SBI Investment KOREA is Selected to Manage "Future Creation M&A Fund" by South Korean Government Agencies

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

SBI HOLDINGS, INC.

(Incorporated in Japan with limited liability)

(Stock code: 6488) OVERSEAS REGULATORY ANNOUNCEMENT

This announcement is made pursuant to Rule 13.10B of the Rules Governing the Listing of Securities on The
Stock Exchange of Hong Kong Limited.

Please refer to the attached copy of the Announcement.

On behalf of the Board SBI Holdings, Inc. Yoshitaka Kitao Representative Director,

President & Chief Executive Officer

Japan, 20 December 2013

As of the date of this announcement, the executive Directors are Mr Yoshitaka Kitao, Mr Taro Izuchi, Mr Takashi Nakagawa, Mr Tomoya Asakura, Mr Shumpei Morita, Mr Noriaki Maruyama and Mr Peilung Li, the non-executive Directors are Mr Masato Takamura, Mr Hiroshi Tasaka and Mr Teruhide Sato and the independent non-executive Directors are Mr Masaki Yoshida, Mr Kiyoshi Nagano, Mr Keiji Watanabe, Mr Akihiro Tamaki and Mr Masanao Marumono.

20 December 2013
SBI Holdings, Inc. (TOKYO: 8473 / Hong Kong: 6488)

SBI Investment KOREA is Selected to Manage "Future Creation M&A Fund" by South Korean Government Agencies

SBI Holdings, Inc. ("SBIH") hereby announces that SBI Investment KOREA Co., Ltd. (head office: Seoul, South Korea; Representative Director: Yoshimi Takahashi; "SBI Investment KOREA"), the SBI Group's venture capital in South Korea, has been selected by the Korea Venture Investment Corporation ("KVIC") and the Korea Finance Corporation ("KoFC"), both of which are funds under the government of South Korea, to be the commissioned management company of the Future Creation M&A Fund.
The Future Creation M&A Fund will be under the primary jurisdiction of the Ministry of Future Creation and Science established for the purpose of executing major economic initiatives for the government of South Korea. The management of this fund will be entrusted to multiple management companies; each of the commissioned management companies will establish their respective funds to make investments in line with the purpose of facilitating the growth of mid-sized corporations. The new SBI Future Creation ASEAN M&A Fund to be created by SBI Investment KOREA as the commissioned management company is intended to (1) invest in
mid-sized South Korean companies with a high possibility of an initial public offering (IPO) in the form of M&A funds when these companies consider an M&A in or outside the country for the purpose of acquiring technology or expanding the size of their business and (2) support mid-sized South Korean companies entering the ASEAN region in cooperation with the SBI Group's overseas subsidiaries or affiliated financial institutions and provide these companies with the funds necessary to make such entry.
The new SBI Future Creation ASEAN M&A Fund is entrusted with a total of KRW 50 billion (approximately JPY 4.9 billion), of which KRW 10 billion (approximately JPY 1.0 billion) is invested by KVIC, the same amount by KoFC, KRW 7.5 billion (approximately JPY 0.7 billion) by SBI Investment KOREA, and KRW
22.5 billion (approximately JPY 2.2 billion) by other institutional investors. The fund will be created by the end of January 2014.
The SBI Group has been engaged in the investment business mainly in emerging nations in Asia in cooperation with leading local partners while investing in local financial institutions in the region. These extensive networks established by the SBI Group have enabled SBI Investment KOREA to be selected to manage the fund. The
SBI Group will take full advantage of its networks in Asia to expand the entrusted assets.

*Converted at KRW 1 = JPY 0.098

**************************************************************************************** For further information, please contact:
SBI Holdings, Inc. Corporate Communications Dept., Tel: +81 3 6229-0126