Early Redemption of the Convertible Bonds due 2015

SOFTBANK CORP. announces that it redeems its Convertible Bonds due 2015 (the “Bonds”) before maturity as stated below.

1. Date of early redemption

March 31, 2009

2. Reason

Redemption by the option of the bondholders

3. Content

(1) Principal amount of Bonds outstanding before redemptionJPY 50 billion
(2) Total amount of early redemptionJPY 50 billion
(3) Principal amount of Bonds outstanding after redemptionJPY 0
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