Consolidated Financial Results of Toyo Trust & Banking

Consolidated Financial Results of Toyo Trust & Banking For the Six Months Ended September 30, 2001 November 22, 2001, a subsidiary of UFJ Holdings, Inc., today reported the Bank's consolidated financial results for the six months ended September 30, 2001. Total Income for the fiscal year was 171 billion yen, compared with 196 billion yen for the previous fiscal year. Net Income for the fiscal year was (33) billion yen, compared with 19 billion for the previous fiscal year. FINANCIAL HIGHLIGHTS Six months ended September 30, 2001 2000 Millions of yen (Unaudited) (Unaudited) RESULTS Total Income 171,882 196,158 Income before Income Taxes, & Minority Interests (56,055) 35,665 Net Income (33,667) 19,510 BALANCE SHEET Total Assets 8,228,946 7,791,227 Stockholders' Equity 426,195 591,927 PER SHARE Net Income (36.35) 19.60 Stockholders' Equity 157.88 336.86 Notes: (1) Net Income per Share = Net Income Dividends for Preferred Stock Weighted Average Number of Shares of Common Stock * (2) Stockholders' Equity Stockholders' Equity Number of Shares of Preferred Stock Issue Price per Share Number of Shares of Common Stock * *Excluding treasury stocks and stocks held by subsidiaries (3) Equity in earnings of affiliates as of September 30, 2001 is 1,307 million yen. (4) For Net Income per Share and Stockholders' Equity per Share, the third decimal is omitted. (5) Amounts less than one million yen are omitted. - 1 -

(NOTES) Scope of Consolidation and Application of the Equity Method (1) Consolidated Companies (Consolidated Subsidiaries) 12 Companies Toyo Trust Capital Co., Ltd. Toyo Trust Total Finance Co., Ltd. Toyo Realty Co., Ltd. Toyo Trust Company of New York, and others (Companies excluded) 2 Companies Toyo Trust Operation Services Co., Ltd. (2) Companies accounted for under the Equity Method (Companies accounted for under the equity method) 7 Companies United Leasing Company Limited Japan Pension Planning Co., Ltd. (Companies newly accounted for under equity method) 2 Companies UFJ Asset Management Co., Ltd. M&T Information Technology Co.,Ltd. (3) Assets, income and net income of non-consolidated subsidiaries and affiliates which are not accounted for under equity method have no significant impact on the consolidated financials. - 2 -

CONSOLIDATED BALANCE SHEETS As of September 30, As of March 31, Millions of yen 2001 2000 2001 (Unaudited) (Unaudited) Assets: Cash and Due from Banks 417,986 648,796 523,530 Call Loans 56,990 35,675 26,599 Monetary Receivables Bought 66,572 18,228 33,730 Trading Assets 100,982 83,551 110,604 Securities 2,780,808 2,320,555 2,757,988 Loans and Bills Discounted 3,927,788 3,974,986 3,748,440 Foreign Exchanges 3,696 5,956 3,544 Other Assets 272,457 219,764 309,228 Premises and Equipment 119,615 179,994 178,840 Deferred Tax Assets 249,746 145,663 159,976-437 - Customers' Liabilities for Acceptances and Guarantees 330,827 263,231 342,717 Reserve for Possible Loan Losses (98,525) (105,533) (91,154) Reserve for Possible Losses on Securities - (81) (183) Total Assets 8,228,946 7,791,227 8,103,865 Liabilities, Minority Interests and Stockholders' Equity Liabilities: Deposits 2,967,718 3,533,564 2,934,566 Negotiable Certificates of Deposit 1,128,970 246,930 739,610 Call Money 407,765 120,486 218,458 Payables under Repurchase Agreements 4,249 - - Trading Liabilities 18,861 6,513 17,752 Borrowed Money 200,417 194,586 188,722 Foreign Exchanges 54 17 0 Bonds and Notes 158,224 188,174 162,588 Convertible Bonds - 24,196 19,140 Borrowed Money from Trust Account 2,474,250 2,186,388 2,736,497 Other Liabilities 98,102 405,215 162,680 Reserve for Bonus 1,842 - - Reserve for Retirement Benefits 632 3,358 923 Reserve for Contingent Liabilities Related to Loans Sold 2,039 3,868 3,944 Reserve for Supporting Specific Borrowers - 14,920 - Deferred Tax Liabilities Related to Revaluation Reserve for Land 7,265 6,950 7,265 Acceptances and Guarantees 330,827 263,231 342,717 Total Liabilities 7,801,223 7,198,401 7,534,866 Minority Interests 1,527 898 990 Stockholders' Equity: First Class, First Series Preferred Stock 40,000 40,000 40,000 First Class, Second Series Preferred Stock 100,000 100,000 100,000 Common Stock 140,536 140,536 140,536 Capital Surplus 252,676 252,676 252,676 Revaluation Reserve for Land, Net of Taxes 11,364 10,870 11,364 Retained Earnings (11,017) 49,735 24,011 Net Unrealized Losses on Securities, Net of Taxes (107,304) - - Foreign Currency Translation Adjustments (58) (1,889) (575) Treasury Stock - (1) (5) Total Stockholders' Equity 426,195 591,927 568,008 Total Liabilities, Minority Interests and Stockholders' Equity 8,228,946 7,791,227 8,103,865-3 -

