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Announcement Regarding SQUARE ENIX New Game Titles for Next-Generation Game Consoles

Tokyo, Japan (November 16, 2005) Sony Computer Entertainment Inc., Microsoft Corporation, and Nintendo Co., Ltd. all have expressed plans to release next-generation game consoles between the years 2005 and 2006.

In this regard, speculation about the availability of FINAL FANTASY® series and DRAGON QUEST® series games on these systems has been reported on various media. However, we have made no concrete decision on our strategic direction of this issue.

We will continue to disclose any important information regarding business operations immediately after we make any relevant decision.

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