TIDM56ID

RNS Number : 5965P

Softbank Corp

05 October 2011

October 5, 2011

Results and Completion of Share Repurchase

(Share repurchase pursuant to the Articles of Incorporation and the provisions of Article 165, Paragraph 2 of the Corporate Law)

SOFTBANK CORP. (hereafter "the Company") announces that it purchased its own shares under Article 156 of the Corporate Law, as applied pursuant to Article 165, Paragraph 3 of the Corporate Law.

This concludes the Company's share repurchase in accordance with a resolution made by the Board of Directors on September 28, 2011.

1. Class of shares repurchased: Common stock

2. Number of shares repurchased: 5,028,800 shares

3. Total cost of shares repurchased: JPY 11,899,833,600

4. Period for share repurchase: From October 3, 2011 to October 5, 2011 (execution base)

(Reference)

Details of the resolution made by the Board of Directors on September 28, 2011

1. Class of shares to be repurchased: Common stock

2. Number of shares to be repurchased: Up to 8,000,000 shares

3. Total cost of shares to be repurchased: Up to JPY 11.9 billion

4. Method of repurchase: Purchase in the market through a trust bank

5. Period for share repurchase: From October 3, 2011 to September 30, 2012

This information is provided by RNS

The company news service from the London Stock Exchange

END

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