Comments on Arrest of Attempted Extortion Suspects

February 24, 2004

SOFTBANK BB Corp., a wholly-owned subsidiary of SOFTBANK CORP. has released the following comments concerning press reports on the arrest of suspects in a case of attempted extortion using “Yahoo! BB” client data.

Comments

SOFTBANK BB Corp. wishes to release the following comments to clients and concerned parties on reports that it has been the target of attempted extortion using client data.

On January 23, 2004 the company publicly announced that data on 242 clients had been leaked.

A complaint has already been filed with police authorities and an investigation is underway. The company is continuing to cooperate with the police authorities to uncover the affair and prevent further leaks or misuse of client data.

At present we know that 242 clients data matched Yahoo! BB subscriber data, which included subscribers’ addresses, names, telephone numbers, dates of application and email addresses. No credit or security information such as credit card numbers, passwords or records of use was included.

In addition to continuously enhancing security measures throughout the entire company by tightening internal restrictions on access to client data and strengthening surveillance systems to monitor unauthorized access, the company is upgrading compliance procedures throughout its operations including subcontractors.

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