Apr 27, 2012
Hitachi Chemical Co., Ltd.

Completion of Contract to Transfer (Acquire) a Semiconductor Encapsulating Materials Business (Excluding Encapsulating Materials Business for Optical Semiconductors)

Hitachi Chemical announces that the acquisition of the business of Nitto Denko Corporation ("Nitto Denko") as announced in the press release on March 30, 2012, "Notice Regarding Basic Agreement on Transfer (Acquisition) of Semiconductor Encapsulating Materials Business (Excluding Encapsulating Materials Business for Optical Semiconductors)", has been approved by resolution at the board of directors meeting held in April, and was completed today. No changes have been made to the information announced, including the details of acquisition and scheduling.

1. Overview of the Business Acquisition
(1) Outline of the Business Acquisition
I. All the outstanding shares of NITTO ELECTRONICS KYUSYU CORPORATION, the
manufacturing base of the Business in Japan.
II. All the outstanding shares of NITTO DENKO ELECTRONICS (MALAYSIA) SDN. BHD., the
manufacturing base of the Business in Malaysia.
III. Other assets, liabilities, agreements, etc. pertaining to the Subject Encapsulating
Materials Business of Nitto Denko.

In addition to the above, the personnel necessary for the execution of the Subject Encapsulating Materials Business.

(2) Acquisition Value
5.4 billion yen. This figure may be subject to change depending on the status of assets, liabilities, exchange rates and others at the time of acquisition.

2. Schedule
Effective date of business transfer October 1, 2012 (planned)

This business acquisition will be implemented on condition of the obtainment of all necessary licenses and approvals.

3. Future Outlook
Expected influence of this matter on the business performance and financial position of Hitachi Chemical is minor.

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