will have no effect on Mizuho's previously announced
       projections for this fiscal year.


       Please direct any inquiries to:

       Mizuho Holdings, Inc.          Public Relations     [phone]
       Mizuho Corporate Bank, Ltd     Public Relations     [phone]


                      This information is provided by RNS
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