NOMURA News Release

Nomura Announces Changes in Executive Officers

Tokyo, May 15, 2007 – Nomura Holdings, Inc.(NHI)today announced the following management changes.

A. Changes in NHI Directors and Executive Officers (effective June 27, 2007)

Directors

Retiring

Nobuyuki Shigemune

(to be appointed Advisor, Nomura Securities Co., Ltd.)

Newly Appointed

Masanori Itatani

Executive Officers

Retiring

Masanori Itatani, Executive Managing Director

Promoted

Hideyuki Takahashi, Executive Managing Director

(currently Senior Managing Director)

B. Appointment of Head of Internal Audit (effective June 27, 2007)

Hideyuki Takahashi, Executive Managing Director

(currently Head of Regional Management, Americas)

C. Appointment of Head of Regional Management, Americas (effective June 27, 2007)

Shigesuke Kashiwagi, Senior Managing Director

(currently Co-Head, Regional Management of Americas)

Ends

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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