Notes: (1) The Bank applies the following standard to assess the Trading Assets and the Trading Liabilities. Transactions for "trading purposes" are those seeking to capture gains arising from short-term market changes or from differences between markets for interest rates, currency exchange rates or securities. Such transactions are reported as Trading Assets and Trading Liabilities in the consolidated balance sheets for the six months ended September 30, 2001, on a trade date basis. Trading account securities and monetary receivables, etc. held for trading purposes are stated at market value at the end of the six months. Trading-related financial derivatives such as swaps, futures and options, etc. are valued on the assumption that they were settled at the end of the six months. (2) Available-for-sale securities with market value are carried at market value (cost of securities sold is determined by the moving average method), and available-for-sale securities with no market value are carried at cost or amortized cost, as determined by the moving average method. Net unrealized profits or losses on available-for-sale securities are directly reflected in the stockholders' equity. (3) Derivatives transactions, excluding those for trading purposes, are valued at fair value method. (4) As regards the depreciation of premises and equipment, buildings are depreciated using the straight line method and equipments are depreciated using the declining-balance method. The depreciation method hitherto for buildings has been changed from the declining-balance method to the straight line method as from the six months ended September 30, 2001. As a result of this change, the interim loss before income taxes decreased by 300 million yen, when compared with the method used hitherto. (5) Reserve for Possible Loan Losses is provided as follows in accordance with internal criteria regarding write-offs and reserves : (a) The reserve for claims on debtors who are legally or substantially bankrupt (Non-performing or Quasi Non-performing) is provided based on the remaining amount of the claims after the charge-off described below and the deductions of the amount expected to be collected through the disposal of collateral or the execution of guarantees. (b) The reserve for claims on debtors who are not currently legally bankrupt but are likely to become bankrupt is provided based on the amount necessary, given the overall solvency assessment of the debtors after deducting the amount expected to be collected through the the disposal of collateral or the execution of guarantees. (c) The reserve for claims on debtors other than the above is provided primarily based on the default rate, calculated by the actual defaults during a certain period in the past. (d) The Specific reserve for loans to certain refinancing countries is provided based on the expected loss amount considering the political and economic situations of such countries. With respect to the claims with collateral or guarantees on debtors who are legally or substantially bankrupt (Non-performing or Quasi Non-performing), the remaining amount of the claims after deduction of the amount which is deemed collectible through the disposal of collateral or the execution of guarantees was charged-off against the respective claims for the six months ended September 30, 2001. The amount of the charge-off was 146,912 million yen for the six months. The consolidated subsidiaries provide the Reserve for Possible Loan Losses as the amount deemed necessary to cover such losses, principally based on past experience and management's assessment of the loan portfolio. (6) Reserve for Possible Losses on Securities is provided for possible losses on securities and other investments based on the amount necessary, considering the financial condition of the issuing companies. - 4 -

(7) Reserve for Bonuses is provided for payment of bonuses to employees. Within the estimated amount payable to employees, the amount corresponding to the six months ended September 30, 2001, is recorded. This had hitherto been recorded under Other Liabilities. (8) Reserve for Retirement Benefit is provided for future pension payments to employees. The reserve is recorded based on the projected benefit obligation and pension plan asset amount at the end of the six months ended September 30, 2001. The unrecognized net obligation (13,370 million yen) is amortized pro rata over 5 years, and 6 /12 multiplied by the pro rata amount is recorded for the six months ended September 30, 2001. (9) Reserve for Contingent Liabilities Related to Loans Sold of the Bank is provided based on the estimated liabilities of future losses for the loans sold, considering the fair value of collateral of loans sold to the Cooperative Credit Purchasing Company, Limited. (10) The Bank adopts a macro hedging methodology using derivatives to manage the overall interest rate risk arising from various financial assets and liabilities held, such as loans and deposits. This macro hedging methodology is a risk management method stipulated as a "Risk Adjusted Approach" in "Tentative Accounting and Auditing Treatment relating to Adoption of 'Accounting for Financial Instruments' for Banks" (Japanese Institute of Certified Public Accountants. Industry Audit Committee Report No.15). Accordingly hedging items are accounted for using the deferral method of hedge accounting. Hedge effectiveness is assessed by checking (i) whether the total risk in relation to derivatives instruments, used as hedging instruments, is within established risk limits as set out in the risk management policy and (ii) whether the interest rate risk arising on hedged items has been reduced. Hedging against risks of forex fluctuations on foreign currency securities (other than bonds) is accounted for using the fair value method of hedge accounting. The deferral method for hedge accounting is also applied to certain assets or liabilities other than the above. Other hedging of the Bank's domestic consolidated subsidiaries adopt the deferral method for hedge accounting. (11) As at September 30, 2001 Loans to Bankrupt Companies and Other Delinquent Loans were 11,228 million yen and 106,457 million yen, respectively. (12) As at September 30, 2001 Loans Past Due 3 Months or More, other than Loans to Bankrupt Companies and Other Delinquent Loans, were 550 million yen. (13) As at September 30, 2001 Restructured Loans were 236,893 million yen. (14) The net realized and unrealized profits and losses arising on hedging instruments are included in Other Liabilities as deferred hedge profits. The gross amounts of deferred hedge profits and losses are 39,452 million yen and 41,582 million yen, respectively. - 5 -

