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dateMarch 14, 2006
Rakuten Determined Offering Price and Sales Price

Rakuten, Inc. announced today that it determined the offering price for newly issued shares and the sales price for existing shares.
・Offering price of new shares: 96,138 yen per share
 Issue price of new shares: 92,214 yen per share
・Sales price of existing shares: 96,138 yen per share
 Purchase price of existing shares: 92,214 yen per share (For full release, please refer to Japanese IR release.)

This material is not an offer of securities for sale into the United States. The securities may not be offered or sold in the United States unless they are registered or exempt from registration and any public offering of securities to be made in the United States.
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