Notice Regarding the Disposition of a Property Held for Sale

To whom it may concern

January 8, 2013

Tosei Corporation

Toranomon Tosei Building, 4-2-3 Toranomon, Minato-ku, Tokyo

President and CEO: Seiichiro Yamaguchi

Ticker code: 8923 (Tokyo Stock Exchange, First Section)

Contact: Noboru Hirano, Director and CFO

TEL: +81-3-3435-2864

Please note that this document is a translation of the official announcement that was released on January 8, 2013. The translation is prepared and provided for the purpose of the readers’ convenience only. All readers are strongly recommended to refer to the original Japanese version of the news release for complete and accurate information.

Tosei Corporation ("Tosei") announced today that it has concluded a sales agreement of a property it held for sale purposes. The detail of the transaction is as follows:

  1. 1.Property Description
    Name: Kamata Tosei Building
    Location: 5-44-5 Kamata, Ota Ward, Tokyo
    Site Area: 1,437.68 m2 (434.90 tsubo)
    Total Floor Space: 7,963.47 m2 (2,408.95 tsubo)
    Construction: Steel construction, 8-stories
  2. 2.Description of the Purchaser and the Transaction
    Purchaser: The identity of the purchaser of the property ("the Purchaser") is not disclosed due to a confidentiality obligation under the terms of the sales agreement.
    However, there is no capital, personal and/or business relationship to be disclosed between the Purchaser and Tosei.
    Sale Price: The sale price is not disclosed due to a confidentiality obligation under the terms of the sales agreement.
    Delivery Date: January 8, 2013
  3. 3.Outlook

    The expected impact of this transaction will be incorporated in the forecast of the consolidated financial performance for the fiscal year ending November 2013, which is scheduled to be disclosed on January 10, 2013.