TIDM56ID

RNS Number : 8027N

Softbank Corp

07 September 2011

September 7, 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 August 9, 2011.

1. Class of shares repurchased: Common stock

2. Number of shares repurchased: 4,000,000 shares

3. Total cost of shares repurchased: JPY 10,793,287,000

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

5. Period for share repurchase: From September 2, 2011 to September 7, 2011 (execution base)

(Reference)

Details of the resolution made by the Board of Directors on August 9, 2011

1. Class of shares to be repurchased: Common stock

2. Number of shares to be repurchased: Up to 4,000,000 shares

(representing 0.36% of shares issued (excluding treasury stock))

3. Total cost of shares to be repurchased: Up to JPY 20.0 billion

4. Period for share repurchase: From August 10, 2011 to July 31, 2012

This information is provided by RNS

The company news service from the London Stock Exchange

END

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