(15) Market value, net unrealized profits/ losses and other information regarding securities are as follows. In addition to "Securities", trading account securities, negotiable due from banks and commercial paper under "Trading Assets", negotiable due from banks under "Cash and Due from Banks" and commodity funds under "Monetary Receivables Bought" are included. Trading Securities Book value as of September 30, 2001 Net profits/ losses reflected in the Statements of Income for the six months ended September 30, 2001 82,138 million yen 10 million yen Available-for-sale securities with market value As of September 30, 2001 Profits/Losses (Millions of Yen) Cost Book Value Net Profits Losses Stocks 808,412 654,245 (154,167) 17,703 171,871 Bonds 1,726,538 1,727,224 686 3,118 2,432 Japanese Government Bonds 1,600,765 1,599,225 (1,539) 775 2,314 Local Government Bonds 3,250 3,494 243 248 5 Corporate Bonds and Financial Debentures 122,522 124,505 1,982 2,094 112 Others 352,583 330,572 (22,011) 297 22,308 Total 2,887,535 2,712,043 (175,491) 21,119 196,611 Net Unrealized Profits/ Losses on Available-for-sale Securities, Net of Taxes, as of September 30, 2001, is (107,304) million yen: net unrealized profits / losses on available-for-sale securities shown in the above table of (175,491) million yen, plus deferred tax assets of 68,436 million yen, less minority interests equivalent of 247 million yen, plus parent bank's interest of (2) million in net unrealized profit/ loss of available-for-sale securities held by affiliates accounted for under the equity method. (16) The Bank sold available-for-sale securities during the six months ended September 30, 2001 as follows: Book value Profits on sale Losses on sale 1,509,161 million yen 49,331 million yen 10,252 million yen (17) Available-for-sale securities whose market value is not readily determinable As of September 30, 2001 (Millions of Yen) Book value Available-for-sale securities Beneficiary certificates of Loan Trusts 206,093 Unlisted stocks (excluding over-the-counter stocks) 39,182 Unlisted bonds 31,664-6 -

(18) The following is the redemption schedule of available-for-sale securities with maturity. (Millions of Yen / Year) 1 or less over 1 to 5 over 5 to 10 over 10 Bonds 90,113 1,113,440 230,354 324,981 Japanese Government Bonds 42,016 1,010,510 222,298 324,400 Local Government Bonds - 1,770 1,142 581 Corporate Bonds and Financial Debentures 48,097 101,159 6,913 0 Others 445,515 20,370 44,805 53 Total 535,628 1,133,811 275,159 325,034 (19) Pursuant to overdraft agreements and commitments to provide loans, the Bank may provide loans with customers up to certain limits. Among such limits, 921,284 million yen remains unused of which 874,487 million yen is based on contracts to be terminated within a year or revocable for the Bank at any time without any conditions. (20) Concurrent with the adoption of accounting standard for financial instruments, the following are adopted as from the six months ended September 30, 2001. (1) The net unrealized profits or losses from the marked-to-market valuation of available-for-sale securities, after taking deferred tax effects into account, are recorded as Net Unrealized Profits/ Losses on Available-for-sale Securities, Net of Taxes. As a result, 'Securities' decreased 175,491 million yen, and (107,304) million yen in 'Net Unrealized Profits/ Losses on Available-for-sale Securities, Net of Taxes' was recorded. (2) For dividends of stocks with market prices, these had hitherto been recorded as income for the fiscal year in which there was a resolution on the dividends at the shareholders' meeting or Board of Directors' meeting of the issuing company. But as from the six months ended September 30, 2001, concurrent with the marked-to-market valuation of available-for-sale securities, the accrued dividend amount based on the forecast dividend per share announced for each stock is estimated and recorded. Due to this change, the accrued income under 'Other Assets' increased 2,630 million yen, and loss before income taxes increased 2,630 million, when compared with the method hitherto. (21) Amounts less than one million yen are omitted. - 7 -

