Silchester International Submits Shareholder Proposal to Obayashi

Obayashi Corporation is one of the Japanese largest building and civil engineering works groups. Net sales break down by activity as follows: - building construction (70.7%); - construction of transportation and civil engineering infrastructures (22.6%): roads, highways, bridges, tunnels, railways, airports, etc.; - development and promotion of real estate assets (3.2%); - other (3.5%). Net sales are distributed geographically as follows: Japan (79.7%), Asia (7.3%), North America (12.7%) and other (0.3%).