OREANDA-NEWS. July 03, 2012. 7-Eleven, Inc. (headquarters: Texas, U.S.; President and Chief Executive Officer, Joseph M. DePinto), a subsidiary of Seven & i Holdings Co., Ltd., acquired stores from Open Pantry Food Marts of Wisconsin, Inc. The details are provided below:

1. Purpose of an agreement

This agreement will contribute to the expansion of store network and higher revenues and profits from convenience store operations in North America.

2. Overview of the stores

Area:    Wisconsin, U.S.

Number of stores: 18 convenience stores

3. Overview of Open Pantry Food Marts of Wisconsin, Inc.

(1)

Name:

Open Pantry Food Marts of Wisconsin, Inc.

(2)

Representative:

Robert A. Buhler, President & CEO

(3)

Location of headquarters:

Wisconsin, U.S.

(4)

Major business activities:

Operations of convenience stores located in Wisconsin

(5)

Number of stores:

26 stores of which 7-Eleven has purchased 18

4. Schedule of acquisition

Closed date of acquisition :      June 18, 2012

5. Outlook

The agreement will have no effect on the Company's consolidated results for the fiscal year ending February 28, 2013, but this asset purchase is expected to contribute to profits over the medium to long-term.