CONSOLIDATED STATEMENTS OF INCOME Six months ended September 30, Year ended 2001 2000 March 31, 2001 Millions of yen (Unaudited) (Unaudited) Income: Trust fees 32,146 19,213 56,111 Interest Income 49,472 61,029 103,459 Interest on Loans and Discounts 28,521 33,925 68,586 Interest on and Dividends from Securities 18,325 14,642 25,043 Fees and Commissions 23,955 25,592 47,522 Trading Revenue 456 421 886 Other Operating Income 17,789 3,639 12,435 Other Income 48,062 86,261 131,217 Total Income 171,882 196,158 351,632 Expenses: Interest Expenses 24,364 38,316 64,357 Interest on Deposits 9,269 11,232 23,669 Fees and Commissions 1,395 1,920 2,954 Trading Expenses - 722 474 Other Operating Expenses 12,875 1,203 1,814 General and Administrative Expenses 46,121 46,997 93,473 Other Expenses 143,180 71,332 187,628 Total Expenses 227,937 160,493 350,703 Income (Loss) before Income Taxes, & Minority Interests (56,055) 35,665 929 Provision for Income Taxes 539 516 1,043 Adjustment to Income Taxes Paid in Past Year 1,944 - - Deferred Income Taxes (21,270) 16,586 2,588 Minority Interests in Net Income 288 (948) (797) Net Income (Loss) (33,667) 19,510 (1,904) - 8 -

Notes: (1) Profits and losses on transactions for trading purposes are shown as "Trading Revenue" or "Trading Expenses" on the Statements of Income on a trade date basis. In the case of securities and monetary receivables, etc. held for trading purposes, Trading Revenue/Expenses includes the interest received/paid during the six months and the increase/decrease between the valuation profits/losses at the end of the six months and those at the end of the previous six months. In the case of trading-related financial derivatives, Trading Revenue/Expenses includes the interest received/paid during the six months and the increase/ decrease between the amounts of profits/losses based on the assumption that transactions were settled at the end of the six months and the previous six months. (2) Other Expenses for the six months ended September 30, 2001 includes payment of 55,640 million yen for the losses in principal indemnified trust accounts. (3) Other Expenses for the six months ended September 30, 2001 includes pension expenses of 2,677 million yen to amortize the unrecognized net obligation, pursuant to a change in accounting policy. (4) From this six months ended September 30, 2001, the Bank has adopted the Accounting Standard for Retirement Benefit stipulated in "Opinion Concerning the Establishment of Accounting Standards for Retirement Benefits" (Business Accounting Deliberation Council June 16, 1998). As a result, Income before Income Tax has decreased by 4,184 million yen, compared with the result that would have been presented if the previous year accounting methodology had been used. Reserve for Retirement Allowance and the amounts payable relating to previous years' service costs, etc. are included in the Reserve for Retirement Benefit. As a result of establishing a retirement benefit trust in the six months ended September 30, 2001, Income before Income Tax has increased by 9,015 million yen. (5) From this six months ended September 30, 2001, The Bank has adopted the Accounting Standard for Financial Instruments, and so the methodology adopted to value securities, derivative contracts, and the principles by which hedge accounting has been applied, have been modified. The effect of this change in accounting policy has been an decrease in Income before Income Tax of 954 million yen, compared with the result that would have been presented if the previous year accounting methodology had been used. (6) According to "Municipal Ordinance Relating to Special Business Tax Treatments for Banks i n Tokyo Metropolitan" (Tokyo Municipal Ordinance No.145 of 2000), the Bank reported b usiness tax in Tokyo Metropolitan, which used to be reported within Income Tax (deferred), within Other Expenses. In the six months ended September 30, 2001, the Bank reported 1,770 million yen in Other Expenses. (7) Amounts less than one million yen are omitted. - 10 -

CONSOLIDATED STATEMENTS OF RETAINED EARNINGS Six months ended Sep. 30, Year ended 2001 2000 Mar. 31, 2001 Millions of yen (Unaudited) (Unaudited) Balance at Beginning of the Fiscal Year 24,011 33,902 33,902 Additions: - - 930 Increase Resulted from Newly Consolidated Subsidiaries 930 Deductions: 1,362 3,678 8,916 Cash Dividends 1,362 3,676 7,353 Decrease Resulted from Exclusion of Subsidiaries Previously under Scope of Consolidation - 2 1,069 Decrease Resulted from Reversal of Revaluation Reserve for Land - - 493 Net Income (Loss) for the Fiscal Year (33,667) 19,510 (1,904) Balance at End of the Fiscal Year (11,017) 49,735 24,011 Note : Amounts less than one million yen are omitted. - 11 -

