J:COM, Jupiter TV Complete Merger

TOKYO -- Jupiter Telecommunications Co., Ltd. (J:COM; JASDAQ: 4817), the largest multiple system operator(MSO) in Japan, will merge with Jupiter TV Co., Ltd., the largest multiple channel operator in Japan, on September 1,2007. With this merger, J:COM will implement the following organizational and personnel changes.

The merger will enable J:COM to further develop its content creation and distribution businesses to provide viewers withthe programs they require and create consistent services. Moreover, the merger will add value to the whole group byenabling J:COM to further strengthen its position in the multiple pay channel broadcasting market and expand itsbusiness.

Jupiter Telecommunications Co. Ltd. (J:COM)