We previously announced on April 25, 2014 that Innovation Network Corporation of Japan and we have signed a definitive agreement to jointly acquire all of the stakes in Carter Holt Harvey Limited’s Pulp, Paper and Packaging Business. The business is based in New Zealand and Australia and are currently owned by Rank Group Limited. Today we are pleased to announce that the transaction is now envisaged to close on December 1, 2014 as we have obtained necessary regulatory approvals and met all other pre closing conditions.

1. Planned Completion Date December 1, 2014

Hiroyuki Isono
Corporate Officer, Oji Holdings Corporation
Phone: +81-3-3563-4385