CONSOLIDATED STATEMENTS OF CASH FLOWS Six Months Ended September 30, Year ended 2001 2000 March 31, 2001 Millions of yen (Unaudited) (Unaudited) (Unaudited) Cash Flows from Operating Activities Income Before Income Taxes, & Minority Interests (56,055) 35,665 929 Depreciation 2,212 10,744 22,314 Amortization of Goodwill - 437 875 Equity in Earnings of Affiliates 1,307 148 799 Net Increase (Decrease) in Reserve for Possible Loan Losses 7,370 (53,643) (67,968) Net Increase (Decrease) in Reserve for Possible Losses on Securities (183) (30) 70 Net Increase (Decrease) in Reserve for Contingent Liabilities Related to Loans Sold (1,905) (1,860) (1,784) Net Increase (Decrease) in Reserve for Supporting Specific Borrowers - (18,903) (33,823) Net Increase (Decrease) in Reserve for Retirement Allowances - (3,599) (3,599) Net Increase (Decrease) in Reserve for Bonus (36) - - Net Increase (Decrease) in Reserve for Retirement Benefits (286) 3,358 927 Interest Income (49,472) (61,029) (103,459) Interest Expenses 24,364 38,316 64,357 Net (Gain) Loss on Securities 60,579 13,405 (10,246) Net (Gain) Loss on Money Held in Trust - (3,445) (3,445) Net (Gain) Loss on Exchanges 7,647 1,669 6,697 Net (Gain) Loss on Sales of Premises and Equipment 344 212 297 Net (Gain) Loss on Establishment of Pension Trust (2,078) - - Net (Increase) Decrease in Trading Assets 9,621 112,355 85,302 Net Increase (Decrease) in Trading Liabilities 1,109 (17,826) (6,587) Net (Increase) Decrease in Loans and Bills Discounted (179,347) 159,734 387,857 Net Increase (Decrease) in Deposits 30,812 373,788 (225,219) Net Increase (Decrease) in Negotiable Certificates of Deposit 389,360 (184,270) 308,410 Net Increase (Decrease) in Borrowed Money Excluding Subordinated Debt 13,695 (18,280) (21,144) Net (Increase) Decrease in Due from Banks (excluding Bank of Japan) 174,344 (260,212) (253,454) Net (Increase) Decrease in Call Loans and Monetary Receivables Bought (62,932) 77,120 70,693 Net Increase (Decrease) in Call Money and Other Fundings Related to Operating Activities 193,557 4,319 102,291 Net (Increase) Decrease in Foreign Exchanges (Assets) (151) 1,829 4,252 Net Increase (Decrease) in Foreign Exchanges (Liabilities) 54 0 (17) Net increase (Decrease) in Borrowed Money from Trust Account (262,727) (584,323) (34,215) Interest Received (47,600) 68,940 105,909 Interest Paid 23,533 (38,926) (67,243) Others, Net 66,437 (60,526) (394,061) Sub-total 343,573 (404,829) (64,280) Income Taxes Paid (Refunded) 95 1,341 697 Net Cash Provided by (Used in) Operating Activities 343,669 (403,488) (63,583) - 12 -

CONSOLIDATED STATEMENTS OF CASH FLOWS (CONTINUED) Six Months Ended September 30, Year ended 2001 2000 March 31, 2001 Millions of yen (Unaudited) (Unaudited) (Unaudited) Cash Flows from Investing Activities Purchases of Securities (2,390,033) (1,254,026) (3,154,889) Proceeds from Sales of Securities 1,558,138 677,474 2,030,183 Proceeds from Maturities of Securities 563,307 318,350 464,790 Increase in Money Held in Trust - - - Decrease in Money Held in Trust - 47,108 47,108 Expenditures for Premises and Equipment (1,510) (17,140) (29,015) Proceeds from Sales of Premises and Equipment 120 1,228 3,208 Proceeds from Sales of Consolidated Subsidiaries 10 40 40 Net Cash Provided by (Used in) Investing Activities (269,967) (226,964) (638,574) Cash Flows from Financing Activities Expenditures for Repayment of Subordinated Debt (2,000) (8,000) (11,000) Proceeds from Issuance of Subordinated Bonds 10,000 20,500 28,900 Redemption and Repurchase of Subordinated Bonds (21,546) (3,808) (48,272) Dividends Paid (1,362) (3,676) (7,353) Expenditures for Purchase of Treasury Stock - (15) (60) Proceeds from Sales of Treasury Stock - 14 55 Net Cash Provided by (Used in) Financing Activities (14,908) 5,014 (37,729) Effect of Exchange Rate Changes on Cash and Cash Equivalents (0) 156 188 Net Increase (Decrease) in Cash and Cash Equivalents 58,792 (625,281) (739,699) Cash and Cash Equivalents at Beginning of Fiscal Year 59,729 803,255 803,255 Decrease in Cash and Cash Equivalents Caused by Exclusion from Scope of Consolidation - (42) (3,826) Cash and Cash Equivalents at End of Interim period 118,522 177,930 59,729-13 -

