Mitsubishi UFJ Lease & Finance Company Limited (“Company”) has resolved at its Board of Directors’ meeting held on May 12, 2014, to acquire all of the outstanding shares of Engine Lease Finance Corporation and all of the equity interests of Beacon Intermodal Leasing, LLC and has executed an equity purchase agreement. Details are as follows.

1. Reasons for Acquisition of Shares and Equity Interests
The Company demonstrates its flexibility and mobility as a non-bank to the maximum extent possible and provides financing in reliance on the business characteristics and potential value in assets, and engages in overall development of businesses, such as planning and management of business plans. With respect to one of its priority strategies, the business involving global asset, including aircraft, vessels and containers, in which high marketability and value on assets can be found and recognized in global markets, in addition to the reinforcing of the aircraft leasing business through the acquisition of all of the equity interests of JSA International Holdings, L.P., with its US based aircraft leasing subsidiary Jackson Square Aviation, LLC, in January 2013, the Company commenced full-scale development of the auto leasing business with the cooperation of PT. Takari Sumber Mulia, a major Indonesian automobile rental company,, in November 2013, thereby establishing an optimal business platform suited to asset characteristics and business models.

In furtherance of these efforts, the Company has decided to acquire all of the outstanding shares of Engine Lease Finance Corporation (“ELF”), a leading aircraft engine leasing company engaged in the aircraft engine leasing business and the management of aircraft engines held by other companies, and to acquire all of the equity interests of Beacon Intermodal Leasing, LLC (“BIL”), a company engaged in the marine container leasing business on a global scale (the “Acquisition”). The Company will develop a system whereby the Company may establish itself globally as a main player in the business areas related to aircraft engines and containers by turning ELF and BIL into its group companies.

The Company will continue to utilize non-bank methods, to the maximum extent possible, and aim to enhance expertise and network expansion in the developing fields and to enhance customer satisfaction and the corporate value of the entire group in the future.

6. Acquisition Price
The acquisition price (including the purchase price of the shares and equity interests, commissions, advisory fees or other costs, etc. to be paid pertaining to the Acquisition) is equivalent to approximately JPY 40 billion, subject to post-closing adjustments in accordance with the method provided for in the equity purchase agreement.

7. Schedule Going Forward
(Note) The closing of the Acquisition is subject to the satisfaction of certain conditions precedent, including regulatory fillings required under applicable laws and regulations.

8. Forecast
The effects that the Acquisition may have on future consolidated business results are currently being closely evaluated. If there are any matters to be disclosed, such matters will be publicly announced promptly.