Primo Japan Inc. hereby announces the following change in its parent company, effective January 21, 2011.

1. Reason for the Change

Effective January 21, 2011, Jupiter Investment LLC (an affiliate of the Goldman Sachs Group), a major shareholder in Primo Japan Inc., along with several other shareholders, transferred their shares in the Company to Ruby Holdings, Inc., an affiliate of Baring Private Equity Asia, making Ruby Holdings the effective parent company of Primo Japan Inc.

 

2. Share Recipient

1）Business name:	Ruby Holdings, Inc.
2）Address:	Ark Mori Bldg., 1-12-32 Akasaka, Minato-ku, Tokyo
3）Title/Name of Representative:	Rajindar Singh, Representative Director
4）Business:	Management and trading of securities

 

3. Schedule

Shares transferred on January 21, 2011

 

4. Impact on Business Results

This change will have no impact on business results.