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Translation
July 30, 2007
Important special remarks
Acquisition and cancellation of treasury stocks
The Company acquired the Class III and the Class IV preferred stocks on July 11, 2007, with the resolutions for
acquisition prices of treasury stocks (the Class III and the Class IV preferred stocks), etc., at the extraordinary board of
directors meeting held on June 28, 2007.
The treasury stock acquired thus were cancelled with the resolutions for the cancellation of the treasury stocks
(the Class IIIpreferred stocks and the Class IV preferred stocks) at the regular board of directors meeting held on July 27, 2007.
(1) Reasons for acquisition of treasury stocks
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To avoid potential dilution of values of the common stocks and alleviate the burden of dividends payable. |
(2) Class and Number of stocks acquired
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Class III preferred stocks |
25,000,000 shares |
| (Ratio of the Class III preferred stock acquired to the total number of the outstanding Class III preferred stocks: 100%) |
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Class IV preferred stocks |
25,000,000 shares |
| (Ratio of the Class IV preferred stocks acquired to the total number of the outstanding Class IV preferred stocks: 100%) |
(3)Total amount paid in exchange for acquisition of the stocks:
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Total amount |
40,000 million yen |
(4) Class and number of the stocks cancelled
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Class III preferred stocks |
25,000,000 shares |
| (Ratio of the Class III preferred stocks cancelled to the total number of the outstanding Class III preferred stocks: 100%) |
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Class IV preferred stocks: |
25,000,000 shares |
| (Ratio of Class IV preferred stocks cancelled to the total number of the outstanding Class IV preferred stocks 100%) |
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