BALANCE SHEETS (TRUST ACCOUNT) Six Months ended Sept. 30, Year ended Millions of yen 2001 2000 Mar. 31, 2001 Assets: Loans and Bills Discounted 1,509,587 2,154,155 1,767,754 Securities 13,957,449 13,175,297 12,796,772 Securities of Investment Trusts 8,451,471 9,327,486 7,401,596 Overseas Investments of Investment Trusts 1,171,259 836,164 934,340 Beneficiary Rights in Trust 97,949 271,557 131,525 Securities in Trust 229,785 197,353 202,693 Securities Lent 492,100 381,300 364,900 Money Claims 4,125,491 1,399,699 2,958,438 Premises and Equipment 628,303 522,794 570,943 Leasing Rights on Land 15,885 15,885 15,885 Other Claims 1,629,633 391,227 833,685 Bills Purchased - 5,000 1,010,000 Call Loans 1,987,957 2,351,801 3,778,728 Lending Money to Banking Account 2,474,250 2,186,388 2,736,497 Cash and Due from Banks 599,881 1,418,259 661,316 Total Assets 37,371,005 34,634,372 36,165,079 Liabilities: Money Trusts 8,923,936 8,380,261 8,428,003 Pension Trusts 4,508,080 4,469,785 4,494,590 Property Formation Trusts 4,527 4,653 4,481 Loan Trusts 2,747,327 3,562,096 3,302,042 Investment Trusts 15,500,500 14,033,815 15,744,706 Money in Trusts Other than Money Trusts 1,359,699 1,443,383 1,315,758 Securities in Trust 1,120,336 936,700 956,393 Money Claims in Trust 1,338,774 825,744 834,543 Equipment in Trust 124,484 108,945 108,674 Real Estate in Trust 104,771 117,087 111,223 Leasing Rights on Land in Trust 712 707 718 Composite Trusts 1,625,278 751,192 853,741 Other Trusts 12,573-10,203 Total Liabilities 37,371,005 34,634,372 36,165,079 Note: Amounts less than one million yen are omitted.

SEGMENT INFORMATION 1.Segment Information by Type of Business Concurrent with the business integration, as from the six months ended Sept.30, 2001, the significance of the business of consolidated companies is small. Therefore, segment information by type of business is not shown here. Previous Six Months Ended Trust Other Elimination and September 30, 2000 Banking Financial Total Corporate Assets Consolidated I Ordinary Income 177,997 17,199 195,197 (4,792) 190,405 (1)Ordinary Income from Outside Customers 177,073 13,331 190,405 - - (2)Internal Ordinary Income between Segments 924 3,867 4,792 (4,792) 190,405 II Ordinary Expense 146,297 17,025 163,322 (4,778) 158,543 Ordinary Profit (I-II) 31,700 174 31,875 (13) 31,861 Notes: 1. Amounts less than million yen are omitted. 2. In place of sales and operating profit, which are reported by companies in general, the bank discloses ordinary income and ordinary profit. 3. Other financial includes guarantee business, leasing and investment trust management and investment advisory services. 2.Segment Information by Location Concurrent with the closure of overseas branches and offices, as for the six months ended September 30, 2001, the six months ended September 30, 2000 and the fiscal year ended March 31, 2001, segment information is omitted. 3. Ordinary Income from Overseas Operations Ordinary income from overseas operations of the six months ended September 30, 2001, the six months ended September 30, 2000 and the fiscal year ended March 31, 2001, is less than 10% of total recurring income, Therefore, recurring Income from overseas operations for the fiscal year ended March 31, 2001 is not shown here. - 15 -

MARKET VALUE INFORMATION ON SECURITIES AND MONEY HELD IN TRUST The following includes Securities, "negotiable due from banks," contained in Cash and Due from Banks, and "commodity funds," contained in Monetary Receivables Bought. Amounts less than one million yen are omitted. A. End of September 30,2001 1. Available-for-sale Securities with Market Value As of September 30, 2001 Book Market Unrealized Profit/Loss Type Value Value Net Profit Loss Stocks 808,412 654,245 (154,167) 17,703 171,871 Bonds 1,726,538 1,727,224 686 3,118 2,432 Japanese Government Bonds 1,600,765 1,599,225 (1,539) 755 2,314 Local Government Bonds 3,250 3,494 243 248 5 Corporate Bonds and Notes 122,522 124,505 1,982 2,094 112 Others 352,583 330,572 (22,011) 297 22,308 Total 2,887,535 2,712,043 (175,491) 21,119 196,611 Market Value: Stocks: Average market value over one month period prior to the closing of the interim accounting period. Others: Market value at the end of the interim accounting period. 2. Securities without Market Value & Amount Reflected in Balance Sheets As of September 30, 2001 Type Book Value Available-for-sale Securities Beneficiary Certificates of Loan Trusts 206,093 Unlisted Stocks (excluding over-the-counter stocks) 39,182 Unlisted Foreign Securities 31,664 3. Unrealized Gains (Losses) on Available-for-sale Securities As of September 30, 2001 Type Book Value Net Unrealized Gains (Losses) (175,491) Available-for-sale Securities (175,491) Less: Deferred Tax Assets 68,436 Net Unrealized Gains (Losses), Net of Taxes (107,055) (before minority interests) Less: Minority Interests 247 Parent Company's Share of Net Unrealized Gains (Losses) Securities Held by Affiliates Accounted for under Equity Method 2 Net Unrealized Gains on Available-for-sale Securities, Net of Taxes (107,304) - 16 -

