To whom it may concern:

February 16, 2017

Company name: Mitsubishi Estate Co., Ltd. Representative: Hirotaka Sugiyama,

President and Chief Executive Officer Securities code: 8802

Contact: Masato Kawasaki, General Manager,

Corporate Communications Department Telephone: +81-3-3287-5200

Notice Concerning a Change of President

Mitsubishi Estate Co., Ltd. (hereafter "Mitsubishi Estate") announces the decision made at the Board of Directors' meeting held today to approve a change of company president on April 1, 2017. Details of this decision are as follows.

  1. Details of the Change

    Name

    Title and Duties

    New

    Former

    Hirotaka Sugiyama

    Chairman of the Board

    Director,RepresentativeCorporate ExecutiveOfficer,President&Chief Executive Officer

    Junichi Yoshida

    Director , Representative Corporate Executive Officer,President & Chief Executive Officer

    Director, Senior Executive Officer

  2. Biography of the President To be Appointed Name Junichi Yoshida

    Date of Birth May 26, 1958 Biography

    April 1982 Joined Mitsubishi Estate

    April 2007 General Manager, Personnel Planning Dept. April 2009 General Manager, Human Resources Dept.

    April 2011 General Manager, Commercial Asset Management Dept.

    April 2012 Executive Officer, General Manager, Commercial Asset Management Dept.

    April 2014 Senior Executive Officer, in charge of Human Resources Dept., General Affairs Dept., Legal & Compliance Dept., CSR & Environmental Sustainability Dept., Compliance, Risk Management, Environmental and Disaster Prevention

    June 2016 Director & Senior Executive Officer, Human Resources Dept., General Affairs Dept., Legal & Compliance Dept., CSR & Environmental Sustainability Dept., Compliance, Risk Management, Environmental and Disaster Prevention (current position)

    April 2017 Director, Representative Corporate Executive Officer, President & Chief Executive Officerplanned

  3. Candidate for Newly Appointed Representative Corporate Executive Officer

    (Effective as of April 1, 2017)

    Name

    Title and Duties

    New

    Former

    Tetsuji Arimori

    Representative Corporate Executive Officer, Executive Vice President

    Senior Executive Officer

    JunichiTanisawa

    Director, Representative Corporate Executive Officer, Executive Vice President

    Director, Senior Executive Officer

  4. Biography of the Representative Corporate Executive Officer To be Appointed Name Tetsuji Arimori

    Date of Birth June 9, 1957 Biography

    April 1980 Joined Mitsubishi Estate Co., Ltd.

    April 2005 President, Mitsubishi Jisho Investment Advisors ,Inc.

    April 2011 Executive Officer, Mitsubishi Estate Co., Ltd. and President, Mitsubishi Jisho Investment Advisors ,Inc.

    April 2013 Senior Executive Officer, in charge of Business Development, Consulting & Solutions Dept. 1 & Business Development, Consulting & Solutions Dept. 2

    April 2014 Senior Executive Officer, in charge of Business Development, Consulting & Solutions Dept., & Project Consulting& Solutions Dept.

    April 2016 Senior Executive Officer, in charge of Investment Management Business Dept. (current position)

    April 2017 Representative Corporate Executive Officer, Executive Vice President, in charge of Investment Management Business Dept.planned

    Name Junichi Tanisawa Date of Birth Jan.3, 1958 Biography

    April 1981 Joined Mitsubishi Estate Co., Ltd.

    April 2006 General Manager, Area Planning Office

    April 2010 General Manager, Commercial Asset Development Dept.

    April 2011 Executive Officer and General Manager, Commercial Asset Development Dept. April 2012 Executive Officer and General Manager, Corporate Planning Dept.

    April 2014 Senior Executive Officer, in charge of Corporate Planning Dept.

    June 2014 Director, Senior Executive Officer, in charge of Corporate Planning Dept. Oct. 2014 Director, Senior Executive Officer,in charge of Corporate Planning Dept.,.

    Business Creation Dept. (current position)

    April 2017 Director, Representative Corporate Executive Officer,

    Executive Vice President, in charge of Corporate Planning Dept., Assistant to Business Creation Dept.planned

  5. Resigning Representative Corporate Executive Officer

(Effective as of March 31, 2017)

Name

Title and Duties

New

Former

Masamichi Ono

Senior Adviser

Representative Corporate Executive Officer, Executive Vice President

Soichiro Hayashi

Group Executive Officer

Representative Corporate Executive Officer, Executive Vice President

Mitsubishi Estate Co. Ltd. published this content on 16 February 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 16 February 2017 08:19:03 UTC.

Original documenthttp://www.mec.co.jp/e/news/pdf/mec170216_timely_disclosure1_e.pdf

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