Kinbasha Gaming International, Inc. Announces 1-for-12 Common Stock Reverse Split

Kinbasha Gaming International, Inc. (the “Company”) (Pink Sheets: KNBA), owner and operator of retail gaming centers in Japan, today announced a reverse split of the Company's outstanding shares of common stock on a one-for-twelve (1:12) ratio (the "Reverse Split") which will be effective on or about Tuesday, March 13, 2012.

The Reverse Split reduces the number of outstanding shares of common stock from approximately 92,972,381 shares to approximately 7,747,699 shares. The Reverse Split will not have any effect on the percentage ownership of holders of the Company's common stock. The Company's shares will trade under the symbol "KNBAD" with a "D" added for 20 trading days after the reverse split is accomplished, to signify that the reverse stock split has occurred. A new CUSIP number has been assigned to the Company's common stock as a result of the reverse split.

"We are pleased to make this announcement as we seek to improve the marketability and liquidity of Kinbasha’s common stock and increase our potential viability as an investment opportunity," said Masatoshi Takahama, Chief Executive Officer. “Specifically, we believe the higher split-adjusted stock price will make it easier to effect transactions in our stock, broaden our potential audience and shareholder base and ultimately enhance our valuation. As we grow our operations in Japan, this decision will also help better position Kinbasha for our long-term goal of applying for a listing on a senior exchange such as NASDAQ or NYSE Amex, as soon as we meet the listing requirements.”

Shareholders whose shares are held in their brokerage accounts will have their ownership position adjusted automatically, without taking any further action. Shareholders who are currently holding common share certificates in paper form should note on the certificate the “post-split” number of common shares represented by the certificate. To get this number, take the face amount of the shares on the certificate and divide by 12. If the result has a fraction of a share, round up to one full share.

Investors can opt to send their certificates into the transfer agent and have new certificates reissued, but the transfer agent will charge a small fee for this exchange. Shareholders are welcome to contact the transfer agent, Continental Stock Transfer & Trust Co., at: 212-509-4000 ext. 206, or by e-mail at: cstmail@continentalstock.com.

In all cases the transfer agent will adjust the Company's shareholders records to reflect the Reverse Split and the resulting number of post-split shares by each shareholder.

About Kinbasha Gaming International, Inc.

Kinbasha Gaming International, Inc. is a Florida corporation that acquired its operating subsidiary, Kinbasha Co., Ltd. (“Kinbasha”), through a reverse merger in January 2011. Based in Hitachi City, Japan, Kinbasha is a retail gaming company with plans for expansion in Japan’s gaming and food and beverage industries. Founded in 1957, currently Kinbasha’s principal business is the ownership and operation of retail gaming establishments in Japan which offer customers the opportunity to play the game of chance known as Pachinko. Pachinko is played on a device which resembles a slot machine. Kinbasha currently employs over 1,000 people and owns 21 Pachinko Parlors in the prefectures of Chiba, Ibaraki and Tokyo. In addition, the company also owns three mid-size restaurants in Japan which offer traditional Japanese cuisine.

Safe Harbor Statement

This release contains certain "forward-looking statements" relating to the business of the Company and its subsidiary companies. All statements, other than statements of historical fact included herein are "forward-looking statements" including statements regarding: the Company's business and operations; business strategy, plans and objectives of the Company and its subsidiaries; and any other statements of non-historical information. These forward-looking statements are often identified by the use of forward-looking terminology such as "believes," "expects" or similar expressions, involve known and unknown risks and uncertainties. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company's periodic reports that are filed with the Securities and Exchange Commission and available on its website (http://www.sec.gov). All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.

Kinbasha Gaming (CE) (USOTC:KNBA)
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