7th May 2013
To whom it may concern
Wedge Holdings Co., Ltd.
Muneo Tashiro, Managing Director(Code 2388 Daisho JASDAQ Market)
Contact: Yukihiro Yokoyama, Corporate Officer(Tel: 03-6225-2207)
Notice of Resolutions at the General Shareholders Meeting of Group Lease PCL.
~Valuation of shareholder-oriented return policy; A temporary breakthrough of total market cap
at 30 billion yen~Group Lease PCL.,(GL) our consolidated subsidiary which carries out the motorcycle financebusiness in South-east Asia (location: Thailand, listed on Thailand stock exchange,
Representative: Mitsuji Konoshita Chairman) has held its General Shareholders Meeting on the26th of April 2013 in Bangkok and has resolved on the 10-for-1 split and year-end dividends of shares etc..
In addition to the continuation of rapid growth from last year, GL’s share has continued to risedue to the recent aggressive returns to shareholders which received a high evaluation from thestock market. The share price closed at 129.5 baht on 2nd of May which is also the dividend rights confirmation date and market cap of GL reached approximately 10.2 billion baht (Approx. 33.6
billion yen). Although there were fluctuations thereafter, share price continues to rise at a highlevel. We are pleased to announce the resolutions made at the General Shareholders Meeting ofGL.
Description
Main agenda and resolution contents
The contents of the main proposals that have been considered by the General Meeting were as
follows, all proposals were approved by an overwhelming majority.
·Confirmation of the Interim Dividend Payment
The shareholders confirmed the interim dividend payment for 1 Baht per share, the total
amount of 69,532,208 Baht was paid to the shareholders on 11th April 2013.

·Approved 2012 settlement, implementation of the year-end dividend and profit
appropriation
Approval of year-end dividends of total 80,657,361.28 Baht or the rate of 1.02 Baht per
share which shall be paid in forms of stock dividend or cash dividend. In the case of stock1

dividend payment, GL will distribute 1 new share relative to 5.4 existing shares.
·Re-election of 4 directors who retired by rotation
All candidates were approved.

·Approval of the remunerations of the Board of Directors and the Audit officers
Approved a sum not exceeding 3.5 million Baht which is the same rate proposed last year.

·Approval of the appointment of accounting auditor and their remunerations.
Approved the remuneration and appointment of Ernst and Young Office Limited which isthe same as the previous year.

·

Approval of the 10-for-1 split
Approved the change of the Company’s par value from Baht 5 per share to Baht 0.5 pershare, and the 10-for-1 split. Necessary changes to the article of association were also
approved for splitting of shares.

※For English details of the agenda, please refer to the website below. We hope that it may be ofreference.
Market capitalization topped 30 billion yen, remaining at a high level
A week after the General Shareholders Meeting,Group Lease PCL.株価推移

GL’s stock price skyrocketed, recording a closing
135

price of 129.5 Baht in the Company’s history. At thesame time, GL’s market capitalization broke arecord of 10.2 billion Baht (Approx. 33.6 billion yen),

115

which is the first 10 billion Baht, in yen basis 30billion yen, breakthrough in the Company’s history.

95

In spite of fluctuations due to the sale of vesting
dividends resulting in stock prices dropping to 105
75Baht, and market capitalization to 8.2 billion Baht
(Approx. 27.2 billion yen), GL managed to attract
many investors while still maintaining a high55

leveled stock price.
Furthermore, the market capitalization of GL
35

possessed by our group closed at 3.5 billion Baht
(Approx. 11.6 billion yen) on 3rd of May, which totals
the hidden profits to 8.3 billion yen compared to15

the book value possessed by our Company.

※29.88 Baht, average acquisition priceAccording to the results of stock dividend payment resolved at the General Shareholders
Meeting, our corporate group is expected to receive a rough estimate of 6.24 million shares (beforesplitting). The value, in reference to closing price on 3rd May, is equivalent to an estimate of 8.08
million Baht (Approx. 2.7 billion yen), leading to a major increase of our group’s assets. From now
onwards, our group will support the growth of GL, finance business, and maximize the value ofour group’s shareholders.

2Thank You.
※The data of currency exchange rate between Yen and Baht is in reference to the latest rate on

2nd May 2013 at 3.3yen per 1 Baht.

3