Daiwa Securities Group Inc
22 September 2005

                                                              September 22, 2005

 Notice regarding delisting of shares from London, Frankfurt, Euronext (Paris)
                    and Euronext (Brussels) Stock Exchanges

Daiwa Securities Group Inc. (Daiwa) decided today at the Executive Committee to
submit applications for the delisting of its shares (including depositary
receipts) to the following four exchanges.

1.      Stock exchanges to which Daiwa will submit applications for delisting

-          London Stock Exchange

-          Frankfurt Stock Exchange

-          Euronext Stock Exchange (Paris)

-          Euronext Stock Exchange (Brussels)

(Reference) Stock exchanges on which Daiwa will continue its listing

Tokyo Stock Exchange, Osaka Stock Exchange, and Nagoya Stock Exchange

2.      Reasons for delisting

Liquidity of Daiwa's shares on the above four stock exchanges has been extremely
limited.

Therefore, it is no longer justifiable for Daiwa to bear the costs for
maintaining these listings. Daiwa believes that delisting from these four
exchanges will only have negligible influence on its shareholders and investors,
since the shares will continue to be listed on Tokyo Stock Exchange, Osaka Stock
exchange and Nagoya Stock Exchange.

3.      Schedule

Daiwa plans to submit applications for delisting from October 2005 and to
complete the procedures by June 2006.


                      This information is provided by RNS
            The company news service from the London Stock Exchange