MARKET VALUE INFORMATION ON SECURITIES AND MONEY HELD IN TRUST B. End of September 30,2000 1. Available-for-sale Securities with Market Value As of September 30, 2000 Book Market Unrealized Profit/Loss Type Value Value Net Profit Loss Stocks 979,611 1,014,491 34,880 145,865 110,985 Bonds 1,156,580 1,157,497 916 3,900 2,984 Japanese Government Bonds 1,032,000 1,029,507 (2,493) 287 2,781 Local Government Bonds 3,776 3,923 147 161 14 Corporate Bonds and Notes 120,804 124,067 3,263 3,451 188 Others 424,334 422,069 (2,265) 222 2,488 Total 2,560,527 2,594,058 33,531 149,988 116,457 Market Value: Market value at the end of the interim accounting period. Mark to the market method is not applied. 2. Securities without Market Value & Amount Reflected in Balance Sheets As of September 30, 2000 Type Book Value Available-for-sale Securities Unlisted Stocks (excluding over-the-counter stocks) 45,330 Unlisted Bonds 15,688 Unlisted Foreign Securities 14,894 3. Unrealized Gains (Losses) on Available-for-sale Securities (Trial Base) As of September 30, 2000 Type Book Value Net Unrealized Gains (Losses) 33,531 Available-for-sale Securities 33,531 Less: Deferred Tax Liabilities 13,138 Net Unrealized Gains (Losses), Net of Taxes 20,392 (before minority interests) Less: Minority Interests 807 Parent Company's Share of Net Unrealized Gains (Losses) Securities Held by Affiliates Accounted for under Equity Method - Net Unrealized Gains on Available-for-sale Securities, Net of Taxes 19,584-17 -

MARKET VALUE INFORMATION ON SECURITIES AND MONEY HELD IN TRUST C. End of March 31,2001 1. Available-for-sale Securities with Market Value As of March 31, 2001 Book Market Unrealized Profit/Loss Type Value Value Net Rrofit Loss Stocks 977,421 895,889 (81,532) 82,260 163,793 Bonds 1,464,015 1,472,142 8,126 8,304 178 Japanese Government Bonds 1,328,032 1,332,508 4,475 4,600 124 Local Government Bonds 1,536 1,742 206 206 - Corporate Bonds and Notes 134,447 137,890 3,443 3,497 53 Others 523,733 514,217 (9,516) 869 10,385 Total 2,965,171 2,882,248 (82,922) 91,434 174,357 Market Value: Market value at the end of the accounting period. Mark to the market method is not applied. 2. Securities without Market Value & Amount Reflected in Balance Sheets As of March 31, 2001 Type Book Value Available-for-sale Securities Beneficiary Certificates of Loan Trusts 89,342 Unlisted Stocks (excluding over-the-counter stocks) 42,326 Unlisted Foreign Securities 26,065 Unlisted Bonds 18,119 3. Unrealized Gains (Losses) on Available-for-sale Securities (Trial Base) As of March 31, 2001 Type Book Value Net Unrealized Gains (Losses) (82,922) Available-for-sale Securities (82,922) Less: Deferred Tax Liabilities 32,311 Net Unrealized Gains (Losses), Net of Taxes (50,610) (before minority interests) Less: Minority Interests (437) Parent Company's Share of Net Unrealized Gains (Losses) Securities Held by Affiliates Accounted for under Equity Method - Net Unrealized Gains on Available-for-sale Securities, Net of Taxes (50,172) - 18 -

MARKET VALUE INFORMATION ON DERIVATIVES TRANSACTIONS 1. Interest Related Transactions As of September 30, 2001 As of September 30, 2000 Contractual Market Unrealized Contractual Market Unrealized Type Value Value Profits/Losses Value Value Profits/Losses Over-the-Counter Interest Rate Swaps 1,412,384 46 46 131,218 930 930 Others (19,159) 4,587 (544) 871 (10) 330,231 4,587 25 871 25 Total 36 955 Notes: (1) The above Profits/Losses are stated on the Consolidated Statements of Income. Derivatives transactions to which hedge accounting is applied are excluded. 2. Currency Related Transactions As of September 30, 2001 As of September 30, 2000 Contractual Market Unrealized Contractual Market Unrealized Type Value Value Profits/Losses Value Value Profits/Losses Over-the-Counter Currency Swaps - - - 1,832 161 161 Notes: (1) The above Profits/Losses are stated on the Consolidated Statements of Income. Derivatives transactions, to which hedge accounting is applied, and transactions stated in the Note (2) below are excluded. (2) Certain Currency Swaps have been excluded from table 2. above, since such Currency Swaps have been accounted for by using the accrual method of accounting based on "Tentative Auditing Treatment relating to Adoption of 'Revised Accounting for Foreign Currency Transaction' for Banks." (The Japanese Institute of Certified Public Accountants April 10, 1999) The Contractual Value etc. of such Currency Swaps accounted for on an accrual method is as follows: As of September 30, 2001 As of September 30, 2000 Contractual Market Unrealized Contractual Market Unrealized Type Value Value Profits/Losses Value Value Profits/Losses Currency Swaps 25,615 1,391 1,391 87,694 668 668-19 -

