Ordinary income 14.8 billion yen
(Prior Year Comp up 2%)
T Card Membership surpasses 20 million members
Consolidated Ordinary Income Forecast 15 billion yen for Mar. 2008

May 15, 2007 (Tokyo, Japan) Culture Convenience Club Co., Ltd. (“CCC”) reported its consolidated operating results for the full year of the year ended Mar. 31, 2007 as follows: Net sales were 210.6 billion yen (down 7.8% compared to the prior year); although TSUTAYA store openings failed to meet their plan and certain companies joining the group during the previous fiscal year did not meet their income plans, ordinary income improved to 14.8 billion yen (up 2.2% over the prior year) and net income of 7.2 billion yen marked a conversion from the loss recorded for the prior year.