For Translation Purposes Only

For Immediate Release

Nomura Real Estate Office Fund, Inc. Yoshiyuki Ito, Executive Director
(Securities Code: 8959)
Asset Management Company:
Nomura Real Estate Asset Management Co., Ltd.
Yasuaki Fukui, President and Chief Executive Officer
Inquiries: Shoji Yoshihara, General Manager, NOF Investment Management
TEL: +81-3-3365-0507
EMAIL:nreof8959@nomura-re.co.jp

Notice Concerning Debt Financing


February 24, 2015
Nomura Real Estate Office Fund, Inc. ("Nomura Office Fund" or the "Fund") announced today that the Fund will procure debt financing as stated below.

1. Purpose

Nomura Office Fund has decided to procure the debt financing to repay the existing borrowing.

2. Details of Debt Financing (1) Long-Term Borrowing (Term for 6 years)

*Basic Interest Rate, which applies to the calculation period of the interest rate to be paid on the Interest Payment Date, will be determined two business days before the previous Interest payment Date (the first interest rate calculation period being the Date of Loan). Refer to JBA TIBOR Administration website regarding the JBA Japanese Yen TIBOR. (http://www.jbatibor.or.jp/english/rate/)

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(2) Long-Term Borrowing (Term for 7 years and 6 months) 3. Use of Funds

Loan proceeds will be used in order to repay current outstanding loans of ¥6 billion which
scheduled on February 26, 2015 according to the loan agreement.

4. Status of Interest-bearing Debts after Drawdown

(¥mln)

Before the drawdown

After the drawdown

Increased/Decreased

Amount

Short-term Borrowings

－

－

－

Long-term Borrowings due within one year (Note)

11,750

11,750

▲6,000

Investment Corporation Bonds due within one year (Note)

5,000

5,000

－

Sub Total

22,750

16,750

▲6,000

Long-term Borrowings

134,580

140,580

＋6,000

Investment Corporation

Bonds

34,500

34,500

－

Sub Total

169,080

175,080

＋6,000

Total

191,080

191,830

－

(Note) Nature of term is as of the end of the 22nd fiscal period (October 31, 2014).

5. Other Matters Required for Investors to Accurately Understand and Evaluate the Information

No changes have been made to the content of "Investment Risks" of the Securities Report
(in Japanese) filed on January 29, 2015, regarding the risks involved in the repayment of the
borrowings, etc.
* URL: http://www.nre-of.co.jp/english/
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