FreeBit Inc.

Established FreeBit.com Inc. in Shibuya, Tokyo, for internet business support and related activities

May 1, 2000 (End of fiscal year April 30).

Establishment.

Changed the company name from FreeBit.com Inc. to FreeBit Inc.

Listed on the Tokyo Stock Exchange Mothers Market

Made Dream Train Internet Inc., which develops personal ISP business, a consolidated subsidiary

Started operation of Karatsu 'SiLK Hotlines', a call center business

Made Media Exchange Inc. (now absorbed into Dream Train Internet Inc.) a consolidated subsidiary

Simultaneously, the subsidiary GigaPrize Inc., which develops a condominium ISP business, was also consolidated

Consolidated Media Exchange Corporation (now absorbed into Dream Train Internet Corporation) and GigaPrize Corporation, which develops condominium ISP business, as subsidiaries.

The internet advertising agency Fullspeed Inc., which develops affiliate advertising business and offers its own program "Affiliate B," and Forit Inc., which develops IT platform business, were consolidated

Fullspeed Inc. established Shanghai Fuluo Si Advertising Co., Ltd. in Shanghai, China

For the purpose of improving management efficiency, the call center business "SiLK Hotlines" was incorporated and FreeBit Smart Works Inc. was established

To streamline internet connection-related business, GigaPrize Inc. was transferred to be a direct subsidiary of FreeBit Corporation

Established FreeBit Mobile Inc. to develop MVNO business

Formulated the corporate message "A company that invents every day" and renewed the corporate logo of FreeBit Inc.

FreeBit Mobile Inc. changed its trade name to Tone Mobile Inc. (now Culture Convenience Club Inc.)

Established FreeBit Investment Inc. for investment purposes to expand business

GigaPrize Inc. made ForMembers Inc., which develops real estate brokerage business as an Ion Housing franchise, a equity-method affiliate

Fullspeed Inc. established Thinks Inc., a joint venture with Irep Co., Ltd., and made it an equity-method affiliate

Changed listing to the First Section of the Tokyo Stock Exchange

Consolidated EPARK Healthcare Inc., which provides healthcare solutions services (now Kusuri no Madoguchi Inc.)

EPARK Healthcare Inc. (now Kusuri no Madoguchi Inc.) changed its trade name to FreeBit EPARK Healthcare Inc.

GigaPrize Inc. made ForMembers Inc. a consolidated subsidiary

GigaPrize Inc. absorbed and merged its 100% subsidiary ESP Inc.

Fullspeed Inc. established Calm Bold Inc. (now Clyde Inc.)

Fullspeed Inc. established Fullspeed Link Inc.

GigaPrize Inc. established and consolidated Giga Tech Inc. to expand the multi-family housing ISP business

FreeBit EPARK Healthcare Inc. (now Kusuri no Madoguchi Inc.) established and consolidated Care Supplement Inc., a joint venture with Kobe Digital Labo Inc.

GigaPrize Corporation has made Soft Volante Corporation a consolidated subsidiary to expand its multi-unit ISP business.

Acquired the nursing care record system business from Teac Onkyo Solutions Corporation.

Made Aruk Corporation a consolidated subsidiary.

Fulspeed Corporation established JobBroad Corporation.

Entered into a business alliance agreement with Alps Alpine Corporation.

Dream Train Internet Corporation succeeded all business from Tone Mobile Corporation (now Culture Convenience Club Co., Ltd.).

GigaPrize Corporation sold part of its shares in ForMembers Corporation and excluded it from the consolidated scope.

Sold all shares of Freebit EPARK Healthcare (now Kusuri no Madoguchi Co., Ltd.) and excluded from the consolidated scope.

Sold all shares of Aruk Corporation and excluded from the consolidated scope.

Changed from the First Section of the Tokyo Stock Exchange to the Prime Market due to a change in market classification.

Made Fulspeed Corporation a wholly owned subsidiary through a tender offer.

Entered into a capital and business alliance agreement with Alps Alpine Corporation.

Entered into a capital and business alliance agreement with SoftBank Corporation.

Acquired all voting rights of GigaPrize Corporation through a tender offer and share transfer request.