October 1, 2012
SMBC Nikko Securities Inc.

Organizational Changes

SMBC Nikko Securities Inc. today announces organizational changes as follows.

1. Organizational Changes (Effective as of October 1, 2012)(1) Human Resources
Secretary Division (New)(2) Products Planning & Operation
Products Control Division (Abolition)
The businesses of Products Control Division are transferred to Risk Management Division,
Products Planning & Operation Division and Financial Markets Planning Division.
(3) Financial Markets
Financial Markets Planning Division (New)NBA Research Division (Transfer)
NBA Research Division is transferred from Research.
(4) Mergers and Acquisitions
Mergers and Acquisitions I - II (Reorganized)
Mergers and Acquisitions I - III Divisions are reorganized as Mergers and Acquisitions I - II.
Mergers and Acquisitions III (Change of name)
Mergers and Acquisitions VI is renamed Mergers and Acquisitions III.
(5) Solution Strategy
Compensation & Benefit Planning Solutions Division (New)(6) Investment Banking
Investment Banking Administration Division (New)This material is an English translation of Japanese announcement made on October 1, 2012. Although the company
intended to faithfully translate the Japanese document into English, the accuracy and correctness of this translation arenot guaranteed and thus you are encouraged to refer to the original Japanese document.

2. Personnel Changes (Effective as of October 1, 2012)[New] General Manager, Kamiohoka Branch
Kazuya Toyokawa[Current] Section Manager, Consultant Section, Wakayama
Branch[New] General Manager, Gotanda BranchTakeshi Inoue[Current] Deputy General Manager, Sales & Advisory toCorporate Clients[New] General Manager, Okazaki Branch

Seiji Kato
[Current] General Manager, Takatsuki Branch[New] General Manager, Takatsuki Branch
Yutaka Watanabe[Current] Section Manager, Consultant Section, Fukuoka
Branch[New] General Manager, Midosuji-honmachi Branch

Ryujiro Sato
[Current] General Manager, Gotanda Branch[New] General Manager, Secretary
Noriaki Tatekabe

Takashi Yamamoto[Current] General Manager, Compliance - Products &Corporate Business[New] General Manager, Compliance - Products & CorporateBusiness[Current] Co-General Manager, Institutional Business
Planning[New] General Manager, Financial Markets Planning

Kazuhisa Sunada[Current] General Manager, Products Control[New] General Manager, Capital Markets Osaka
Shinichi Hatano[Current] Deputy General Manager, Debt Syndicate[New] General Manager, Mergers and Acquisitions I
Yukio Ichihara[Current] General Manager, Mergers and Acquisitions III[New] General Manager, Mergers and Acquisitions III
Junichi Yokoyama[Current] General Manager, Mergers and Acquisitions IV2

[New] Deputy Head of International Business
Shinsuke Ushijima[Current] General Manager, Retail Business Planning[New] Co-General Manager, Institutional Business Planning
Narutoshi Terauchi[Current] Investment Banking VI[New] General Manager, Customer Service Center
Hideki Inada[Current] General Manager, Front Service Center[New] General Manager, Front Service Center
Akiko Kakizawa[Current] Section Manager, Personal Advisor Support, RetailBusiness Planning[New] General Manager, Retail Business Planning

Daiji Nakata[Current] General Manager, Midosuji-honmachi Branch[New] General Manager, Solution Business Planning I
Ryuji Todoroki

Tomoyuki Kimura[Current] Deputy General Manager of Solution BusinessPlanning I and Section Manager of Top Management Support[New] General Manager, Compensation & Benefit Planning
Solutions[Current] Deputy General Manager, Compensation & Benefit
Planning[New] General Manager, Industrial Research

Masahiro Shibata[Current] General Manager, Solution Business Planning I[New] General Manager, Investment Banking Administration
Nobu Sakamoto[Current] General Manager, Industrial Research###3