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Information on Establishment of Sales Company in Oceania

TADANO Ltd. (Representative Director: Koichi Tadano) has decided to establish its sales and service company in Oceania for TADANO products .

1.Circumstances which led to the establishment of said company

As you may know, we at TADANO Ltd. have set our long-term objective to become No.1 in the world in the lifting equipment (LE) industry in line with our intent to promote our overall capabilities and globalize our operations for greater growth.

In this relation, in the Oceania market (including Australia, New Zealand), the sales and service for TADANO products were, up to now, in the hands of independent distributors.

However, we decided to set up our own sales and service subsidiary to strengthen our sales and servicing activities ever closer to end users, in light of further increase in demand for our products to be expected in the future too due to a number of projects to build mining plants being currently under way in the said region which is rich in natural resources, against a backdrop of rising costs of such resources.

2.Outlines of New Subsidiary

1 Corporate Name TADANO Oceania Pty Ltd.
2 Date of Founding February, 2010
(Scheduled to start operations in March of this year)
3 Location Brisbane, Queensland, Australia
4 Paid-up Capital 1,500,000 A$
(Investment Raito: 100% by TADANO Ltd.)
*It is equal to approx. Yen 122 million calculated at yen 81 to the Australian dollar which represents the average exchange rate of the latest 3 month.
5 Line of Business Sales and service for mobile cranes and aerial work platforms
6 Business Plan January to December for fiscal 2011; Sales 44.7 million A$; 8 employees

3. Contact address for daily business

From now on until the actual commencement of operations of TADANO Oceania in March 2010, all enquiries for mobile cranes, spare parts and services may be directed to the following numbers;

c/o TADANO Ltd.
International Sales Dept.No.1
Tel: +81-3-3621-7755
Fax: +81-3-3621-7785
E-mail: kimuraf@tadano.co.jp

TADANO Ltd. recognizes and appreciates the support that James Equipment has provided to its product range over the past five years.

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