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

No. 09-011

November 5, 2009

KONAMI CORPORATION

We hereby announce that our consolidated net revenues and consolidated operating income for the first half ended September 30, 2009 were ¥113,914 million (77.5 % of the same period in the previous year) and ¥4,611 million (20.2 % of the same period of the previous year), respectively.

Income before income taxes and net income attributable to Konami Corporation were ¥4,029 million (18.0 % of the same period in the previous year) and ¥2,232 million (18.7 % of the same period of the previous year), respectively.

The business environment remains uncertain despite showing signs of some recovery from the economic slowdown that began last year.

Net revenues and operating income are lower compared to the same period of the previous year which saw the release of highly popular title METAL GEAR SOLID 4 GUNS OF THE PATRIOTS.

Digital Entertainment segment saw solid sales of sports and music titles as well as the original title LOVEPLUS, a new romantic communication game, and card games. In the Health & Fitness segment, we strove to upgrade services to meet regional characteristics and customer needs. While opening both directly managed and outsourced fitness clubs, we executed facility streamlining.

As leading titles are scheduled to be launched in the second half of the year, there is no change in the financial guidance for the full year.

1. Consolidated Results of Operation

(Millions of yen)

	Net Revenues	Operating Income	Income Before Income Taxes	Net income attributable to Konami Corporation
Six Months ended September 30, 2009	113,914	4,611	4,029	2,232
Six Months ended September 30, 2008	146,904	22,844	22,408	11,964

2.Segment Information - Net Revenues

(Millions of yen)

	Six Months ended September 30, 2008	Six Months ended September 30, 2009	% of previous year
Digital Entertainment	93,030	51,419	55.3
Health & Fitness	45,456	43,375	95.4
Gaming & System	7,854	8,896	113.3
Other, Corporate and Eliminations	564	10,224	1,812.8
Consolidated	146,904	113,914	77.5

3.Segment Information - Operating Income

(Millions of yen)

	Six Months ended September 30, 2008	Six Months ended September 30, 2009	% of previous year
Digital Entertainment	26,305	4,484	17.0
Health & Fitness	1,564	298	19.1
Gaming & System	1,040	2,215	213.0
Other, Corporate and Eliminations	-6,065	-2,386	-
Consolidated	22,844	4,611	20.2

4.Overview of the First Half ended September 30, 2009

Digital Entertainment Segment

1. (1) Solid sales of sports titles including baseball and soccer games and dance games.
2. (2) Release of a new original romantic communication game, LOVEPLUS.
3. (3) Launch of amusement arcade machines including music, horseracing and mass-medal games.
4. (4) Stable sales of card games.
5. (5) Expanded and upgraded contents for mobile phones and terminals including iPhone and iPod touch.

Health & Fitness Segment

1. (1) Opened new directly managed and contract-based facilities, and streamlined the network of facilities (operating 327 sports facilities nationwide as of the end of September 2009).
2. (2) Started offering a golf swing data analysis service at designated facilities.
3. (3) Launched EXERCISEWATER ZERO, a sugar free beverage with zero calories.
4. (4) Expanded sales network into mobile phone websites, Japan Post Network Co.,Ltd. and convenience stores.

Gaming & System Segment

1. (1) Expanded sales of slot machines, Konami Casino Management System(KCMS), and participation agreements in North America.
2. (2) Introduced KCMS, while slot machines showed solid performance in Australia.
3. (3) Initiated full-scale marketing in Central and South America, with progress in building a network of distributors.

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