April 25, 2016

Company name: Ashikaga Holdings Co., Ltd.
Representative: Masanao Matsushita, President
and Chief Executive Officer(Code number: 7167 First
Section, Tokyo Stock Exchange)
Notice Regarding Partial Amendment in the Articles of Incorporation(The Change of the Trade Name and the Address of the Company,and the Transition to the Company with Audit and Supervisory Committee)

Ashikaga Holdings Co., Ltd. (“the Company”) resolved at the meeting of the board of directors held today tochange of the trade name and the address of the Company, and to transit to the company with audit and supervisorycommittee as follows, subject to obtaining approvals of the share exchange agreement with The Joyo Bank, Ltd.
(“Joyo”), and of the necessary amendments in the Articles of Incorporation at the annual general meeting ofshareholders scheduled to be held on June 28, 2016.
Description
1. Change of the Trade Name and the Address of the Company(1) Reason for the change
As of today the publication of “Notice Regarding Definitive Agreement Concerning the Business Integration ofThe Joyo Bank, Ltd. and Ashikaga Holdings, Co., Ltd. through a Share Exchange”, subject to the approval of thegeneral shareholders meeting and the relevant authorities, the Company and Joyo will be integrated through theshare exchange, and a new financial group will be established on the effective date of such a share exchange.
Along with this, it is proposed to change the Company's trade name and the address.
(2) New trade name and new address
New Trade Name: Mebuki Financial Group, Inc.
New Address:
7-2, Yaesu 2-chome, Chuo-ku, Tokyo(3) The effective date
October 1, 2016 (subject to the effectiveness of the share exchange agreement with Joyo.)
2. Transition to the Company with Audit and Supervisory Committee(1)Reason for the transition
A new financial group will be established through the business integration of the Company and Joyo. Throughthe business integration, the Company will continue to achieve a well-balanced of enhancement of the wholegroup’s corporate governance and flexible management structure, and will continue to further enhance thecorporate value as a new financial group, by ensuring the transparency of management, strengthening thesupervisory function, and improving the speed of decision-making and the executive function. To realize the1above, the Company will transit to the Company with Audit and Supervisory Committee.

(2) The effective dateOctober 1, 2016 (subject to the effectiveness of the share exchange agreement with Joyo.)(3) The Supplemental Information
The Ashikaga Bank, Ltd., a subsidiary of the Company, is expected to transit to the Company with Audit andSupervisory Committee as well as the Company, subject to approval of the necessary amendments in the Articlesof Incorporation at the annual general meeting of shareholders scheduled to be held on June 28, 2016 (theeffective date: June 28, 2016).
3. Partial Amendment in the Articles of Incorporation(1) Reasons for amendments- Along with the business integration through a share exchange with Joyo, it is proposed to carry out the requiredchanges, such as change of the trade name and the address of the Company, an increase in the total number ofshares authorized to be issued, and deletion of provisions to limit the place of the general meeting ofshareholders etc.
- In order to transit to the Company with Audit and Supervisory Committee, it is proposed to carry out therequired changes, such as the revision of the provisions relating to directors, new provisions relating to theAudit and Supervisory Committee, and deletion of the provisions relating to the Nominating and CompensationCommittees and executive officers, etc.
- And other, it is proposed to carry out the required changes, such as maintenance of words, lexical modifications
and change of the article numbers, etc.
(2) Details of the amendments
Details of amendments will be disclosed in “Notice of Convocation of the 8th Annual General Meeting ofShareholders” on the Company’s website in June 2016.
(3) Schedule of the amendments
Jun 28, 2016 (planned)
General shareholders meeting
October 1, 2016 (planed) Effective date of the amendment in the Articles of Incorporation
End<Contacts for inquiries regarding this notice>
Ashikaga HD
Ebihara and Yagi, Corporate Planning Department, Public Relations and IR Group
Tel: 028-626-0401

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