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Issuance of the 56th and 57th Unsecured Bonds

East Japan Railway Company

December 4, 2008

  • East Japan Railway Company (the "Company") announced today that it has filed the Shelf Registration Supplements with the Kanto Local Financial Bureau for the planned issuance of 56th and 57th unsecured bonds.
  • The amounts of the issues are as follows: 10-year bonds, ¥30,000 million, and 20-year bonds, ¥25,000 million.
  • Net proceeds of the issue of the bonds will be used for the repayment of long-term debt.

1. Name of bonds

    East Japan Railway Company 56th Unsecured bonds
(with Inter-Bond Pari Passu Clause)
East Japan Railway Company 57th Unsecured bonds
(with Inter-Bond Pari Passu Clause)

2. Subscription

  Public offering

3. Issue size

  56th issue: ¥30,000 million
57th issue: ¥25,000 million

4. Issue price

  56th issue: ¥100 per ¥100
57th issue: ¥100 per ¥100

5. Coupon

  56th issue: 1.700% per annum
57th issue: 2.376% per annum

6. Yield on the bonds

  56th issue: 1.700% per annum (simple interest)
57th issue: 2.376% per annum (simple interest)

7. Maturity date

  56th issue: December 20, 2018
57th issue: December 12, 2028

8. Issue schedule

  Announcement date: December 4, 2008
Offering period: December 4, 2008
Payment date: December 12, 2008

9. Lead managing underwriter

  Nomura Securities Co., Ltd.
Mitsubishi UFJ Securities Co., Ltd.
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