Jun. 02, 2008
Barneys Japan Co., Ltd.
TOKIO MARINE CAPITAL CO., LTD.
Sumitomo Corporation

Barneys New York to Open Store in Kobe
Barneys Japan Co., Ltd. (head office: Shinjuku-ku, Tokyo; president: Naoki Nakamura), a joint
subsidiary of TMCAP2005, the fund operated by TOKIO MARINE CAPITAL CO., LTD., (headoffice: Chiyoda-ku, Tokyo; president: Hideaki Fukazawa) and Sumitomo Corporation (head office:Chuo-ku, Tokyo; president: Susumu Kato), will open a flagship store in the former foreign
settlement in Motomachi, Kobe, making it the fourth Barneys New York store in Japan. The store isscheduled to open in spring 2010, in a 17-story complex tentatively named the "Kobe Former
Foreign Settlement Project," currently under construction on the site where Kobe Oriental Hotelonce stood. The store will occupy from the first basement level to the second floor, a space of about
2,800 square meters (850 tsubo), and will sell apparel and sundry goods under the Barneys New
York brand and other luxury import brands.
Barneys Japan obtained a master license from Barneys New York, Inc. (head office: New York State)in 1989 and currently operates three stores in the Tokyo metropolitan area in Shinjuku, Yokohama
and Ginza. It has established a solid brand image as a specialty store* unrivaled in Japan, through its
unique interior displays, professional sales staff, distinctive selection of goods and so on. Following
the success in the Tokyo metropolitan area, Barneys Japan is planning to open more stores,
beginning with the Kobe store, which will be the first Barneys store in the Kansai region.
The site is located within the former foreign settlement, an area already populated many other luxury
brand stores. Its suitability as a site was confirmed due to its compatibility with the image of Barneys
New York as a mixture of classic and contemporary styles and it was thus determined to be the bestsite for the first store in Kansai region, which will be key in the transmission of the Barneys brandimage in the area.
By offering an original selection of goods and high-quality service and providing shoppers with theunique "Barneys experience," we hope to attract a great number of sophisticated, fashion-oriented
customers within the Kobe area.

Barneys Japan will further consider plans to open flagship stores in Tokyo, Nagoya, Osaka, Fukuoka
and others, at the same time as preparing for other expansion, such as developing new types storesincluding small stores, outlets and others and launching online sales.

(*) Specialty store
Large-scale luxury store which specializes in the sale of multiple rather than single categories ofmerchandise. Specialty stores are unique in that they are comparable with both department storesand large-scale select shops, the former in terms of the range of assortment, quality and actual size ofstore and the latter in terms of purchasing and sales methods under a unified concept and businessmodel.

<Outline of Barneys Japan Co., Ltd.>
Corporate Name:

Barneys Japan Co., Ltd.

Representative:

Naoki Nakamura, Representative Board Director and President

Head Office:

8th floor, Shinjuku NS Building, 2-4-1 Nishi Shinjuku,
Shinjuku-ku, Tokyo

Establishment:

June 16, 1989

Primary Business Line:

Men's and women's apparel

Fiscal Year:

March-February

Employees:

323

Stores:

Shinjuku, Yokohama, and Ginza

Capital:¥4.99 billion (as of May 2008)<Outline of Barneys Kobe Store>
Name:

Barneys New York Kobe Store (tentative name)Location:25, 24-2, Kyomachi, Chuo-ku, Kobe-shi

Transportation:

6 min. walk from Kobe Line’s Motomachi Station
4 min. walk from Kobe Municipal Subway Kaigan Line’s
Kyu-Kyoryuchi/Daimaru-mae Station

Floor Space:

Approx. 2,800 square meters (850 tsubo)

Opening Date:

Spring 2010 (scheduled)

Business Line:

Men’s and Women’s apparel and shoes, sundry goods andothers

Inquiries

TOKIO MARINE CAPITAL CO., LTD.
Tel: +81-3-5223-3516
E-mail: komori@tmcap.co.jp, inoue@tmcap.co.jp
Sumitomo Corporation
Corporate Communications Department
Tel: +81-3-5166-3100
E-mail: press@sumitomocorp.co.jp