[Translation]

June 3, 2016
Q&A regarding Acceptance or Rejection of the Claims
MtGox Co., Ltd.
Bankruptcy Trustee:Nobuaki Kobayashi, Attorney-at-law
On May 25, 2016, the date of the investigation of claims with respect to MtGox Co.,Ltd (“MTGOX”), the Bankruptcy Trustee determined the acceptance or rejection ofclaims regarding all of the claims that have been filed.
Please see the Q&A below regarding the acceptance or rejection of the claims.
I.

Matters concerning acceptance and rejection of claims in general

Q1-1 How many people filed claims?

What are the results of the acceptance orrejection of the claims?
ACreditors who filed a claim
only with respect to theBankruptcy Claims Related
to Exchange

Numberof persons
who filedclaims
24,750persons

Total amount ofclaims filed *1

JPY
263,519,268,303,371

Total amount ofclaims that havebeen accepted*1
JPY
45,609,593,503

Total amount of claims
that have been
rejected *1
JPY
263,473,658,709,868*1 All amounts have been converted into JPY.
Q1-2Has the acceptance or rejection of claims been determined for every person whofiled a claim by May 25, 2016, the date of the investigation of claims?
AThe acceptance or rejection of claims was determined for every person who filed aclaim. The Bankruptcy Trustee did not reserve his right to accept or reject claims in
respect of anyone.

Q1-3 How can I check the results of the acceptance or rejection regarding my claim?
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A・Online Creditors
Creditors who filed their Bankruptcy Claim Related to Exchange (claims regarding
the refund of Bitcoin (“BTC”) and money, which were filed by users of the BTCexchange) through MTGOX’s website (https://claims.mtgox.com/assets/index.html#/)(the “System”) can view the statement of acceptance or rejection which sets forth thecontents of the filings and the details of the acceptances or rejections thereof, withrespect to all Bankruptcy Claims Related to Exchange, by logging into the Systemand clicking the link to the PDF file of the “List of acceptance or rejection for all
creditors” (however, the content will be partially masked). Please look for thecreditor’s number (the number that was assigned to you when you filed your claims)
and your name, and confirm the results of the acceptance or rejection of your filedclaims.
You can also confirm the results of the acceptance or rejection of your claims bylogging into the System and clicking the icon that states “Check the results of thebankruptcy trustee’s decision concerning the admissibility of your bankruptcy claim”.
Please note that, due to a technical error in the System, there is a possibility that theresults of the acceptance or rejection of your claims shown through the “Check theresults of the bankruptcy trustee’s decision concerning the admissibility of yourbankruptcy claim” icon were incorrect during the period between May 25, 2016 andMay 27, 2016 (Japan time). Please check the results again.
Each of the Online Creditors has been notified of the above information by e-mailfrom around May 28, 2016 (Japan time).
・Offline Creditors
With respect to creditors who filed their Bankruptcy Claims Related to Exchangeby post, they have been notified of the results of the acceptance or rejection of theirclaims by e-mail from around May 28, 2016 (Japan time).
Q1-4 I have not received the e-mail regarding the results of the acceptance or rejectionof claims. Why is that?
A

Please check again, as we have already sent the results to the e-mail address statedin your filing. (The timing of the dispatch of these e-mails is stated in our answer to
Q1-3 above.)
Please note that, since we have already sent e-mails to creditors whose claims have2

already been accepted or rejected on February 17, 2016, we will not be sending
e-mails to such creditors again on this occasion.
Q1-5 I clicked the icon “Check the results of the bankruptcy trustee’s decision
concerning the admissibility of your bankruptcy claim” on MTGOX’s website,and checked the results of the acceptance or rejection of my claim; however, theresults of the acceptance or rejection seemed to be incorrect.
APlease note that, due to a technical error in the System, there is a possibility that theresults of the acceptance or rejection of your claims that were shown by clicking the“Check the results of the bankruptcy trustee’s decision concerning the admissibilityof your bankruptcy claim” icon were incorrect, as indicated in the textbox below,
during the period between May 25, 2016 and May 27, 2016 (Japan time). Pleasecheck the PDF file of the “List of acceptance or rejection for all creditors” on theSystem again. The PDF file of the “List of acceptance or rejection for all creditors”
contains the correct results of the acceptance or rejection of your claims.
With respect to filings made for a claim denominated in Japanese yen, theinformation displayed upon clicking the icon “Check the results of thebankruptcy trustee’s decision concerning the admissibility of your bankruptcyclaim” indicated that the full amount of the claim was rejected, despite the factthat the claim was in fact accepted in full by the Bankruptcy Trustee.
With respect to filings made for a claim denominated in BTC, there is apossibility that the information displayed upon clicking the icon “Check theresults of the bankruptcy trustee’s decision concerning the admissibility of yourbankruptcy claim” was incorrect and inconsistent with the actual determinationof the acceptance or rejection of the claim by the Bankruptcy Trustee.

