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September 18, 2000 |
Interest Rate and Conversion Price of Convertible Bonds |
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Mitsubishi Estate Co., Ltd., during a meeting of the Board of Directors held on 12 September 2000, set forth the following terms of conversion for the euro-yen denominated convertible bonds maturing in the year 2006.
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| 1. |
Conversion price: 1,200 yen per share |
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Date conversion price decided: September 18, 2000 |
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Share price (closing price) on the
Tokyo Stock Exchange on aforementioned date: 1,008 yen |
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Rate of increase (conversion price/share price (closing price) - 1) x 100: 19.05% |
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Remarks: None |
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| 2. |
Transferred to capital: 600 yen per share |
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| 3. |
Convertible bond interest rate: Corporate bond bears no interest. |
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| Information for reference |
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| (1) |
Date issuance decided: September 12, 2000 (Tuesday) |
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| (2) |
Term of subscription: September 19, 2000 to October 5, 2000 |
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| (3) |
Date of issue (date of payment): October 6, 2000, London time |
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