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CCC and Sumiya reach agreement on business and equity alliance

Culture Convenience Club Co., Ltd.

May 15, 2006

CCC Group and Sumiya Co., Ltd., reach agreement on business and equity alliance:
CCC Group to acquire 69% of Sumiya’s voting rights and to reinforce operations and customer base

May 15, 2006 (Tokyo, Japan) Culture Convenience Club Co., Ltd. (“CCC”, President: Muneaki Masuda), which is engaged in the TSUTAYA franchising business and Sumiya Co., Ltd. (“Sumiya”, President: Tetsu Kawabe), have reached an agreement on a business and equity alliance intended to reinforce DVD and CD distribution, and to shore up the operations base of Sumiya.

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Hiroshi Nishida
Tel +81 (0)3-5424-1626
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