This is to announce that J-STAR received “Firm of the Year in Japan” in “Private Equity International 2013” (http://www.privateequityinternational.com/) for the second consecutive year. You may find general information of Private Equity International Awards 2013 on the following link: https://www.privateequityinternational.com/uploadedFiles/Private_Equity_Internation al/PEI/Non-Pagebuilder/Aliased/News_And_Analysis/2014/March/Magazine/PEI_123_ AnnualReview_digi.pdf

In 2013, we completed fund raising for J-STAR No 2 Investment Limited Partnership, exited from two of our investments, Olive des Olive K.K. and Tokachi K.K., and invested in two companies, BT Investments and Tokai Trim Holdings Co., Ltd. We believe that our efforts to provide opportunities to invest in Japanese mid-small cap markets provides are highly valued.

The investment policy of J-STAR, Co., Ltd. is to strive to make equity investments in line with business solutions, to maximize the satisfaction of stakeholders with different goals, and to create added value. We will continue endeavor to both maximize investor profit and maximize social public welfare with our investment decisions.

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J-STAR received Awarded in Private Equity International Awards 2013