Appointment of Executive Officers

3/25/11

Daiwa Securities Group Inc.

Press Release

Attention
This document is an unofficial translation of a press release announced on March 25, 2011 by Daiwa Securities Group Inc. The original press release is in Japanese.

Daiwa Securities Group Inc. hereby announces the appointment of executive officer‚“ as follows.

[ Daiwa Securities Co. Ltd. ]
1. Executive Officer
1) Reappointment (As of April 1, 2011)
Senior Managing Director Koichi Matsushita
(Present: Senior Managing Director)

[ Daiwa Securities Capital Markets Co. Ltd. ]
1. Executive Officer
1) New (As of April 1, 2011)
Senior Managing Director Koichi Matsushita
(Present: Senior Managing Director of Daiwa Securities Co. Ltd.)

End