Consolidated Results for the First Quarter ended June 30, 2009
(Prepared in Accordance with U.S. GAAP)

No. 09-008

August 6, 2009

KONAMI CORPORATION

We hereby announce that our consolidated net revenues and consolidated operating income for the first quarter ended June 30, 2009 were ¥55,975 million (79.1 % of the same period in the previous year) and ¥1,000 million (8.6 % of the same period of the previous year), respectively.

Income before income taxes and net income attributable to Konami Corporation were ¥904 million (7.7 % of the same period in the previous year) and ¥367 million (6.5 % of the same period of the previous year), respectively.

Net revenues and operating income are lower compared to the 1st quarter of the previous year which saw the release of highly popular title, METAL GEAR SOLID 4 GUNS OF THE PATRIOTS, along with the effects of changes in the economic environment.

Digital Entertainment segment saw solid sales of sports titles such as baseball and soccer games, music titles and card games. In the Health & Fitness segment, we opened a total of five new directly managed fitness clubs, including relocations and rebuilds as well as four new contract- based facilities. Furthermore, we also closed a number of facilities.

As leading titles are scheduled to be launched in the second half of the year, we are in-line with the financial guidance for this fiscal year.

1. Consolidated Results of Operation

(Millions of yen)

	Net Revenues	Operating Income	Income Before Income Taxes	Net income attributable to Konami Corporation
Three Months ended June 30, 2009	55,975	1,000	904	367
Three Months ended June 30, 2008	70,805	11,611	11,718	5,664

2.Segment Information - Net Revenues

(Millions of yen)

	Three Months ended June 30, 2008	Three Months ended June 30, 2009	% of previous year
Digital Entertainment	44,850	24,601	54.9
Health & Fitness	22,174	21,438	96.7
Gaming & System	3,673	3,907	106.4
Other, Corporate and Eliminations	108	6,029	5,582.4
Consolidated	70,805	55,975	79.1

3.Segment Information - Operating Income

(Millions of yen)

	Three Months ended June 30, 2008	Three Months ended June 30, 2009	% of previous year
Digital Entertainment	13,159	1,547	11.8
Health & Fitness	584	23	3.9
Gaming & System	472	683	144.7
Other, Corporate and Eliminations	(2,604)	(1,253)	-
Consolidated	11,611	1,000	8.6

4.Overview of the First Quarter ended June 30, 2009

Digital Entertainment Segment

1. (1) Solid sales of sports titles including baseball and soccer games.
2. (2) Promoted distribution of titles for mobile phones and terminals including iPhone and iPod touch.
3. (3) Stable sales of Yu-Gi-Oh! TRADING CARD GAME series.
4. (4) Many titles announced at the Electronic Entertainment Expo 2009 (E3).

Health & Fitness Segment

1. (1) 343 sports facilities managed nationwide, including directly managed and contract-based facilities (increase of 6 facilities year on year).
2. (2) Opened five new directly managed fitness clubs including relocations and rebuilds, and four new contract-based facilities.
3. (3) Expanded sales network through the launch of health product catalogue sales through an alliance with the Tokyo Branch of Japan Post Network Co., Ltd.

Gaming & System Segment

1. (1) Solid sales of slot machines, steady increase of income from participation and maintenance fee from Konami Casino Management System (KCMS) in North America.
2. (2) Introduction of KCMS and solid sales of slot machines resulted in improved revenues and earnings in Australia.
3. (3) Entry into Latin American market through extending partnership with official distributors.
4. (4) Exhibited gaming machines at trade shows held in Canada, Panama and China (Macau).

*Statements made in this news release reflects information available on the date of its announcement, and is subject to change without prior notice.