CyberAgent Announes Business and Capital Tie-Up with J. League Tokyo Verdy 1969 and Signing of Uniform Sponsorship Agreement.

Tokyo, Japan, Apr 7, 2006 - (JCN Newswire) - Nippon Television Football Club Co., Ltd. and cybeAgent have today reached an agreement on a business and capital alliance With the aim of increasing the audience, raising merchandising sales and vitalizing the interaction with supporters of Verdy. CyberAgent will support Verdy's PR and marketing activities by utilizing our Internet know-how. At the same time, we expect the effects such as improving the company's publicity and increasing the membership in "Ameba"(http://www.ameba.jp/), an Internet media format operated by CyberAgent.

Together with this business and capital alliance, CyberAgent's President and CEO Susumu Fujita and Director Go Nakayama have been appointed as Directors of Verdy. It will be officially decided at the general meeting of shareholders scheduled to be held on April 18, 2006.The company has also signed an agreement with Verdy to be the team's continuous main sponsor for uniforms following the previous period.

1. Purpose of the business and capital alliance--

Despite CyberAgent and Verdy having different active fields such as Internet and football, the two companies have three terms in common; "rookie", "green" and "shibuya" and both keep striving for excellence. We are expecting the mutual generation of new value through the synergetic effect where this alliance and sponsorship agreement allows.

CyberAgent will contribute to Verdy's further growth as a team deeply loved by a great number of upporters by creating communication opportunities using Internet. As we advocate its slogan of keep growing and evolving in the field of Internet, the company is also eager to contribute to the activation of the Internet industry, aiming for the realization of such an environment where more people including young and old become familiar with the Internet and utilize various online services through the field of sports.

2. Capital tie-up and underwriting of allocation of new shares to a third party--

CyberAgent will take over Verdy shares from Nippon Television Network Corporation (Head office: Minato-ku, Tokyo; Representative Director: Seiichiro Ujiie, Kohei Manabe and Shintaro Kubo; Code: 9404, TSE 1st Section, hereinafter; Nippon TV), where 78% of Verdy shares are held, and underwrite the allocation of new shares and acquire 48.1% of total shares issued by Verdy simultaneously. Verdy will 2 continue to be a consolidated subsidiary of Nippon TV and will become an equity method company of CyberAgent. The due date of the final acquisition payment is scheduled for April 18, 2006.

About CyberAgent, Inc.

CyberAgent (TSE: 4751) is a leading on-line advertising agency and media representative company. Established in 1998, and listed on the Tokyo Mothers Exchange in 2000, the CyberAgent group is committed to contributing to a new society through its work on the internet, not only in its fields of advertising and media, but through finding promising new business, and investing aggressively in developing new business. Today, the Group's activities grown to include "Internet Media Business - Advertising, EC (Sales), EC (Agency/Fee Collection), Other", "Internet Advertising Business - Company/Tie-Up Media, Other-Company Media, Other", and most recently "Investment Development Business." For more information, please visit http://ir.cyberagent.co.jp/ir_e/index.php.

Source: CyberAgent, Inc.

Contact:

CyberAgent
Public and Investor Relations Group
Akiko Kashiwa
[e-mail]
Tel: [phone]

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