dateNovember 30, 2005
Memorandum of Understanding with Tokyo Broadcasting System,Inc.

On November 30, 2005, Tokyo Broadcasting System, Inc. and Rakuten, Inc. signed a memorandum of understanding witnessed by Mizuho Corporate Bank and agreed to start discussion on capital and business alliance. (For full release, please refer to Japanese IR release.)

*Please note that the information contained in press releases is current as of the date of release.

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