Mitsubishi Gas Chemical Company, Inc.
August 2, 2011

Business Forecasts and Revision of Dividend Forecasts
Mitsubishi Gas Chemical Company, Inc. (“MGC”) announced today the consolidated businessforecasts for the fiscal year ending March 31, 2012, which were not stated in the consolidated
financial summary for the fiscal year ended March 31, 2011, announced on May 9, 2011.
MGC announced the revision of dividend forecasts for the fiscal year ending March 31, 2012,
also announced on May 9, 2011.

1. Business forecasts(1)Consolidated business forecasts①Six month period ending September 30, 2011 (April 1 – September 30, 2011)(In ¥ million)

Net sales

OperatingincomeOrdinary
incomeNet income

Net income
per share(¥)-----

230,000

10,00017,00012,00026.55

Change (B – A)-----

Change (%)-----

227,054

12,616

17,276

6,392

14.14

Previously announced forecasts (A)Revised forecasts (B)Results for the same previous period(ended September 30, 2010)②Full year ending March 31, 2012 (April 1, 2011 – March 31, 2012)(In ¥ million)

Net sales

OperatingincomeOrdinary
incomeNet income

Net incomeper share(¥)-----

480,000

21,00037,00027,00059.73

Change (B – A)-----

Change (%)-----

451,033

23,36336,394

18,95041.92

Previously announced forecasts (A)Revised forecasts (B)Results for the same previous period(ended March 31, 2011)

(Reference : Business forecasts by segment)(In ¥ billion)
Six month period

Full year

Ordinary

Sales

Ordinary

Sales

incomeincomeNatural gas chemicals

79,1

6,9

164,8

14,1

Aromatic chemicals

68,7

1,4

140,23,0Specialty chemicals

68,7

5,2

134,2

11,8

30,14,261,68,50,30,80,71,5△ 17,1

△ 1,7△ 21,8

△ 2,2230,017,0480,037,0

Information & advanced
materials

OthersAdjustment
Total(2) Reasons of business forecasts

The MGC Group previously announced that forecasts for consolidated financial results forfiscal 2011 had yet to be determined because the aftereffects of the major earthquake on March
11 prevented the Group from making calculations on a reasonable basis as it published thefinancial results for the fiscal year ending March 2011. The Group has now made forecasts forthe first six-month and full-year periods, as shown below, in consideration of the latest businessenvironment and developments.
These forecasts assume exchange rates of ¥80=$1 and ¥115=€1.

2. Revision of dividend forecasts(1)Revision of dividend forecasts
Annual dividend (¥)
End of 2Q

Year-end

AnnualPrevious forecasts

448

Revised forecasts

6612

Dividend paid for the FY 2011
Dividend paid for the FY 2010
(ended March 31, 2011)－－4－48(2)Reasons for the revisions
On the basis of the above performance forecasts, announced today, the previously forecast
annual dividend of ¥8 per share (interim dividend: ¥4, year-end dividend: ¥4) for the fiscal year
ending March 2012 (announced on May 9, 2011) has been replaced by ¥12 per share (interimdividend: ¥6, year-end dividend: ¥6).

※Forecasts, etc., recorded in this document contain forward-looking statements that are based on management’sestimates, assumptions and projections at the time of publication. A number of factors could cause actual results todiffer materially from expectations.

＜Corporate Communications Division＞
Telephone: +81-3-3283-5041
Facsimile: +81-3-3287-0833