Nomura Appoints New Co-Head of Asia Equity Capital Markets

Hong Kong, July 3, 2007 – Nomura announced today that it has appointed Philippe Espinasse as Co-Head of Asia Equity Capital Markets ("ECM") in the Asia Investment Banking Division, based at Nomura's Asia headquarters in Hong Kong.

Mr. Espinasse was previously Head of Asia ECM at Macquarie Securities in Hong Kong, where he was responsible for the origination and execution of equity and equity-linked transactions in the region. Prior to working at Macquarie Securities, he spent more than eleven years with UBS (initially joining S.G.Warburg) in various Debt and Equity Capital Markets positions in Europe, and as Head of Equity Corporate Finance for Asia.

Mr. Espinasse will work alongside Mr. Tokihiko Kusano, Co-Head of Asia Equity Capital Markets to originate and execute transactions, and develop Nomura's ECM market share throughout Asia. Mr. Espinasse will report to Mr. Minoru Shinohara, Head of the Asia Investment Banking Division.

Mr Shinohara commented on the appointment: "We are delighted to welcome Philippe to Nomura. He has an excellent track record and is ideally qualified to drive the growth of our Equity Capital Markets business in Asia."

Nomura's Asia investment banking team provides services in the origination, structuring, syndication, marketing and placement of Asian equities for corporate, institutional, and government clients. It also offers a full range of corporate finance services including execution and transaction advisory, equity fund raising and corporate broking.

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For further information please contact:

Name	Company	Telephone
Icy Chua	Corporate Communications Nomura International Hong Kong	+ 852 2536 1606

Notes to editors:

Nomura Group

Nomura is a global financial services group dedicated to providing a broad range of financial services for individual, institutional, corporate and government clients. The Group offers a diverse line of competitive products and value-added financial and advisory solutions through its global headquarters in Tokyo, over 150 branches in Japan, and an international network in 30 countries; with regional headquarters in Hong Kong, London, and New York. The Group's business activities include investment consultation and brokerage services for retail investors in Japan, and, on a global basis, brokerage services, securities underwriting, investment banking advisory services, merchant banking, and asset management. For further information about Nomura please visit our website at www.nomura.com.

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