OREANDA-NEWS. SoftBank Corp. has purchased additional shares of Sprint Corporation, a subsidiary located in the U.S., through a wholly-owned U.S. subsidiary of the Company as stated below.

1. Outline of Additional Purchases
Investing company - Galaxy Investment Holdings, Inc. (a wholly-owned subsidiary of the Company)
Number of shares purchased - 28,808,212 shares (Share of outstanding shares of New Sprint common stock: 0.73%)
Purchase date - From Aug. 1, 2013 to Aug. 5, 2013 (EDT)
Aggregate purchase price - USD 187,599,575.52 (approx. JPY 18.4bn)
Number of shares held by the Company after Additional Purchases - 3,105,333,735 shares (Share of outstanding shares of New Sprint common stock: 79.07%)

2. Purpose of Transaction
The Additional Purchases are intended to increase the Company's beneficial ownership in New Sprint to approximately 80% of the outstanding shares of New Sprint common stock. Galaxy Investment Holdings, Inc. (a Delaware corporation) intends to acquire approximately 2% of the outstanding shares of New Sprint common stock in compliance with Rule 10b-18 Safe Harbor Rule of the Securities Exchange Act of 1934, as amended.