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Mitsui to sell its entire shares in Shanghai Senmao International Real Estate Co., Ltd.

Sep. 30, 2014


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Mitsui & Co., Ltd. ("Mitsui", Head Office: Tokyo, President & CEO: Masami Iijima) has reached an agreement with Mori Building Co., Ltd. ("Mori", Head Office: Tokyo, President: Shingo Tsuji) to sell its entire shares in its associated company, Shanghai Senmao International Real Estate Co., Ltd. ("Shanghai Senmao").

Mitsui will sell its shares for a 15% stake in Shanghai Senmao to Mori. Subject to the approval of Chinese authority on the transfer of its share, this transfer is scheduled to be executed around December 2014.

1. Outline of Shanghai Senmao

Corporate Name Shanghai Senmao International Real Estate Co., Ltd.
Address 1000 Lujiazui Ring Road. Pudong New Area, Shanghai
Year of Establishment 1994
Representative Hiroo Mori, CEO
Amount of Capital ¥7.0 Billion
Major Shareholders Mori Building Co., Ltd. 65%
Mitsui & Co., Ltd 15%
Others 20%
Main Business Owner and Operator of Hang Seng Bank Tower

2. Outline of Mori

Corporate Name Mori Building Co., Ltd.
Address Roppongi, Minato-ku, Tokyo
Year of Establishment 1959
Representative Shingo Tsuji, President and CEO
No. of Employee 1,296 (as of April, 2014)
Amount of Capital ¥67.0 Billion
Main Business Urban Development

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
Telephone: +81-3-3285-6645
Facsimile: +81-3-3285-9819