Press release
Mar 7, 2007

Sosei Announces Significant Exercise of Stock Acquisition Rights


Tokyo, Japan – 7 March 2007: Sosei Group Corporation (“Sosei”, TSE Mothers Index: 4565) a biopharmaceutical company, today announces the exercise of a number of Stock Acquisition Rights (“SARs”) issued on 22 January 2007.


1. Name of Stock Acquisition Rights:                            Sosei Group Corporation,

                                                                                      Stock Acquisition Rights

                                                                                      (11th Series Stock Acquisition Rights)

2. Exercise date:                                                           7 March 2007

3. Number of shares to be issued:                                3,600 shares

                                 New shares :                                3,600 shares

                            Treasury stocks:                                0 shares

4. Exercise price:                                                           180,900 Yen

5. To be paid:                                                                 651,240,000 Yen

6. Number of unexercised Stock Acquisition Rights:     250 (Common Shares 4,500)


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