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Partial Transfer of Shares in MIKUNI COCA-COLA BOTTLING CO., LTD. and Conclusion of Business Alliance

Dec. 14, 2012


Main Contents

Mitsui & Co., Ltd. ("Mitsui", Head Office: Tokyo, President & CEO: Masami Iijima) agreed to transfer a part of its shares in MIKUNI COCA-COLA BOTTLING CO., LTD. ("MIKUNI CCBC"), 10,610,100 shares (22.0% of total voting rights), to European Refreshments ("ER"), a wholly owned subsidiary of The Coca-Cola Company ("TCCC") for consideration of JPY 15.49 billion, JPY 1,460 per share, and the share transfer agreement was concluded today.

Considering the realization of business integration of 4 Coca-Cola bottlers in Kanto region including MIKUNI CCBC, and Mitsui's corporate strategy to optimize its business portfolio, Mitsui has decided to transfer a part of common stocks of MIKUNI CCBC it holds to ER. In addition, to continue to support the enhancement of enterprise value of MIKUNI CCBC after the share transfer, Mitsui today concluded a business alliance agreement with MIKUNI CCBC.

1. Change in the Shareholding of Mitsui in MIKUNI CCBC by the Anticipated Share Transfer

Shares held by Mitsui before transfer 17,239,699 shares (35.7% of total voting rights)
Shares to be transferred from Mitsui to ER 10,610,100 shares
Shares held by Mitsui after transfer 6,629,599 shares (13.7% of total voting rights)

2. Corporate Profile of MIKUNI CCBC (as of September 30, 2012)

(1) Corporate Name MIKUNI COCA-COLA BOTTLING CO., LTD.
(2) Representative Motoyoshi Shiina, Representative Director, President & CEO
(3) Address 180, Kano, Okegawa, Saitama, Japan
(4) Date of Establishment August 14, 1963
(5) Business Activities Manufacturing and distribution of soft drinks
(6) Number of Employees (Consolidated) 1,761 (as of December 31, 2011)
(7) Amount of Capital JPY 5,407 million
(8) Shares Outstanding 53,555,732 shares

3. Corporate Profile of TCCC (as of September 30, 2012)

(1) Corporate Name The Coca-Cola Company
(2) Representative Chairman of the Board and Chief Executive Officer, Muhtar Kent
(3) Address Atlanta, State of Georgia, USA
(4) Date of Establishment September 5, 1919
(5) Business Activities Distribution of non-alcoholic beverage (including syrup)
(6) Amount of Capital US$ 1,760 million

4. Content of Business Alliance with MIKUNI CCBC

After execution of the share transfer, in order to support the enhancement of enterprise value of MIKUNI CCBC, Mitsui will have a right to nominate 1 candidate for director and 1 candidate for corporate auditor on or after the general shareholders meeting of MIKUNI CCBC for FYE December 2012 (scheduled to be held in March 2013).

5. Schedule

(1) Execution Date of the Share Transfer Agreement December 14, 2012
(2) Execution Date of the Business Alliance Agreement December 14, 2012
(3) Closing Date of the Share Transfer December 20, 2012 (planned)

6. Future Outlook

Upon completion of this transaction, MIKUNI CCBC will be excluded from Mitsui's associated company.

Notice:
This announcement contains forward-looking statements. These forward-looking statements are based on Mitsui's current assumptions, expectations and beliefs in light of the information currently possessed by it and involve known and unknown risks, uncertainties and other factors. Such risks, uncertainties and other factors may cause Mitsui's actual results, financial position or cash flows to be materially different from any future results, financial position or cash flows expressed or implied by these forward-looking statements. These risks, uncertainties and other factors referred to above include, but are not limited to, those contained in Mitsui's latest Annual Securities Report and Quarterly Securities Report, and Mitsui undertakes no obligation to publicly update or revise any forward-looking statements.
This announcement 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.
Investor Relations Division
Telephone: +81-3-3285-7910
Facsimile: +81-3-3285-9821
infoTKADZ@mitsui.com
Mitsui & Co., Ltd.
Corporate Communications Division
Kayo Kobayashi
Telephone: +81-3-3285-7618
Facsimile: +81-3-3285-9819