RNS Number:0482I
Mizuho Holdings Inc
27 February 2003


             Media Reports on Our Possible Irrecoverability of Claims 
    Owing to Filing for Commencement of Corporate Reorganization Procedures 
                            by Huis Ten Bosch Co., Ltd.

In the matter of the above captioned, some media reported yesterday that Mizuho
Corporate Bank, Ltd., subsidiary of Mizuho Holdings, Inc., have already set
aside adequate loan-loss reserves against claims on Huis Ten Bosch Co., Ltd.

Notice is hereby given that Mizuho Corporate Bank, Ltd. will make a necessary
financial preparation against uncovered portion of the claims in this fiscal
year.

This development will have no effect on Mizuho's previously announced earnings
estimate for this fiscal year.

Please direct any inquiries to:
 
Mizuho Holdings, Inc.                   Public Relations         +81-3-5224-2026

Mizuho Corporate Bank, Ltd              Public Relations         +81-3-5252-6574

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

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