Juuly 22, 20133
CompanyC
naame: Nitta Gelatin
GInc..
Reppresentative:: Norimichii Soga, Reprresentative Director annd Presidentt(Stoock code: 4977; First Section
Sof ToTokyo Stockk Exchange))
Contacct: Tsuneo S
Sasaki, Director and Senior Managging Executtive Officer,,
General Manager off General A
Administratio
on Divisionn
Tel: +81-72
2-949-5381

Notice of Decission on Su
ubscriptio
on Price anda Offerr Price
Nitta Gelattin Inc. has announced its decisionn on the subbscription price and offffer price as regards theeissuance off new sharees and the offer of existting shares,, which wass resolved aat a Board ofo Director'ss
meeting heeld on July 10, 2013, withw details aas follows.
ublic Subscrription (Pubblic Subscripption)
1. Issuancee of New Shhares for Pu(1) Subsccription pricce (public subscription
sn price): ¥1,256 per shaare(2) Totall subscriptioon price: ¥3,014,400,0000(3) Amouunt to be paaid in: ¥1,2004.2 per shaare(4) Totall amount to be paid in: ¥2,890,0800,000(5) Amouunt of Increease in Capiital and Cappital Reservves:
Amoount of increease in capiital ¥1,445,0040,000
Amoount of increease in capiital reserve ¥¥1,445,040,000(6) Subsccription Perriod: From Tuesday,T
Juuly 23, 2013
3 to Wednesday, July 244, 2013
(7) Due D
Date of Payyment: Monnday, July 299, 2013
(8) Delivvery Date off Shares: Tuuesday, Julyy 30, 2013
Notee: The undeerwriter shaall purchasee Nitta Gelaatin shares at the amouount to be paid
pin, andd
undeerwrite themm for subscrription at thee subscriptiion price (puublic subscrription pricee).
2. Offer off Existing Shhares (Existting Shares on Offer too Cover Oveer-allotmentts)
mber of Existting Shares on Offer: 3360,000 sharres(1) Num
This documennt is intended ass a press releasee to publicize NNitta Gelatin Incc.’s issuance of new shares for public subscrip
ption and offer
of existing shaares, and was noot prepared for the purpose of soliciting invesstment. When makingman invesstment decisionn, please referto the “Registeered Prospectuss on the Issuancce of New Sharees and Offer off Existing Sharees (along with eerrata)” prepared by theCompany. All investment deccisions should beb made solely at the discretionn of the investoor.

- 1 -(2) Offer Price: ¥1,256 per share(3) Total Offer Price: ¥452,160,000(4) Subscription Period: From Tuesday, July 23, 2013 to Wednesday, July 24, 2013
(5) Delivery Date of Shares: Tuesday, July 30, 2013
3. Issuance of New Shares for Third-Party Allotment (the "Third-Party Allotment")(1) Amount to Be Paid In: ¥1,204.2 per share(2) Total amount to be Paid In: Up to ¥433,512,000(3) Amount of Increase in Capital and Capital Reserves:
Amount of Increase in Capital Up to ¥216,756,000
Amount of Increase in Capital Reserves Up to ¥216,756,000(4) Subscription Date: Tuesday, August 27, 2013
(5) Due Date of Payment: Wednesday, August 28, 2013
Reference
1. Calculation of Subscription Price and Offer Price(1) Calculation record date and price: Monday, July 22, 2013 ¥1,295(2) Discount rate: 3.01%
2. Green Shoe Option Exercise Period
Friday, August 23, 2013
3. The Syndicate Cover Transaction Period
From Thursday, July 25, 2013 to Friday, August 23, 2013
4. Use of proceeds from current fund procurement
Nitta Gelatin is estimating total proceeds of up to 3,301,051,000 yen, comprising proceeds of
2,869,736,000 yen from the public subscription and proceeds of up to 431,315,000 yen throughthe third-party allotment of new shares to be approved at the Board of Directors meeting held on
the same day as the public subscription. Of this amount, the Company has allocated1,402,000,000 yen for use from April 2013 to March 2015 to fund capital investment at Nitta
Gelatin's Osaka Plant (552,000,000 yen for gelatin production facilities and 850,000,000 yen for
construction of an adhesives office and new laboratory, etc.). The Company has also allocated1,797,753,000 yen for use by March 2015 to fund investment and loans to Nitta Gelatin's
consolidated subsidiaries. Any remaining amount is scheduled to be allocated for use by March2014 to fund the repayment of short-term loans payable.

This document is intended as a press release to publicize Nitta Gelatin Inc.’s issuance of new shares for public subscription and offerof existing shares, and was not prepared for the purpose of soliciting investment. When making an investment decision, please referto the “Registered Prospectus on the Issuance of New Shares and Offer of Existing Shares (along with errata)” prepared by theCompany. All investment decisions should be made solely at the discretion of the investor.

- 2 -In regard to the use of funds by the recipients of investment and loans, the Company plans toallocate 1,347,753,000 yen for use by March 2014 for collagen peptide production facilities at
Nitta Gelatin USA, Inc. and 450,000,000 yen for use by March 2015 for collagen casing
production facilities at Nitta Casings Inc.
The Company's policy is to invest the proceeds in highly secure financial instruments andsimilar investments until the scheduled period of allocation.
For details on the capital investment plans of the Company and its consolidated subsidiaries,
please see the press release entitled “Notice of Issuance of New Shares and Offer of ExistingShares” issued on July 10, 2013.

This document is intended as a press release to publicize Nitta Gelatin Inc.’s issuance of new shares for public subscription and offerof existing shares, and was not prepared for the purpose of soliciting investment. When making an investment decision, please referto the “Registered Prospectus on the Issuance of New Shares and Offer of Existing Shares (along with errata)” prepared by theCompany. All investment decisions should be made solely at the discretion of the investor.

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