Sumitomo Mitsui Banking

               Corporate Recovery Joint-Venture Company
    Established by Sumitomo Mitsui Financial Group, Goldman Sachs,
Daiwa Securities SMBC Principal Investments and Development Bank of Japan

Sumitomo Mitsui Financial Group, Inc. (Yoshifumi Nishikawa, President "SMFG"),
Goldman Sachs (Japan) Ltd. (Masanori Mochida, President) (for "GS Group"
including its affiliates), Daiwa Securities SMBC Principal Investments Co. Ltd.
(Masayasu Ohi, President) (for "Daiwa Securities SMBC-PI Group" including
affiliates) and Development Bank of Japan (Takeshi Komura, Governor "DBJ") have
today established a Joint Venture Company for Corporate Recovery ("JV") based on
an agreement to work closely in rehabilitation and corporate recovery of
companies seeking financial and business restructuring.

On October 8, 2003, SMFG, GS Group and Daiwa Securities SMBC-PI Group signed and
announced an agreement to establish a corporate recovery JV. At the request from
the three companies, DBJ, an active participant in the corporate recovery
business, has agreed to join the JV. DBJ will participate in the JV's equity
investment and dispatch a director in order to offer know-how in the
rehabilitation and corporate recovery of companies to the JV. DBJ is also in
discussions about providing financing to the related Loan Purchase Fund (LPF).
As also announced on October 8, the LPF will be formed by GS Group and Daiwa
Securities SMBC-PI Group, and will delegate corporate recovery operations to the
JV.

Profile of the JV
Name:                                             SMFG Corporate Recovery Servicer Co., Ltd
Foundation:                                       November 5, 2003
Location of the Head Office:                      Minato-ku, Tokyo
Representative:                                   Koichi Maeda, President
                                                  (former Managing Director of Sumitomo Mitsui Banking Corporation)
Total Paid-in Capital:                            JPY 500 million
Shareholders' Equity:                             JPY 750 million
Investment Ratio:                                 SMFG 52%; GS Group 16%;
                                                  Daiwa Securities SMBC-PI Group 16%; DBJ 16%

Number of Employees Upon Inauguration:  Approx. 20