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Announcement Concerning Renewal of Credit Line Facility

Oct. 1, 2008

SOFTBANK CORP. (hereafter ‘The Company’ announces that it has concluded a credit line facility contract with 37 of the main domestic and international financial institutions having a total amount of JPY 201.0 billion. This renews and increases the total amount of the existing (FY2007) credit line facility from JPY 200.0 billion.

(1)Lender	SOFTBANK CORP.
(2)Credit line facility size	JPY 201.0 billion
(3)Contract term	September 22, 2008 - September 18, 2009
(4)Purpose of loan	Working capital
(5)Arranger	Mizuho Corporate Bank, Ltd. Citibank Japan Ltd.
(6)Participants	Mizuho Corporate Bank, Ltd. Sumitomo Mitsui Banking Corporation The Bank of Tokyo-Mitsubishi UFJ, Ltd. Aozora Bank, Ltd. Mitsubishi UFJ Trust and Banking Corporation The Sumitomo Trust and Banking Co., Ltd. Mizuho Trust & Banking Co., Ltd. Citibank Japan Ltd. Royal Bank of Scotland plc 28 other banks

Reference

used portion of credit line facility at the end of September 2008: JPY 100.0 billion.