Nomura Announces Organizational Changes

Tokyo, June 27, 2007 – Nomura Holdings, Inc. today announced the following organizational changes, effective July 1, 2007.

1. The following seven departments will be newly established to expand the management structure of Nomura Group. The new structure will now consist of 19 departments.¹
   • Legal Dept.
   • Group Compliance Dept.
   • Group Risk Management Dept.
   • Group Finance Dept.
   • Group Treasury Dept.
   • Controller's Dept.
   • Investor Relations Dept.

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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.

*1
In addition to the seven departments outlined above there is a General Affairs Dept., Corporate Planning Dept., Tax Management Dept., IT Innovation Planning Dept., IT Policy and Governance Support Dept., Group Corporate Communications Dept., Group Human Resources Development Dept., Corporate Citizenship Dept., Nomura Group Internal Audit Dept., Ethics & Discipline Dept., Secretariat, and Office of Audit Committee.

*Accompanying this organizational change, the Nomura Group Headquarters in Nomura Securities will be abolished.

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