Suzuki Motor Corporation announced on January 30, 2007 that it has decided to sell a portion of its on treasury stock. Details are given below.
|Nippon Steel Corporation||3,595,000 shares|
|JFE Steel Corporation||2,996,000 shares|
|The Bank of Tokyo-Mitsubishi UFJ, Ltd.||1,000,000 shares|
|The Shizuoka Bank, Ltd.||1,000,000 shares|
|Mizuho Corporate Bank, Ltd.||1,000,000 shares|
The sales of treasury stock is conducted for the purpose of enhancing the relationships with the respective business partners. Proceeds acquired upon this sales of treasury stock will be used for investment and loans for the group companies, etc.
31st of January,2007
|Public notice of Board resolution for the sales of treasury stock|
19th of February,2007
|Due date of Payment|
|(2)Number of Treasury Stock after the Sales: 91,699,062 shares The number of treasury stock does not reflect changes associated with purchases of less than one unit that took place on and after 1st of January, 2007.|