ASB Asbisc

RNS Number:1752Q
Daiwa Bank Limited
18 January 2002

Completion of the Preliminary Screenings by the Financial Services Agency
(FSA) for Asahi Bank to Become a Wholly Owned Subsidiary of Daiwa Bank
Holdings. Inc. 

Daiwa Bank Holdings, Inc. (Daiwa Bank HD, hereafter, President; Yasuhisa
Katsuta) and The Asahi Bank, Ltd. (Asahi Bank, hereafter, President; Yukio
Yanase) hereby announce that the preliminary screenings by the Financial
Services Agency (FSA) for Asahi Bank to become a wholly owned subsidiary of
Daiwa Bank HD were completed today. 

Daiwa Bank HD and Asahi Bank will proceed with the necessary procedures
including general meetings of shareholders, submissions of various
applications, etc towards the completion of the management consolidation
scheduled on March 1, 2002. 

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