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Konami Showcases Gradius™ V At Electronic Entertainment Expo 2003

Gradius™ V Blasts onto PlayStation® 2 in Winter 2003 – Continues in Konami’s Longest Running Shooting Franchise

Electronic Entertainment Expo Booth #900 – May 14, 2003 – Los Angeles, CA – Konami of America, Inc., a subsidiary of Konami Corporation (NYSE: KNM), today offered gamers an opportunity to play – for the first time ever – Gradius™ V for Sony PlayStation® 2 computer entertainment system. Continuing Konami’s longest running shooting franchise, the latest installment in the series features the classic Gradius™ action gameplay with all new features, including new Option Controls, original level designs, new weapons, captivating missions and dazzling nextgeneration graphics.

Featuring the return of the Vic Viper and the series’ classic side-scrolling blasting action, Gradius V offers players access to 12 upgradeable power-ups including the new Option Bomb and Option Stock to heighten power and gameplay. In addition, the new Option Controls feature and beautifully designed levels create new challenges and obstacles for gamers to blast through seven intense stages of classic arcade style action. Gradius™ V is expected to launch in Winter 2003.

To learn more about Gradius™ V as well as other Konami titles, please visit the Konami booth #900 in the Los Angeles Convention Center between May 14 – May 16, or go online to: http://www.konami.com/gradius5

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About KONAMI CORPORATION

Konami Corporation is a leading developer, publisher and manufacturer of electronic entertainment properties, specializing in the home video game market. Konami Corporation’s action and adventure titles include the popular franchises Metal Gear Solid, Silent Hill and Castlevania, among other top sellers. The latest information about Konami can be found on the Web at www.konami.com. Konami Corporation is a publicly traded company based in Tokyo, Japan with subsidiary offices, Konami of America, Inc. in the US and Konami of Europe in Frankfurt, Germany. Konami Corporation, the parent company of Konami of America, Inc. is traded in the United States on the New York Stock Exchange under the ticker symbol KNM. Details of the products distributed by

Konami of America, Inc. can be found at www.konami.com/usa.



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Gradius V (PS2)