FOR IMMEDIATE RELEASE

May 15, 2017

Company Name: Leopalace21 Corporation

Representative: Eisei Miyama, President and CEO

Code Number: 8848 (Tokyo Stock Exchange, First Section) Contact: Bunya Miyao, Director

Tel: +81-3-5350-0216

E-mail: ir@leopalace21.com

Notice of Retirement of Treasury Stock

Leopalace21 Corporation ("the Company") announces the following resolution at the meeting of Board of Directors on May 15, 2017 to retire shares of common stock of the Company pursuant to Article 178 of the Corporate Law of Japan.

  1. Type of shares to be retired Common stock

  2. Number of shares to be retired 4,000,000 shares

    (1.50% of the total number of shares outstanding)

  3. Date of retirement May 31, 2017

(Reference)

After the above retirement of shares, total number of shares outstanding: 263,443,915 shares

END

Leopalace21 Corporation published this content on 15 May 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 15 May 2017 05:12:14 UTC.

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