April 17, 2010

This document is an English translationof a statement written initially in Japanese.
The Japanese original should be consideredas the primary version.

ITOCHU Corporation(Code No. 8001, Tokyo Stock Exchange, 1st Section)
Representative Director and President: Masahiro Okafuji
Contact: Tomoyuki Takada
General Manager, Corporate Communication Division(TEL. +81-3-3497-7291)

Notice of Results of Tender Offer for Share Certificates ofNIPPON ACCESS,INC.

ITOCHU Corporation (the “Tender Offeror” or “ITOCHU”) hereby announces the results of the tender offer for thecommon stock of NIPPON ACCESS,INC. (the “Target Company” or “Nippon Access”) (the “Tender Offer”), which
commenced on March 5, 2010, and ended on April 16, 2010. Its Board of Directors had resolved on March 3, 2010,
to acquire the common stock of Nippon Access through the Tender Offer.

1. Outline of the Tender Offer(1) Name and location of the Tender Offeror
ITOCHU Corporation
1-3, Kyutaromachi 4-chome, Chuo-ku, Osaka(2) Name of the Target Company
NIPPON ACCESS,INC.
(3) Class of shares, etc., purchased
Common Stock(4) Number of shares, to be purchased
Number to Be Purchased
25,363,130 shares

Minimum Number
to Be Purchased— shares

Maximum Number
to Be Purchased— shares(5) Tender Offer Period1) Initial Tender Offer Period in the Notification
From Friday, March 5, 2010 to Friday, April 16, 2010 (30 business days)
2) Possibility of extending the above period upon request from the Target CompanyNone(6) Tender Offer Price¥1,300 per share of common stock12. Results of the Tender Offer(1) Success and failure of the Tender Offer
As ITOCHU does not set a maximum and minimum limit on the number of shares, etc., to be purchased through theTender Offer, ITOCHU will purchase all of the tendered shares, etc.
(2) Date of public notice of the results of the Tender Offer and the name of the newspapers in which the publicnotice was posted
Pursuant to the provisions of Article 27-13, Paragraph 1 of the Financial Instruments and Exchange Law (Law No.
25 of 1948; as amended; the “Law”), ITOCHU publicly announced the results of the Tender Offer to the media on
April 17, 2010, in accordance with the manner prescribed by the provisions of Article 9-4 of the Enforcement
Regulations of the Financial Instruments and Exchange Law (Regulation No. 321 of 1965; as amended) and ofArticle 30-2 of the Cabinet Office Ordinance regarding Disclosure of Tender Offers for Shares, etc., by Entities Otherthan Issuers (Ministry of Finance Ordinance No. 38 of 1990; as amended; the “Ordinance”).
(3) Number of shares, etc., purchased
Class of shares, etc.
Share Certificates1) Number of subscriptionsin terms of shares
19,241,000 shares

2) Number of purchases
in terms of shares
19,241,000 shares— shares— shares— shares— shares— shares— shares— shares— shares19,241,000 shares

19,241,000 shares— shares(— shares)

Certificates of Stock Acquisition Rights
Bond Certificates with Stock Acquisition
RightsTrust Beneficiary Certificates for the Shares,etc.
()
Depository Receipts for the Shares, etc.
()
Total
(Total of shares, etc., to be diluted)(4) Changes in the ownership percentage of shares, etc., due to the Tender Offer
Number of Voting Rights Represented(Percentage Owned Before the Tender Offer:
58,367 units
by Share Certificates, etc., Held by the69.71%)
Tender Offeror Before the Tender OfferNumber of Voting Rights Represented
by Share Certificates, etc., Held by(Percentage Owned Before the Tender Offer:— units
Specially Related Parties Before the— %)Tender Offer
Number of Voting Rights Represented(Percentage Owned After the Tender Offer:
77,608 units
by Shares Certificates, etc., Held by the92.69%)
Tender Offeror After the Tender Offer
Number of Voting Rights Represented
by Share Certificates, etc., Held by(Percentage Owned After the Tender Offer:— units
Specially Related Parties After the— %)Tender Offer
Total Number of Voting Rights
83,625 units
Held by All the Shareholders in theTarget Company
Notes:
1. The “Number of Voting Rights Represented by Share Certificates, etc., Held by the Tender Offeror Before the TenderOffer” and the “Number of Voting Rights Represented by Share Certificates, etc., Held by Specially Related Parties
After the Tender Offer ” shows the sum of voting rights relating to shares, etc., held by respective specially relatedparties (however, those to be excluded from the category of specially related parties when calculating the ownership2

percentage of share certificates, etc., as set forth in the respective items of Article 27-2, Paragraph 1, of the Law inaccordance with Article 3, Paragraph 2, Item 1, of the Ordinance are excluded.).
2.

The “Total Number of Voting Rights Held by All the Shareholders in the Target Company” (1,000 shares represent thenumber of shares per unit (tangen)) indicates the number of voting rights of all the shareholders of Nippon Access asof September 30, 2009, which is stated in the semi-annual securities report (hanki hokokusho) for the 58th term filedby Nippon Access on December 18, 2009. However, because the shares of less than one unit were also eligible for
the Tender Offer, the “Total Number of Voting Rights Held by All the Shareholders in the Target Company” is thenumber of voting rights (83,730 units) relating to the number of shares obtained by subtracting the number of sharesof treasury stock held by Nippon Access as of September 30, 2009 (19,870 shares), from the number of issued sharesof Nippon Access as of September 30, 2009 (83,750,000 shares), which are stated in said semi-annual securities
report, when calculating the “Percentage Owned Before the Tender Offer” and the “Percentage Owned After theTender Offer.”

3.

The “Percentage Owned Before the Tender Offer” and the “Percentage Owned After the Tender Offer” are rounded totwo decimal places.

(5) Calculation method for settlement matters on a pro rata basis
Not applicable(6) Method of settlement
1) Name and location of the head office of the financial instruments business operator, bank or other institution incharge of the settlement of the purchases
Nomura Securities Co., Ltd.
9-1, Nihonbashi 1-chome, Chuo-ku, Tokyo
2)

Commencement date of settlement
Friday, April 23, 20103)

Method of settlement
Upon expiration of the Tender Offer Period, ITOCHU will, without delay, send notice of the Tender Offer
purchases to the addresses of tendering shareholders, (in the case of non-Japanese shareholders, to those of thestanding proxies).
Purchases will be made in cash. Payment for purchased shares will be made by means of remittance, etc., inaccordance with the instructions of tendering shareholders. (Fees may be incurred for remitting payment.)

3. Policies anticipated after the Tender Offer and future outlook
The policies after completion of the Tender Offer is the same as ITOCHU’s news release on March 3, 2010 titled“Notice of the Commencement of a Tender Offer for Share Certificates of NIPPON ACCESS,INC.”

4. Locations where copies of the Tender Offer Report are available
ITOCHU Corporation
Tokyo Headquarters: 5-1, Kita-Aoyama 2-chome, Minato-ku, Tokyo3