Daiwa Secs Grp Inc: Statement re (Listing) | Company Announcements

Friday 19 May, 2006

Daiwa Secs Grp Inc

Statement re (Listing)

Daiwa Securities Group Inc
19 May 2006







                                                                     19 May 2006

                                                     Daiwa Securities Group Inc.

Notice regarding the application for cancellation of listing on the Official
List and cancellation of admission to trading on the EEA Regulated Market of the
London Stock Exchange

1                   Delisting from the London Stock Exchange

As announced on 22 September 2005, Daiwa Securities Group Inc. ('Daiwa'),
decided at its Executive Committee meeting to apply to have its shares of common
stock (the 'Shares') delisted from the Official List of the Financial Services
Authority (the 'Official List') and to have the admission to trading of its
Shares on the EEA Regulated Market of the London Stock Exchange plc cancelled.

2                   Reasons for Delisting

The liquidity of the Daiwa's Shares on the London Stock Exchange plc has been
extremely limited, making it cost ineffective for the Daiwa to maintain this
listing. The Company believes that delisting its Shares from the Official List
and cancelling the admission of its Shares to trading on the EEA Regulated
Market of the London Stock Exchange plc will have very little effect on its
shareholders and investors, since the Shares will continue to be listed on the
Tokyo Stock Exchange, Inc., the Osaka Securities Exchange Co., Ltd. and the
Nagoya Stock Exchange, Inc.

3                   Schedule

Accordingly, Daiwa intends to apply to the Financial Services Authority and the
London Stock Exchange plc, for the cancellations, respectively, of:

(i)                  the listing of Shares on the Official List maintained by
the Financial Services Authority; and

(ii)                the trading of Shares on the London Stock Exchange's EEA
Regulated Market.

It is anticipated that cancellation of listing and admission to trading will
take effect from 23 June 2006, being over 20 clear business days following the
date of this announcement.

4                   Stock Exchanges on which Daiwa's common stock will continue
to be listed

In Japan, Daiwa's shares of common stock will continue to be listed on the
following exchanges:

(i)                  the Tokyo Stock Exchange, Inc.

(ii)                the Osaka Securities Exchange Co., Ltd.

(iii)               the Nagoya Stock Exchange, Inc.




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