18 June 2014
To whom it may concern
Wedge Holdings Co., Ltd.
Tatsuya Konoshita,
Representative Managing Director & CEO(Code 2388 TSE JASDAQ Market)
Contact: Yukihiro Yokoyama, Corporate Officer(Tel: 03-6225-2207)

Announcement of the Acquisition of Shares of Tanabun Company Limited byour Subsidiary, Group Lease
We would like to announce that our subsidiary, Group Lease PCL. (GL) has resolved to acquire
the shares of Tanabun Company Limited and to make it a subsidiary under the company at theBoard of Director meeting held on 18 June 2014.
1.

Reason for Acquisition of Shares
Tanabun Company Limited is a rival company of GL in the motorcycle finance sector and isalso operating other finance business. The following are the reasons of GL acquiring theshares.

ձ Revenue growth from 30% increased operating loans of motorcycle lease.
ղ Business expansion, business consolidation, efficiency and increased profitability fromconsolidation of business.
ճ Acquisition of new finance know-how and advancement into new finance sectors.
This will realize the expansion of GL’s business portfolio in both quantity and quality all at once.
In accordance to the ARFC㸦ASEAN Regional Finance Company㸧Vision announced by GL in2012, other than expanding GL’s high profit business model throughout the ASEAN region
and carrying out international business expansions, GL has expanded its business portfolio
by entering into the new sectors of agricultural machinery leasing business. The recent
acquisition is to further propel this policy forward.
We will continue to expand each business and gain dynamic growth as well as to grab any
opportunities we see.
2. Overview of GL㸦㸯㸧 NameAddress㸦㸰㸧㸦㸱㸧㸦㸲㸧㸦㸳㸧Group Lease PCL.
63 Soi 1 Thetsabannimitrtai Road, Ladyao, Chatuchak,Bangkok 10900.

Name & PositionofCEO Mitsuji Konoshita
RepresentativeBusinessMotorcycle Lease
JPY 1,617 million㸦THB 513,470,191㸧
Capital1

3. Overview of Transferring Subsidiary Company(Tanabun Company Limited㸧The company is the only finance company under a major retail specialized bank, THAI RETAILBANK, which operates the motorcycle lease as its main business. The company ranks 5th in themotorcycle lease market share. The company also provides acquisition and lease services forused motorcycles and collateral loans for motorcycles.
㸦㸯㸧Company㸦㸰㸧Address

Tanabun Company Limited
Unit No. 121/76 RS Tower, 25th Floor, Ratchadaphisek
Road, Din Daeng Sub-District, Din Daeng District,
Bangkok, Thailand

Name & Position
Representative Director Mr. Winyou Chaiyawan (CEO)ofRepresentative
㸦㸲㸧 Business
Motorcycle Lease and its related business㸦㸳㸧 Capital
JPY 1,779 million (THB 565,000,000)
㸦㸴㸧 Established Date 6 December 1978
Major
Thai Credit Retail Bank Public Company
Shareholders
Limited99.9929㸣㸦㸵㸧 andIndividual A              0.0035㸣
Shareholding
Individual B                 0.0035㸣
Ratio
Relation of the C a p i t a l None㸦㸶㸧 company
with Pe r s o n n e l None
Public Companies Transaction None
Consolidated Business Results and Consolidated Financial Conditions of the㸦㸷㸧Company for the Past 3 Years
Accounting Period
Year 2011
Year 2012
Year 2013
JPY 1,831 JPY 1,889 million JPY 1,854 million
Consolidated Net Assets
million(THB(THB 599.78(THB 588.64
581,49 million)
million)million)JPY 3,232
JPY 4,656 million JPY 4,888 million
Total Consolidatedmillion
㸦THB 1,478.22
㸦THB 1,551.94
Assets(THB 1,026.21
million㸧
million㸧
million)JPY 572.13 JPY 824.13㸦THB JPY 865.24㸦THBConsolidated net assets
㸦THB 181.63㸧
per share
261.63㸧
274.68㸧
JPY 1,120 JPY 1,419 million JPY 1,918 million
million㸦THB㸦THB 450.48
㸦THB 609.02
Consolidated Sales
355.61 million㸧
million㸧
million㸧JPY 251 million
JPY 201 million
JPY 156 million
Consolidated Operating
㸦THB 79.82
㸦THB 63.96
㸦THB 49.65
Profitsmillion㸧
million㸧
million㸧JPY 251 million
JPY 201 million
JPY 156 million
Consolidated Ordinary
㸦THB 79.82
㸦THB 63.96
㸦THB 49.65
Profitsmillion㸧
million㸧
million㸧JPY 166 million
JPY 89 million
JPY 21 million
㸦THB 52.70
㸦THB 28.57
㸦THB 6.86
Consolidated Net Profitsmillion㸧
million㸧
million㸧JPY 3.81㸦THB
Consolidated Net Profits JPY 29.38㸦THB JPY 15.93㸦THBper Share
9.33㸧
5.06㸧
1.21㸧
㸫㸫
㸫
Dividend per Share㸦㸱㸧2

4. Overview of Share Acquisition Party㸦㸯㸧 CompanyThai Credit Retail Bank Public Company Limited
123, Thai insurance Bldg 1F, Ratchadapisek㸦㸰㸧 Address
Dingdaeng, Bangkok, 10400
Name & Position㸦㸱㸧 ofRepresentative Director Mr. Winyou Chaiyawan (CEO)
Representative
㸦㸲㸧 BusinessBank㸦㸳㸧 Capital
JPY 9,450 million (THB 3,000,000,000)
㸦㸴㸧 Established Date 6 October 1970
㸦㸵㸧 Net Assets
Undisclosed
㸦㸶㸧 Total Assets
JPY 82,328 million (THB 26,136,038,000)
Major
1. Polaris Capital Investment Limited (25%)
Shareholders
2. Thai Life Insurance PCL. (19.71%)
㸦㸷㸧 and
3. Cherdsri Co., Ltd. (9.49%)
Shareholding
4. CNT Liquor Co. Ltd. (9.13%)
Ratio
5. GLX Bangkok Co., Ltd. (9.05%)
Capital Ties None
Pe r s o n n e lNone
RelationRelation of theTransaction
companywith
None
㸦10㸧
Relation
PublicConditions
Companieswith
None
RelatedPartiesRd,

5. Number of shares acquired, acquisition price, and number of shares held before and aftertransfer
㸦㸯㸧Number ofShares Held
Before Transfer

㸦㸰㸧Acquired Shares㸦㸱㸧Acquired Price

0 Shares㸦Number of Voting Rights㸸0㸧㸦Ratio of Voting Rights㸸0.0%㸧
5,649,600 shares
㸦Number of Voting Rights㸸5,649,600㸧
Ordinary Shares of Tanabun Company Limited
JPY 4,819 Million (THB 1,530Million)
Advisory Fees etc.㸦Estimate㸧  
JPY - Million(THB - Million)

Total㸦Estimate㸧       
JPY 4,819 Million (THB 1,530Million)
5,650,000 Shares
Number of㸦㸲㸧 Shares Held After 㸦Number of Voting Rights㸸5,650,000㸧
Transfer㸦Ratio of Voting Rights㸸100㸣㸧
6. Schedule㸦㸯㸧 BOD Resolution
㸦㸰㸧 Contract
Execution
㸦㸱㸧 Share Transfer

17 June 201418 June 2014
2 July 2014㸦scheduled㸧3

7. Future Prospects  Affects for the consolidated business results from the share acquisition of Tanabun Company
Limited is still under close examination. The specific figures shall be disclosed after confirmation.
Thank you.

4