Press Releases 2006

Change of Corporate Name of a Consolidated Subsidiary

Oct. 16, 2006

SOFTBANK CORP. announces that change of the corporate name of its wholly-owned subsidiary, SOFTBANK AM CORPORATION (head office: Minato-ku, Tokyo; Representative: Takashi Okubo) was resolved at the board meeting of SOFTBANK AM CORPORATION and approved at the shareholders' meeting today as stated below.

1.New corporate name SOFTBANK TELECOM SALES Corp.
2.Date of change October 16, 2006
3.Reason of change To change the corporate name associated with change of business
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