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Completion of acquisition of natural-gas-fired power stations in Mexico

Jun. 3, 2010


Mitsui & Co., Ltd.
Tokyo Gas Co., Ltd.


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Mitsui & Co., Ltd. ("Mitsui") and Tokyo Gas Co., Ltd. ("TGC") announced today that they have completed on 2nd of June (Mexican time) the acquisition of the total ownership interest in a portfolio of companies holding five gas-fired combined cycle power stations in Mexico (with an aggregate total generating capacity of 2,233 MW), as well as relevant companies including a pipeline company (together, the "Companies"), based on agreements with Gas Natural SDG, S.A. ("GN") that were executed and announced on December 24, 2009.

Since all conditions precedent, including governmental approvals, have been satisfied, Mitsui and TGC through a holding company, MT Falcon Holdings Company S.A.P.I. de C.V. (Mitsui: 70%, TGC: 30%) ("Falcon"), subscribed for new shares and acquired the ownership interest, resulting in acquiring 100% of the Companies from GN today. The total enterprise value of the Companies is approximately USD1.2 billion (JPY110 billion), as announced last December.

Notice:
This press release includes forward-looking statements about Mitsui. These forward-looking statements are based on the current assumptions and beliefs of Mitsui in light of the information currently available to it, and involve known and unknown risks, uncertainties and other factors. Such risks, uncertainties and other factors may cause Mitsui's actual results, performance, achievements or financial position to be materially different from any future results, performance, achievements or financial position expressed or implied by these forward-looking statements. The risks, uncertainties and other factors referred to above include, but are not limited to, those contained in Mitsui's latest annual report on Form 20-F, which has been filed with the U.S. Securities and Exchange Commission.
This press release is published in order to publicly announce specific facts stated above, and does not constitute a solicitation of investments or any similar act inside or outside of Japan, regarding the shares, bonds or other securities issued by us.

Information

For inquiries on this matter, please contact

Mitsui & Co., Ltd.
Corporate Communications Division
Ms. Mikako Sachigai
Telephone: +81-3-3285-7596
Facsimile: +81-3-3285-9819
Tokyo Gas Co., Ltd.
Corporate Communications Department
Mr. Naoyoshi Oogake
Telephone: +81-3-5400-7675
Facsimile: +81-3-3437-9130