OREANDA-NEWS. Daiwa House Industry Co., Ltd. hereby announces the issue price, disposition price, selling price, etc., relating to the issuance of its new shares, the disposition of its treasury shares and the secondary offering of shares of the Company which was resolved at the meeting of its board of directors held on July 5, 2013, as set forth below.

With respect to the maximum net approximate total amount of 137,501,160,000 yen from the Japanese public offering, the international offering and the third-party allotment, 80,000,000,000 yen is scheduled to be applied by the end of March 2014, and the remaining amount is scheduled to be applied by the end of March 2016 to part of 400 billion yen that is the expected amount of real-estate development investment (such as funds for acquiring and building the properties for rent such as a distribution center) by the Company and the group for the period from the fiscal year ending March 31, 2014 to the fiscal year ending March 31, 2016.

The Company will use the funds for real-estate development investments by its group companies by making loans to such companies. The Company will manage the funds by using negotiable certificates of deposit, commercial paper and other financial instruments with high stability until the funds are actually used for the real-estate development investments.

The above real-estate development investments will be made mainly in the focused investment areas of the group: namely, the logistics, business and corporate facilities business, the commercial facilities business and the rental housing business. In the logistics, business and corporate facilities business, the Company develops and constructs distribution and manufacturing facilities, medical/nursing care facilities and other facilities, and constructs, manages and operates temporary buildings; in the commercial facilities business, the Company develops and constructs, manages and operates commercial facilities; and in the rental housing business, the Company develops and constructs, manages and operates, and provides intermediary services for, rental housing.

For more information regarding the capital expenditure program of the group, please refer to the “Notice Regarding Issuance of New Shares and Disposition of Treasury Shares, and Secondary Offering of Shares” announced on July 5, 2013.