Trend Micro Invests in SOFTBANK INTERNET FUND

Tokyo, Japan - December 1, 1999 - Trend Micro Inc. (NASDAQ: TMIC; Japan OTC: 4704), a leading provider of centrally managed Internet virus protection and content filtering products and services, today announced that it invested an amount of 12.5 million Japanese Yen (approximately $122,000) in SOFT TREND CAPITAL CORPORATION, a Japanese corporation which is indirectly owned by SOFTBANK Corp., and 960 million Japanese Yen (approximately $9.4 million) in SOFTBANK INTERNET FUND, a venture capital fund managed by SOFT TREND CAPITAL CORPORATION.

SOFT TREND CAPITAL CORPORATION

Company Name: SOFT TREND CAPITAL CORPORATION
Address: Nishimoto-kosan Nishikicho Bldg. 11F
3-23 Kanda-nishikicho, Chiyoda-ku
Tokyo 101-0054, Japan
Representative: Yoshitaka Kitao, President & CEO
Establishment Date: April 27, 1999
Capital: 50 million Japanese Yen (approximately $489,000)
(prior to the investment by Trend Micro)
Primary Business Purpose: Management of SOFTBANK INTERNET FUND

SOFTBANK INTERNET FUND

SOFTBANK INTERNET FUND was established on July 1, 1999, for the purpose of making investments in Internet-related companies. The investors of the fund include financial institutions, trading companies, venture capital funds, universities, technology companies, publishers, music companies and manufacturers.