Nippon Television Network Corporation (the "Company") has adopted a plan for countermeasures to large-scale acquisitions of the shares in the Company (takeover defense measures) based on the approval of its shareholders obtained at the 73rd Ordinary General Meeting of Shareholders held on June 29, 2006 (the "2006 Shareholders Meeting"). The plan is effective until the conclusion of the ordinary general meeting of shareholders for the final fiscal year ending within one year after the conclusion of the 2006 Shareholders Meeting.

In anticipation of the expiry of the plan's effective period expected at the conclusion of the 74th Ordinary General Meeting of Shareholders of the Company scheduled for June 28, 2007 (the "Shareholders Meeting"), the Company has, as a result of further considerations in light of circumstances such as the amendments to laws and ordinances, decided at its board of directors meeting held on May 17, 2007 to establish a basic policy regarding the persons who control decisions on the Company's financial and business policies (Article 127 of the Enforcement Regulations of the Corporation Act; the "Basic Policy") and to renew its plan for countermeasures to large-scale acquisitions of the shares in the Company with necessary amendments (takeover defense measures) (the renewed plan is referred to in this press release as the "Plan") as a measure to prevent decisions on the Company's financial and business policies from being controlled by persons viewed as inappropriate under the Basic Policy (Article 127, Item (ii)(b) of the Enforcement Regulations of the Corporation Act). The renewal will be subject to shareholder approval at the Shareholders Meeting.
 

Renewal of Countermeasures.pdf(138KB/36page)