Q1-6 Has there been an improvement with respect to the system error which prevented
access to the “List of acceptance or rejection for all creditors” (i.e., the statementof acceptance or rejection which sets forth the contents of filings made by the userof the BTC exchange of MTGOX and the details of acceptances or rejections
therefor) on the System?
A

The system error has already been fixed.
again.
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Please login to the System and checkQ1-7 The statement of acceptance or rejection that is released on the System discloses
the names of the persons who filed the claims. Is this not an infringement ofprivacy?
AThe statement of acceptance or rejection will set forth the contents of filings and thedetails of acceptances or rejections therefor by the Bankruptcy Trustee; therefore, inthe course of the operation of the bankruptcy proceedings, it is planned that thenames of the persons who filed the claims have been indicated. The disclosure on
the System was made following consultation with the court with respect to thisdisclosure. Therefore, we believe there are no legal issues with respect to thisdisclosure.

II.

Rejected Filed Claims

Q2-1 Why were my claims rejected?
AIn general, we reject claims that have been determined to not exist. In addition,please note that we are not able to respond to individual inquiries as to the acceptanceor rejection of such claims.

Q2-2 If my claims were rejected, what should I do?
ACreditors whose claims they filed were rejected may follow the claim assessment
process within one month (May 26, 2016 to June 27, 2016 (Japan time)) from thedate of investigation of claims (May 25, 2016 (Japan time)) pursuant to the Japanese
Bankruptcy Act.

Q2-3 I cannot agree with the accepted or rejected amount.
Trustee determine such acceptance or rejection?
AHow did the Bankruptcy

The Bankruptcy Trustee determined the acceptance or rejection of claims after
conducting necessary investigations, based on various data remaining at MTGOX.

Q2-4 If I disagree with the accepted or rejected amount, what should I do?

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A

You will need to file with the court an application for an appraisal of the bankruptcy
claims. This is a procedure under which the bankruptcy creditors objecting to theacceptance or rejection by the trustee file with the court an application for anappraisal, in order to determine the amount, etc., of their own bankruptcy claims.
You will need to prepare two copies of the application for an appraisal (which arerequired to be prepared in Japanese) and documentary evidence, and submit them tothe 20th Civil Division of the Tokyo District Court (this is the court which is in chargeof the MTGOX bankruptcy case; the 20th Civil Division is the bankruptcy
rehabilitation division) during the period from May 26, 2016 to June 27, 2016 (Japantime).
Please note that the trustee cannot provide individual consultation for each creditor
with respect to these procedures.

Q2-5 My claims were accepted.
ADo I need to follow any procedures?

You do not have to do anything in particular at this stage. We will contact you
with respect to future procedures when we have progressed to the stage of making
distributions.

III.

Other Procedures regarding the Filing of Claims and Acceptance orRejection

Q3-1 I do not know my creditor’s number.
A

What should I do? (Offline Creditor)

We sent an e-mail, informing you of the acceptance or rejection of your claims, tothe e-mail address that was stated in the statement of filing, and the creditor’s number
is indicated in that e-mail.

Please check the said e-mail.

Q3-2 I forgot my password and I cannot log in to the filing system. What should I do?
AIn order to change your password, please enter your username or your e-mailaddress and the answer to the secret question that is registered at the MTGOX BTC
exchange; you will then be able to set up a new password.

Q3-3 I cannot change my password (e.g., because “I forgot the answer to the secretquestion”). What should I do?
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A

Please contact the call center, and on your providing us with certain informationsuch as the creditor’s number, name, address, and the filed amount in respect of therelevant creditor, we will subsequently send an e-mail regarding the results of theacceptance or rejection of claims to the e-mail address that is stated in the statementof filing.

IV.

Distribution Procedure

Q4-1 When will the distribution be made?
AAt present, the estimated amount of the distribution, the timing of the distribution,
the distribution method, etc. have not yet been determined, since we plan todetermine the acceptance or rejection of claims with respect to all filed bankruptcy
claims and progress to the distribution procedures after the amounts of thebankruptcy claims have been finalized.
In addition, we are considering whether to make distributions in BTC if abankruptcy distribution is viable.
End of document

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