Usen President Sells Livedoor Shares To Morgan Stanley Company

TOKYO (Nikkei/Dow Jones)-- Usen Corp. (4842.HS) president Yasuhide Uno hasagreed to sell 1,337,400 Livedoor shares he holds to a Morgan Stanley -affiliatedcompany.

The selling price and other details of the deal have not been revealed.

Uno said he initially bought Livedoor shares to provide support as a stableshareholder for the troubled Internet service provider's new management team.Uno believes this initial goal has been reached and he is now willing to partwith the shares.

Uno said his company, an operator of cable broadcasting systems, is stillworking to build friendly relations with Livedoor, but at this point it is notconsidering a capital alliance.

(END) Dow Jones Newswires 08-03-07 0312ET Copyright (c) 2007 Dow Jones & Company, Inc.