(3) Foreign exchange forward contracts, currency options and some other transactions are excluded from the above table, since they are revalued at the end of the fiscal year and their profits and losses are effected to the Consolidated Statements of Income of the Bank or they are attached to foreign currency based receivables/payables, which are reflected to Consolidated Balance Sheets or eliminated in consolidation process. Set forth below are contractual values of foreign exchange related transactions reflected in the Statements of Income by revaluation at the dates i ndicated. As of September 30, 2001 As of September 30, 2000 Type Book Value Book Value Over-the-Counter Foreign Exchange Forward Contracts 12,910 1,713,979 Currency Options - 216 3. Equity Related Transactions There are no equity related transactions. 4. Bond Related Transactions As of September 30, 2001 As of September 30, 2000 Unrealized Unrealized Type Contractual Value Market Value Profits/Losses Contractual Value Market Value Profits/Losses Standardized Bond Futures - - - 8,415 (59) (59) Over-the-Counter - - - - - - Total - - - (59) Notes: The above Profits/Losses are stated on the Consolidated Statements of Income. Derivatives Transactions to which hedge accounting is applied are excluded. 5. Commodity Related Transactions There are no commodity related derivatives transactions. 6. Credit Derivatives Related Transactions There are no credit derivatives related transactions. - 20 -

MARKET VALUE INFORMATION ON DERIVATIVES TRANSACTIONS 1. Interest Related Transactions As of March 31, 2001 Unrealized Type Contractual Value Market Value Profits/Losses Over 1 year Standardized - - - - Over-the-Counter Interest Rate Swaps Receipts Fixed, Payments Floating 638,169 608,860 18,124 18,124 Receipts Floating, Payments Fixed 647,357 582,580 (17,189) (17,189) Basis Swaps 183,580 150,580 (45) (45) Others Sold 144,013 108,913 2,165 (207) Bought 118,536 92,036 1,532 4,587 188 871 Total 4,587 871 Notes: (1) The above Profits/Losses are stated on the Consolidated Statements of Income. Derivatives transactions to which hedge accounting is applied are excluded. 2. Currency Related Transactions As of March 31, 2001 Unrealized Type Contractual Value Market Value Profits/Losses Over 1 year Over-the-Counter - - - - Total Notes: (1) The above Profits/Losses are stated on the Consolidated Statements of Income. Derivatives transactions, to which hedge accounting is applied, and transactions stated in the Note (2) below are excluded. (2) Certain Currency Swaps have been excluded from table 2. above, since such Currency Swaps have been accounted for by using the accrual method of accounting based on "Tentative Auditing Treatment relating to Adoption of 'Revised Accounting for Foreign Currency Transaction' for Banks." (The Japanese Institute of Certified Public Accountants April 10, 1999) The Contractual Value etc. of such Currency Swaps accounted for on an accrual method is as follows: As of March 31, 2001 Unrealized Type Contractual Value Market Value Profits/Losses Currency Swaps 39,057 1,735 1,735-21 -

(3) Foreign exchange forward contracts, currency options and some other transactions are excluded from the above table, since they are revalued at the end of the fiscal year and their profits and losses are effected to the Consolidated Statements of Income of the Bank or they are attached to foreign currency based receivables/payables, which are reflected to Consolidated Balance Sheets or eliminated in consolidation process. Set forth below are contractual values of foreign exchange related transactions reflected in the Statements of Income by revaluation at the dates i ndicated. As of March 31, 2001 Type Book Value Standardized - Over-the-Counter Foreign Exchange Forward Contracts Sold 454,921 Bought 464,585 3. Equity Related Transactions There are no equity related transactions. 4. Bond Related Transactions As of March 31, 2001 Unrealized Type Contractual Value Market Value Profits/Losses Over 1 year Standardized Bond Futures Sold 976-3 3 Bought - - - - Over-the-Counter - - - - Total 3 3 Notes: The above Profits/Losses are stated on the Consolidated Statements of Income. Derivatives Transactions to which hedge accounting is applied are excluded. 5. Commodity Related Transactions There are no commodity related derivatives transactions. 6. Credit Derivatives Related Transactions There are no credit derivatives related transactions. - 22 -