Consolidated Results for the First Quarter ended June 30, 2010
(Prepared in Accordance with U.S. GAAP)

August 5, 2010

KONAMI CORPORATION

We hereby announce that our consolidated net revenues and consolidated operating income for the first quarter ended June 30, 2010 were ¥53,183 million (95.0 % of the same period in the previous year) and ¥2,879 million (287.9 % of the same period of the previous year), respectively.

Income before income taxes and net income attributable to KONAMI CORPORATION were ¥2,452 million (271.2 % of the same period in the previous year) and ¥1,265 million (344.7 % of the same period of the previous year), respectively.

In the Gaming & System segment, we continued to achieve record high net revenues and operating income for the first quarter, sustaining the momentum of the same period of the previous year. Our video slot machine "Podium" showed brisk sales globally.

Digital Entertainment segment saw favorable sales of METAL GEAR series, Winning Eleven series and the latest title of LOVEPLUS series as the main driver for home video game software.

In the Health & Fitness segment, we opened new fitness clubs under KONAMI's direct management and expanded our portfolio of contract-based facilities. At the same time, we enhanced services that meet the diversifying needs of our customers.

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, 2010	53,183	2,879	2,452	1,265
Three Months ended June 30, 2009	55,975	1,000	904	367

2.Segment Information - Net Revenues

(Millions of yen)

	Three Months ended June 30, 2009	Three Months ended June 30, 2010	% of previous year
Digital Entertainment	24,601	25,016	101.7
Gaming & System	3,907	4,346	111.2
Health & Fitness	21,438	21,428	100.0
Other, Corporate and Eliminations	6,029	2,393	39.7
Consolidated	55,975	53,183	95.0

3.Segment Information - Operating Income

(Millions of yen)

	Three Months ended June 30, 2009	Three Months ended June 30, 2010	% of previous year
Digital Entertainment	1,547	2,347	151.7
Gaming & System	683	1,151	168.5
Health & Fitness	23	149	647.8
Other, Corporate and Eliminations	(1,253)	(768)	-
Consolidated	1,000	2,879	287.9

4.Overview of the First Quarter ended June 30, 2010

Digital Entertainment Segment

1. (1) Launched "METAL GEAR SOLID PEACE WALKER" as the first sequel in the METAL GEAR series for the PSP.
2. (2) Released "WORLD SOCCER Winning Eleven 2010 Aoki Samurai no Chosen" on multiple platforms to coincide with the once-every-four-years festivity that excites soccer fans.
3. (3) Released "LOVEPLUSPLUS," a romance communication game that implements the gameplay of its hit predecessor, which features a brand new event.
4. (4) Stable sales of card games.

Gaming & System Segment

1. (1) Solid sales of video slot machine "Podium."
2. (2) Steady increase of income from participation fees.
3. (3) Expanded sales network and extended partnership with official distributors in Central and South American, European and Asian markets.

Health & Fitness Segment

1. (1) Added two new directly operated clubs (Niigata and Kami-Ooka, Yokohama city), and 30 new contract-based clubs.
2. (2) Enhanced services and products based on regional characteristics and customer needs.

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