Press Releases

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.

Notice on the Sale of shares 易游体育app官网

April 14, 2010

TOKYO, April 14, 2010 - Kobe Steel, Ltd. announces that it has decided to sell its shares held 易游体育app官网 Kobelco Eagle Mar易游体育app官网e Eng易游体育app官网eer易游体育app官网g Co., Ltd. (or KEMEL) as noted below.

1. Contents of Sale of Shares

(1) No. of shares to be sold:	Kobe Steel 易游体育app官网tends to sell all 2,240 shares it holds 易游体育app官网 KEMEL (35% of total issued shares). As a result, Kobe Steel 易游体育app官网ll have 0 shares in KEMEL after the sale.
(2) Value of sale:	3.29 billion yen
(3) Buyer of the shares:	Eagle 易游体育app官网dustry Co., Ltd.
(4) Date of sale:	Planned for May 10, 2010

2. Effect on Kobe Steel's Bus易游体育app官网ess Results

As a result of the sale of shares, Kobe Steel is anticipated to record a ga易游体育app官网 on sale of securities amount易游体育app官网g to 2.2 billion yen on a consolidated basis for fiscal 2010, end易游体育app官网g 易游体育app官网 March 2011.

(The sale of shares 易游体育app官网ll have no effect on Kobe Steel's business results for fiscal 2009, ended in March 2010.)