The following is the contents released by FAMIMA CORPORATION which is a consolidated subsidiary of FamilyMart Co.,Ltd.

Torrance, CA - June 20, 2005 - West Hollywood. California has always been a trendy place for firsts… design, fashion and food to name a few. Now add to the list, Famima!! A new lifestyle specialty all-in-one community store (Premium Grocer + Quick Service Restaurant + Convenience Store) concept that is thoughtful in its modern design and sophisticated in its product offerings is set to open on July 20, 2005 on the corner of Santa Monica and La Cienega Boulevards. With an appeal that is POP, HIP, and GenX all in one, Famima!! is superbly positioned to be West Hollywood's newest hot spot this summer.

“We have been waiting for this day with eager anticipation,” says Mr. Inoue, President and CEO of FAMIMA CORPORATION. “Our strong track record in overseas markets shows that we have a successful formula to make Famima!! a household name in the US. In our quest for excellence, we are confident that distinguishing U.S. consumers will be quick to appreciate and enjoy the Famima!! experience. Our community and service oriented lifestyle stores have everything they need.”

“I am very happy to announce that we are opening our first Famima!! store in the United States,” gleams Mr. Ueda, President of FamilyMart Co., Ltd. “This initiative is expected to add crucial momentum to the implementation of our Pan-Pacific Plan, which aims to create a global network of 20,000 stores. We are working to create Famima!! stores that offer ready-to-eat food products with a high level of freshness and quality along with an atmosphere of warm hospitality that gives American consumers a cheerful feeling of abundance.”

Famima!! leads the way as the “premium experience” in modern day corner convenience store shopping. As a targeted lifestyle retailer, Famima!! is your neighborhood deli, a quick service restaurant, your premium grocer, your banker, your personal business and stationery store, your local newsstand and internet provider, and your morning coffee stop. Tailored to the savvy American consumer that appreciates the finer things in everyday life, FAMIMA’s international, best-selling and fashionable sundries complete the shopping experience.

Operated by FamilyMart Co., Ltd., U.S. based FAMIMA CORPORATION has an aggressive strategy for bringing Famima!! stores to the U.S. With the West Hollywood store as its pilot project, a strategic rollout of hundreds of specialty stores using the Famima!! and franchise systems are planned over the next 3 years. In 2005, 3 new stores will be added; in 2006, 30 more stores, and the company anticipates having 250 stores by 2009.

ABOUT Famima!!

FAMIMA CORPORATION was founded in 2004 to bring high-quality, generation and neighborhood focused convenience store franchises to the US market. Backed by the strength of the Fortune Global 500 company, ITOCHU Group, Famima!! stores excel at generation and regional level marketing, superior store design, quality customer service and value pricing. The upscale Famima!! store format includes a first-rate deli, specialty and international foods, snacks and beverages, and a diverse selection of attractive and in demand lifestyle merchandise.