Tokyo Stock Exchange: Inclusion Of Yahoo's Shares (4689) In The TOPIX

Tokyo Stock Exchange, Inc. (TSE) announced on October 31, 2003 that the shares of Yahoo Japan Corporation (4689) would be included in the TOPIX and its sub-indices in two phases as follows since the market value of the company exceeds one percent of the market value of the TOPIX.

Adjustment Date*	Number of shares to be included**
November 28, 2003	942,462.08 shares
January 30, 2004	942,462.08 shares

Adjustment Date*	Number of shares to be included**
November 28, 2003	942,462.08 shares
January 30, 2004	942,462.08 shares

^* After the close of trading

^**The number of shares may be changed by the exercise of stock options, etc.

Note: This treatment is in accordance with the announcement on August 20, 2003, that TSE would include the shares of newly listing companies with extremely large market capitalization in the TOPIX in phases.