Notice Regarding Completion of Secondary Listing of Tosei Shares on Singapore Exchange by Way of Introduction

[Translation]

To whom it may concern

March 27, 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: Director and CFO: Noboru Hirano

TEL: +81-3-3435-2864

Notice Regarding Completion of Secondary Listing of Tosei Shares on
Singapore Exchange by Way of Introduction

As Tosei Corporation (the "Company") had previously announced, pursuant to its Notice Regarding Eligibility to List for Secondary Listing of Tosei Shares on Singapore Exchange by Way of Introduction" dated March 22, 2013, the secondary listing of the Company, by way of an introduction, on the SGX-ST Mainboard had been set at March 27, 2013, and the Company is pleased to announce the completion of such listing as of today.

End of Document

Note: This press release does not constitute an offer of any securities for sale. This pressrelease has been prepared for the sole purpose of publicly announcing the listing by way ofintroduction of the common stock of the Company on the SGX-ST, and not for the purpose ofsoliciting investment or engaging in any other similar activities within or outside Japan. These curities referred to above are not to be offered or sold within Japan. This press release is not an offer of securities for sale in the United States. The securities referred to above have not been, and will not be registered under the United States Securities Act of 1933, as amended (the "Securities Act"). Securities may not be offered or sold in the United States without registration or an exemption from registration under the Securities Act. If any public offering of securities is made in the United States, it will be by means of a prospectus prepared in English and in accordance with the Securities Act that may be obtained from the Company that will contain detailed information about the Company and its management, as well as financial statements. The securities referred to above will not be offered in the United States. Future information contained in this press release such as estimates, expectations, and forecasts is prepared based on the information available to the Company as of the date of this press release and on certain assumptions and qualifications, and the actual circumstances may be substantially different from such future information contained in this press release due to risks factors such as the competitive environment with other companies, the domestic consumption tax system, conditions of the regions where business relating to the Company’s earnings is conducted, and exchange rate fluctuations.