June 10, 2005
Best Bridal, Inc.
President and CEO Masayuki Tsukada
TSE Mothers Code: 2418
For information, contact:
Manager, Management Planning Department

Mitsuo Shigeta
Tel: 03 (5464) 0081

http://www.bestbridal.co.jp
Signing of Contract for Acquisition of Wedding Chapel Operating Rights andLeasing of Such by Consolidated Subsidiary
Best Bridal Hawaii, Inc., a consolidated subsidiary of Best Bridal, Inc., has entered into anagreement for the acquisition of wedding chapel operating rights, and leasing of thewedding chapel, as described below.

1. Objective of wedding chapel rights acquisition and leasing agreement
As a pioneer in guest house weddings, the Best Bridal Group has consistently provided the latest
services and facilities. With guest houses in Japan offering high quality and authenticity, our richproduct selection and outstanding service allows customers to enjoy highly original weddings,and together with our detailed customer service has provided them with dreams and moving
experiences.
Our overseas business has grown steadily since the establishment of Best Bridal Hawaii, Inc. as aconsolidated subsidiary in February 1999. In the term ended December 2004 its commitment toproviding detailed, high-quality service resulted in an 18% growth in the number of weddings
held over the prior year, reaching 1742.
The Best Bridal Group formerly had two directly-managed chapels in Hawaii, but with thepartial transfer of operating rights from MATZKI INC. in November 2004 gained exclusive usage
rights to two more chapels, raising the number of chapels operated currently to four. In addition,a new chapel under construction at Hilton Hawaiian Village, LLC is scheduled to open inDecember.
It is becoming increasingly difficult to open new chapels in Hawaii for various reasons, including
the permits required. In particular, it is almost impossible to open new chapels in seasidelocations. This agreement for wedding chapel operating rights and related chapel leasing
provides the Group with a new wedding site in Hawaii, and together with the continuing
expansion of domestic wedding salons and the sales chain growth accomplished through transferof operating rights from MATZKI INC., strengthens our corporate foundation. We believe thatthese developments will contribute to a significant increase in the number of overseas weddings
held at our facilities, and share growth in the market.

2. Content of agreement for acquisition of wedding chapel operating rights and relatedleasing
2-1 Acquisition of wedding chapel operating rights
Name: Blue Lagoon ChapelSite: Keehi Lagoon Beach Park Honolulu Hawaii
Date of acquisition: May 1, 2005
2-2 Building leasing agreement
Site: Keehi Lagoon Beach Park Honolulu Hawaii
Term: 10 years from May 1, 2005 (may be extended for an additional 5 years)3. Outline of subsidiary
Name: Best Bridal Hawaii, Inc.
Establishment: February, 1999
Head office: 999 Bishop Street, 26th Floor, Honolulu, Hawaii 96813
Legal representative: Masayuki Tsukada, CEOCapital: US$11,000
Majority shareholder: Wholly-owned subsidiary of Best Bridal, Inc.
Business lines: Hawaiian wedding services for Japanese
Financial year: Ends December 31
Employees: 36
Gross assets: US$6,945,000
Equity:US$1,479,000

Revenues:

US$6,590,000

Pre-tax income:US$429,000

Net income for the term:

US$279,000

4. Effect of future performance
The acquisition of operating rights for this wedding chapel is expected to contribute to businessgrowth over the mid term, improving overall Group performance. Consolidated revenues are
expected to rise by JY320 million (400 weddings) for the term ending December 2005, andfull-year operation from 2006 is expected to yield a revenue increase of JY800 million (800weddings), through group synergistic effects.