OREANDA-NEWS. October 18, 2012. 7-Eleven, Inc. (headquarters: Texas, U.S.; President and Chief Executive Officer, Joseph M. DePinto), a subsidiary of Seven & i Holdings Co., Ltd., has closed the deal with EZ Energy USA, Inc., to purchase retail interests and fuel wholesale business, Handee Marts, Inc., to acquire retail interests.

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 assets

A) EZ Energy USA, Inc.

(1) Name:

EZ Energy USA, Inc.

(2) Representative:

CEO and President, Gregg Budoi

(3) Location of headquarters:

Ohio, U.S.

(4) Major business activities:

Operations of 67 convenience stores located in Ohio and Pennsylvania Fuel wholesale business

(5) Acquired assets:

Operations of 67 convenience stores Fuel wholesale business

(6) Closed date of acquisition:

October 1, 2012

B) Handee Marts, Inc.

(1)

Name:

Handee Marts, Inc.

(2)

Representative:

CEO, Mike Triantafellou

(3)

Location of headquarters:

Pennsylvania, U.S.

(4)

Major business activities:

7-Eleven licensee with stores located in West Virginia and Maryland

(5)

Acquired assets:

Operations of 58 convenience stores

(6)

Closed date of acquisition:

October 1, 2012

3. Outlook

The agreement will have only a minimal 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.