Cyberagent Incorporated · TSE:4751

Cyberagent — FY2003 Earnings Presentation

51 slides from Cyberagent's earnings presentation, 2003

1. Slide 1: CyberAgent

   http://www.cyberagent.co.jp/ 1

2. Slide 2: *# * * *

   & CyberAgent *# * 2 * *

3. Slide 3: & CyberAgent

   & CyberAgent

4. Slide 4: +

   & CyberAgent +

5. Slide 5: & CyberAgent

   & CyberAgent

6. Slide 6: 6

   6

7. Slide 7: & CyberAgent

   & CyberAgent

8. Slide 8: ntl

   ntl

9. Slide 9: 1,707 1,834 1,656 1,662 1,318 1,264 1,085

   1,707 1,834 1,656 1,662 1,318 1,264 1,085 927 685 610 578 9

10. Slide 10: 29 77 81 20 24 22 25 28 25 26 34 35 10

    278 272 243 259 198 204 169 142 87 188 172 112 133 128 123 129 77 81 20 24 22 25 28 25 26 34 35 10

11. Slide 11: ca UH

    ca UH

12. Slide 12: ie Eel

    & CyberAgent ie Eel ETE 12

13. Slide 13: & CyberAgent

    & CyberAgent

14. Slide 14: & CyberAgent

    & CyberAgent

15. Slide 15: & CyberAgent

    & CyberAgent

16. Slide 16: & CyberAgent

    & CyberAgent 16

17. Slide 17: & CyberAgent

    & CyberAgent 17

18. Slide 18: & CyberAgent

    & CyberAgent 18

19. Slide 19: 19

    19

20. Slide 20: [ ] 01/9 02/9 03/9

    [ ] 01/9 02/9 03/9 20

21. Slide 21: 00/10-01/9 01/10-02/9 02/10-03/9

    00/10-01/9 01/10-02/9 02/10-03/9 21

22. Slide 22: & CyberAgent

    & CyberAgent 22

23. Slide 23: & CyberAgent

    & CyberAgent 23

24. Slide 24: & CyberAgent

    & CyberAgent 24

25. Slide 25: & CyberAgent

    & CyberAgent 25

26. Slide 26: & CyberAgent

    & CyberAgent 26

27. Slide 27: & CyberAgent

    & CyberAgent 27

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29. Slide 29: , , , , , , , , , , , , , ,

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30. Slide 30: & CyberAgent

    & CyberAgent 30

31. Slide 31: & CyberAgent

    & CyberAgent 31

32. Slide 32: & CyberAgent

    & CyberAgent 32

33. Slide 33: 33

    33

34. Slide 34: & CyberAgent

    & CyberAgent 34

35. Slide 35: & CyberAgent

    & CyberAgent 35

36. Slide 36: & CyberAgent

    & CyberAgent 36

37. Slide 37: & CyberAgent

    & CyberAgent 37

38. Slide 38: & CyberAgent

    & CyberAgent 38

39. Slide 39: & CyberAgent

    & CyberAgent 39

40. Slide 40: & CyberAgent

    & CyberAgent 40

41. Slide 41: CyberAgent

    CyberAgent

42. Slide 42: * + + DD

    & CyberAgent * + + DD 42

43. Slide 43: 43

    43

44. Slide 44: -Vv

    & CyberAgent -Vv 44

45. Slide 45: & CyberAgent

    & CyberAgent 45

46. Slide 46: & CyberAgent

    & CyberAgent 46

47. Slide 47: & CyberAgent

    & CyberAgent

48. Slide 48: ,

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49. Slide 49: & CyberAgent

    & CyberAgent 49

50. Slide 50: & CyberAgent

    & CyberAgent 50

51. Slide 51: * + +

    & CyberAgent * + + 0 51

CyberAgent — FY2003 Earnings Presentation on 6ix