October 31, 2012
For Translation Purpose Only
MID REIT, Inc.
1-4-4 Dojimahama, Kita-ku, Osaka
Tomoyuki Goto
Executive Officer(Securities Code: 3227)
MID REIT Management Co., Ltd.
Tomoyuki Goto
President and CEO
Hirotaka Saito
Managing Director
General Manager, Finance & Planning Division
TEL. +81-6-6456-0700
E-mail:midrm-info@mid.co.jp
Notice Regarding Conclusion of Memorandum to Change
Lease Agreement on Leased Units with a Major Tenant, etc.
MID REIT, Inc. (hereafter “MID REIT”) announces the conclusion today of a memorandum tochange a lease agreement on leased units with a major tenant (hereafter the “Memorandum”). Details
are as follows.
1．Overview of the Memorandum(1) Tenant:Panasonic Corporation (hereafter the “Tenant”) (Note)(2) Building:Twin 21 OBP Panasonic Tower (hereafter the Property”)(3) Space rented to the Tenant: 40,787.33m2(4) Main details of the Memorandum:(a) Change of agreement period
Before change
After change
April 1, 2009 – March 31, 2013
November 1, 2012 – March 31, 2017(b) Revision of rent level
The unit price of rent will be revised. In addition, the amount of certain rent will be
reduced from November 1, 2012 to April 30, 2013 for the purpose of promotion of theutilization of the Property by the Tenant.
(c) Cancellation of setting up floors exempt from payment of rent and common-area fees
The floors eligible for free rent (no more than 10 floors) set to be applicable for the period
from April 1, 2010 to March 31, 2013 based on the memorandum to change a leaseagreement on leased units concluded on April 30, 2010 and February 16, 2012 with theTenant will be cancelled on November 1, 2012. For details of each memorandum to change
a lease agreement on leased units mentioned above, please refer to the “Notice Regarding
Conclusion of Memorandum to Change Lease Agreement on Leased Units with a MajorTenant” dated April 30, 2010 and the “Notice Regarding Conclusion of Memorandum toChange Lease Agreement on Leased Units with a Major Tenant, etc.” dated February 16,
2012.
(5) Reason for conclusion of the Memorandum:
Negotiations continued with the Tenant concerning renewal of the existing agreement for theProperty, which is due for agreement renewal on March 31, 2013, led to MID REIT and theTenant agreeing to conclude the Memorandum.
Note:The Property is currently leased in its entirety to the Tenant.

Note: This press release provides information regarding MID REIT’s “Notice Regarding Conclusion of Memorandum to Change Lease Agreement on
Leased Units with a Major Tenant, etc.” and is not prepared as an inducement or invitation for investment. All readers are advised to consult their own
investment advisors before investing in MID REIT. Investment decisions are made at the investors’ sole discretion and responsibility and are made at theirown risk. MID REIT and its affiliates disclaim any responsibility or liability for the consequences of investment in MID REIT.

2．Outlook
For the outlook of business results for the fiscal period ending December 31, 2012 (July 1, 2012 –December 31, 2012), please refer to the “Notice Regarding Revision of Distributions Forecast forthe 13th Period Ending December 31, 2012” announced today.

Note: This press release provides information regarding MID REIT’s “Notice Regarding Conclusion of Memorandum to Change Lease Agreement onLeased Units with a Major Tenant” and is not prepared as an inducement or invitation for investment. All readers are advised to consult their own
investment advisors before investing in MID REIT. Investment decisions are made at the investors’ sole discretion and responsibility and are made at theirown risk. MID REIT and its affiliates disclaim any responsibility or liability for the consequences of investment in MID REIT.