June 5, 2013
Company name: Tamagawa Holdings Co., Ltd.
Representative: Setsuya Fukunaga, President(JASDAQ Code 6838)
Contact:
Masahiro Yamashita, Director
Telephone:+81-3-6435-6933

Notice of Assignment of Property Leasehold Rights
This is to give notice that at the meeting of the board of directors of the Company convened on June 5, 2013,
it was resolved to effect an assignment of property leasehold rights as stated below.

1. Background to the Assignment of Leasehold Rights
As announced in a public notice entitled "Notice concerning Property Lease for the Procurement ofLand for Large Scale Solar Energy Power Generation Facilities" dated November 27, 2012,
contingent on the consent of the landlord, the Company planned for the assignment of leasehold rights
for sites located at 507 Hamacho, Goto City, Nagasaki Prefecture.
Subsequently, as disclosed in a separate public notice dated May 29, 2013, entitled "Noticeconcerning Property Lease for the Procurement of Land for Large Scale Solar Energy Power
Generation Facilities," with the support of various parties including the Goto City Fukue Chamber ofCommerce and Industry, and the Goto City Commerce and Industry Association, both in NagasakiPrefecture, the Company finalized a decision to enter into a property lease agreement with thelandlord of a site located at 3-660-1, Aza, Yoshikugi-cho, Goto City, Nagasaki Prefecture (Commonlyreferred to as Goto City, Koujindake) and to proceed with the construction of large-scale solar energy
power facilities with a total capacity of 6.0 megawatts (6,000 kw), which will be the Group's largest,
in a cooperation for special high voltage power supply. As set out in the foregoing, after theassignment of the leasehold rights to the site at 507 Hamacho, Goto City, Nagasaki Prefecture, theCompany decided to proceed with the construction of a large-scale solar energy power generation
facility at Goto City, Koujindake (the "Amendment") for the following reasons.
(1) The Company aims to develop large-scale solar energy power generation facilities with close
relations to their localities. Following the approval for the project as "Eco Island Goto" which
Goto City aspires to realize, and based on the support from Nagasaki Prefecture and Goto City, theCompany has come to the judgment that an environment is in place that enables the development
at Goto City, Koujindake.
(2) In order to realize a 6.0 megawatt power plant at Goto City, Koujindake, the Group must
concentrate its management resources.
(3) Irrespective of the Amendment, the Group has determined, with administrative support, toimplement at an early stage the solar energy power generation facilities with close relations totheir localities projected by the Group, and in so doing contribute to local communities throughthe creation of local jobs, and to advance the development of the Group's power generation
operations.

12. Details of the Assigned Property Leasehold Rights(1) Outline of the leasehold rights
Location

507 Hamacho, Goto City, Nagasaki, and others

Current status

Vacant site

Total lease amount¥55,052 thousand (20-year total)

Outline of agreement

Property lease agreement with a 20-year term

(2) Description of the lessee
Name

Kaichiro Mayumi

Address

Goto City, Nagasaki Prefecture

Relationships
between public

No relationship exists with respect to capital, personnel, and transactions.

companies andThe individual is not an interested party with respect to the Company.

subject individuals

3. Outline of the Assignee
Company nameFujishima Kosan Ltd.

Head office location

2-1-5 Hakata-eki Minami, Hakata-ku, Fukuoka City, Fukuoka

Position and name ofPresident: Kenichi Fujishima
representative
Business lines

Trading, leasing, intermediation, and management of real estate, etc.

Capital¥5,000 thousand

Date established

July 1, 1978
No relationship exists with respect to capital, personnel, and transactions.
Notably, a director of the said entity has underwritten shares for private
placement of the Company to be paid in by January 30, 2013, rendering that

Relationships
director a shareholder of the Company.
between public
The assignee will, upon assuming from the Company the assigned leaseholdcompanies and therights and the land, purchase from the Company or from a supplier specified
subject companies
by the Company goods in connection with the construction of the large-scalesolar energy power generation operations and related systems that theassignee plans to operate on the subject land.

4. Assignment Schedule
Resolution of the meeting of the board of directors

June 5, 2013

Conclusion of agreement

June 5, 2013

5. Outlook
The effects from these operations on the business results of the Group are currently being estimated.
Prompt notice will be given in case of a change in results projections.
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