Appointment of Executive Officer

9/22/11

Daiwa Securities Capital Markets Co. Ltd.

Press Release

Attention
This document is an unofficial translation of a press release announced on September 22, 2011 by Daiwa Securities Capital Markets Co. Ltd. The original press release is in Japanese.

Daiwa Securities Capital Markets Co. Ltd. hereby announces the appointment of executive officer as follows.

[ Daiwa Securities Capital Markets Co. Ltd. ]
1. Executive Officer
1) New (As of October 1, 2011)
Senior Managing Director Hironori Oka (Present: President & CEO of Daiwa Capital Markets Hong Kong Limited)

End