This is to announce that Aisei Holdings Co., Ltd. (“SPC”), a special purpose company established and held by our wholly managed and operated investment fund, J-STAR No. 2 Investment Limited Partnership (“J-STAR No2”), has announced a commencement of tender offer toward Aisei Pharmacy Co., Ltd. (headquarters: Chiyoda, Tokyo, company representative: Ms. Emi Fujii, URL: http://www.aisei.co.jp/, JASDAQ 3170, “Aisei”).

For more information, please refer to press release published by Aisei on February 5, 2016, and a tender offer notification to be filed by SPC on February 8, 2016 (both documents are only available in Japanese).

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Announcement regarding Tender Offer to Aisei Pharmacy Co., Ltd.