Mizuho Holdings,Inc.

1. Structure of (MHFG) The Mizuho Financial Group provides ; such as Banking as main business, Securities business, Trust and Asset Management services business.

(as of March 31, 2001) Mizuho Holdings,Inc. General Meeting of Shareholders

Corporate Auditors/Board of Corporate Auditors

Board of Director

Corporate Auditors Office

Executive Management Committee CEO

Business Policy Committees Internal Audit & Compliance Committee

Customer Satisfaction Office

Executive Secretariat Significant consolidated subsidiaries

Branch Network Planning

Planning & Administration Headquarters Headquarters for Business Unit

Strategic Planning Group Consumer and Private Banking Business Unit

Corporate Planning Consumer and Private Banking Planning

Consolidation Planning & Promotion Consumer and Private Banking Coordination The Dai-Ichi Kangyo , Ltd.

Public Relations Small Business & Middle Market Banking Business Unit

Administration Small Business & Middle Market Banking Planning

Subsidiaries and Affiliates Management Small Business & Middle Market Banking Coordinationation

Financial Control and Accounting Group Corporate and Financial Institutions Banking Business Unit

Financial Planning Corporate Banking Planning The , Ltd. Accounting Corporate Banking Coordination

Investor Relations Financial Institutions Banking Planning

Risk Management Group Public Sector Banking Business Unit

Risk Management Public Sector Banking Planning

Credit Risk Management International Banking Business Unit

Human Resources Group International Banking Planning The Industrial Bank of , Ltd. Human Resources Planning International Banking Consolidation Planning

Human Resources ALM and Trading Business

IT, Systems & Operations Group Trading Planning

IT & Systems Planning ALM Planning

Operations Planning e-Business and Global Transaction Services Business Unit

Audit and Compliance Group Global Transaction Services Planning Co.,Ltd.

Compliance e-Business Planning

Legal Affairs Securities and Investment Banking Business Unit

Internal Audit Securities Business Planning

Investment Banking Planning

Trust and Asset Management Business Unit Mizuho Trust & Banking Co.,Ltd

Asset Management Business Planning

Trust Business Planning

1-3 Mizuho Holdings, Inc.

State of Affiliates

The outline of the affiliates listed on the domestic stock exchange is as follows:

Name of Affiliates Location Major Ownership Listed Stock Exchanges

Operation Percentage

%

The Yasuda Trust and Chuo-Ku, Trust and 56.4 Stock Exchange (First Section)

Banking Co., Ltd. Tokyo Banking (56.4) Osaka Stock Exchange (First Section)

Business

The Mizuho Investors Chuo-Ku, Securities 69.1 (First Section)

Securities Co., Ltd. Tokyo Business (69.1) Osaka Stock Exchange (First Section)

Nagoya Stock Exchange(First Section)

Shinko Securities Chuo-Ku, Securities 25.7 Tokyo Stock Exchange (First Section)

Co., Ltd. Tokyo Business (25.7) Osaka Stock Exchange (First Section)

Nagoya Stock Exchange(First Section)

The Chiba Kougyo Chiba-City, Banking 20.7 Tokyo Stock Exchange (First Section)

Bank, Ltd. Chiba Business (20.7)

( ): Indirect Ownership Percentage by Subsidiaries

1 -4