TAKEFUJI CORPORATION   15-1 Nishi-Shinjuku 8-chome,Shinjuku-ku, Tokyo 163-8654 Japan September 29, 2006 For release    Immediately Representative Hikaru Kondo, President Contact Investor Relations Tel: 81-3-3365-8011 Fax: 81-3-3365-8070 Stock Code No. 8564 TYOSE Notice of cessation of "Consumer Group Credit Life Insurance" Takefuji Corporation ("the Company") announced the "Consumer Group Credit Life Insurance" contracts will be terminated on October 31, 2006 and new applications for the life insurance coverage for new customers will be ceased effective from November 1, 2006. Based on our corporate principle of Customer First from the foundation, the Company has been offering various products of unsecured, un guaranteed and small lot loans to customers as "people's familiar financial institution". We understand that the current circumstances surrounding consumer finance industry and customer's requirement have been changing. Considering such backgrounds, the corporate decision was made synthetically for this insurance coverage scheme after reviewing the factors involved in the business operations, whether it is proper to offer this service at our expense, evaluating the cost related to insurance premium and more importantly customer's choice. Going forward, in case a customer unfortunately passed away, we would like to respond in accordance with the rules and regulations after taking into deep consideration the situation of the bereaved family. Back by Takefuji co.