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March 8, 2005

Kirin Brewery Repurchased Shares through ToSTNeT-2
TOKYO, March 8, 2005 --- Kirin Brewery Company, Limited (Kirin) has repurchased its ordinary shares under Article 211 Clause 3, Section 1-2 of the Commercial Code of Japan. Details are as follows:

1. Reason for repurchase
Systematic implementation of financial policies in a changing operating environment

2. Method of repurchase
At 0845 hrs on March 8, 2005, through the Tokyo Stock Exchange ToSTNeT-2 (closing price transaction) system, Kirin has repurchased its ordinary shares at 1,105 yen per share, the closing price on March 7, 2005.

3. Outline of transaction result
(1) Class of shares repurchased Kirin ordinary shares
(2) Repurchased share price 1,105 yen per share
(3) Number of shares repurchased 9,000,000 shares
(0.91 % of total shares outstanding)
(4) Total value of shares repurchased 9,945,000,000 yen
Reference: Contents of the resolution at the board meeting regarding repurchase of shares
(resolved on March 7, 2005)
Type of shares to be repurchased Kirin ordinary shares
Aggregate number of shares to be repurchased 9 million shares at a maximum
Value of shares to be repurchased 9.945 billion yen at a maximum

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