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NAMCO BANDAI STRENGTHENS ITS EUROPEAN MOBILE BUSINESS WITH THE FORMATION OF NAMCO BANDAI NETWORKS EUROPE LTD

New company to focus on mobile entertainment content, expands European commitment

London - November 10, 2006 - Namco Europe Ltd's Web & Mobile Content division today announced the formation of a new company aimed at expanding its presence in the maturing mobile content industry in Europe. NAMCO BANDAI Networks Europe Ltd will begin trading as of 1st January 2007. This is part of the overall group restructure plans, following the European restructuring by NAMCO BANDAI Group.

The new company will focus exclusively on mobile entertainment content based not only on well known Namco brands such as PAC-MAN, Galaxian and RIDGE RACER, but also the extensive portfolio of games and non-gaming content which Bandai adds, such as Tamagotchi. In addition, the company plans to publish mobile content created specifically for the European market, from both NAMCO BANDAI and third party developers.

"The creation of NAMCO BANDAI Networks Europe Ltd shows that mobile content remains an essential part of NAMCO BANDAI's business as we continue to invest in the growth of our European organisation," said Masaji Okubo, Managing Director of NAMCO BANDAI Networks Europe Ltd. "Over the coming months our operator and publisher partners - and consumers - will benefit from the increased focus and resources this new company brings. I believe our commitment to delivering a superior mobile experience will see NAMCO BANDAI continue to be one of the industry's most successful mobile publishers."

The new company will be responsible for all aspects of NAMCO BANDAI's mobile entertainment strategy in Europe, including its hugely successful i-mode sites such as PAC-MAN Arcade, and BANDAI Pocket.

About NAMCO BANDAI Networks Europe Ltd.

NAMCO BANDAI Networks Europe Ltd. is one of the companies comprising the newly formed BANDAI NAMCO Group, headquartered in Tokyo, Japan. On 29th September, 2005, BANDAI Co., Ltd and NAMCO LIMITED implemented a management integration to compete more effectively on the global stage in the fast-changing entertainment industry and deliver future growth. The resulting BANDAI NAMCO Group is a global entertainment operation involved in business fields ranging from toys, video game software and visual software to amusement machines & facilities and network content.

More information about NAMCO BANDAI Networks Europe Ltd, its products and services can be found online at www.namcomobile.com

"PAC-MAN", "Galaxian", and "RIDGE RACER" are registered trademarks of NAMCO BANDAI Games Inc.

Tamagotchi BANDAI, WiZ 2004-2005. All rights reserved.

For further information, please contact:

Pramesh Chauhan

NAMCO BANDAI Networks Europe Ltd

Head Of Business Development

Email: pchauhan@namco.co.uk

HEAD OFFICE

Namco House,

Acton Park Estate,

The Vale,

London W3 7QE.

United Kingdom

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