Ho易游体育app官网>易游体育app官网s>易游体育app官网s > 易游体育app官网 Regarding Change in Ratio of American Depositary Receipts (ADRs) to Underlying Shares

易游体育app官网s

The information on this Web site is presented "as is." Product availability, organization, and other content may differ from the time the information was originally posted. Changes may take place 易游体育app官网thout notice.

易游体育app官网 Regarding Change in Ratio of American Depositary Receipts (ADRs) to Underlying Shares

September 30, 2016

Kobe Steel, Ltd. (“KSL”) hereby announces that the exchange ratio of underlying shares to American Depositary Receipts (“ADRs”) for its sponsored ADR program shall be changed in conjunction 易游体育app官网th a share consolidation scheduled to take effect on October 1, 2016.

1. Objec易游体育app官网ve of Change

KSL plans to carry out the share consolidation at the ratio of 10 shares to 1 share effective October 1, 2016. Accordingly, effective October 3, 2016, U.S. time, KSL intends to change the exchange ratio from 1 ADR to 5 underlying shares to a new ratio of 2 ADRs to 1 underlying share, so that the current ADR investment unit price levels 易游体育app官网ll not be affected by the share consolidation.

2. Outline of Change in Ra易游体育app官网o of ADRs to Underlying Shares

(1) Current Ra易游体育app官网o:: 1 ADR = 5 Underlying Shares
(2) New Ra易游体育app官网o:: 2 ADRs = 1 Underlying Share
(3) Effec易游体育app官网ve Date of New Ra易游体育app官网o:: October 3, 2016, U.S. ti易游体育app官网 (planned)
(4) DR Exchange:: OTC = Over The Counter
(5) 易游体育app官网cker Symbol:: KBSTY
(6) CUSIP Number:: 499892107
(7) Depositary Bank:: The Bank of New York 易游体育app官网llon

3. Contact for Inquiries regarding KSL’s ADR Program

The Bank of New York 易游体育app官网llon
PO Box 30170
College Sta易游体育app官网on, TX 77842-3170

Tel:: +1-201-680-6825 / U.S. toll free: +1-888-269-2377 (888-BNY-ADRS)
E-mail:: shrrela易游体育app官网ons@cpushareownerservices.com
URL:: www.mybnymdr.com
www.adrbny易游体育app官网llon.com