November 6, 2012
To Whom It May Concern:
Wedge Holdings Co., Ltd.
Muneo Tashiro, CEO and President(Code 2388 Daisho JASDAQ Market)
Contact: Tomohiko Shoji, Director(Tel: 03-6225-2207)

Press conference in Cambodia for finance business.
～Senior Minister, Minister of Commerce visited with high expectation fordevelopment of new business and contribution to economic growth in Cambodia～
GL Finance PLC. (GLF), a subsidiary in Cambodia announced that it had press conference for its fullstart-up business in Cambodia on 26 October 2012. H.E. Cham Prasidh, Senior Minister at Minister ofCommerce of Cambodia reviewed its sales activities at GLF office and presented a speech for GLF at theconference. It became very memorable event for GLF.
The press conference took place at GLF Headquarter in Phnom Penh, GLF announced its full start-up in
Cambodia and its future business plans. At the conference, H.E. Cham Prasidh, Senior Minister at Minister ofCommerce of Cambodia attended and gave a sincere compliment to GLF with high expectation forcontribution to economic growth in Cambodia through its one and only motorcycle finance service.

Above：H.E. Cham Prasidh, Senior Minister, Minister of Commerce and Mr. Mitsuji Konoshita, president of
GLF
Since GLF moved into Cambodia in May 2012, launched its
sales offices one after another mainly at Phnom Penh from
September 2012 and opened 11 sales offices which covered
45% of motorcycle sales by the end of October 2012, it had
made aggressive investment to contribute to Cambodian
economic development. Many media came to the conferencewith strong interest in new business start in Cambodia.

1◆ GL Finance PLC - Press Release Oct 26, 2012
Today, His Excellency Mr. Cham Prasidh, Senior Minister and Minister of Commerce of The
Kingdom of Cambodia had attended the Press Conference of the country’s first Financial Leasing
Company, GL Finance PLC (GLF). GLF set its mission high to improve the quality of people’s lifeof Cambodia by assisting them to own the motorcycle “Now & Easy”.
In the Press Conference at its head office today, GLF’s President Mr. Mitsuji Konoshita stated“This is our most honorable moment that His Excellency Mr. Cham Prasidh has visited andjoined our Press Conference now”.
GLF had itself registered in the Ministry of Commerce on 14 March 2012, and achieved the
Financial Leasing Business License from the
National Bank of Cambodia on 17 May 2012. Since
then with the partnership with N.C.X Co., Ltd, GLF
had launched its leasing operations.
Mr. Konoshita stated that the GLF’s mission is toimprove the quality of people’s life of Cambodia byassisting them to own their motorcycles “Now &Easy”. By making people of Cambodia able to access the fund of Leasing, GLF will contribute not
only to improve their quality of life, but also to accelerate the development of whole Cambodian
economy.
“Only with some advance payment and collateral, Our customer could get his own motorcycle“Now & Easy”. Easily our customer can own their brand-new motorcycle and start their life withmotorcycle Now. There was no Leasing services in Cambodia before.” stated by Mr. Konoshita.
GL F will also provide all services from registration to insurance.
GLF now has its sales office in 8 of the Honda Authorized dealers and 2 of NCX Showrooms
inside Phnom Penh and Kandal province. These are NCX Showrooms on Monivong Blvd andopposite of the airport, and the Honda Authorized dealers, HONDA CHHOEM NEANG,
HONDA CHEA SAMBO, HONDA CHEUNG SONGHY, HONDA VAN SEU HENG,HONDA
CHHAY LY , HONDA POK PHALRA, HONDA HENG SAMBO and HONDA LY KONG. Mr.
Konoshita said that GLF will open just one
more sales office in Honda authorized dealer,
HONDA SOK HY, and it means GLF will havecompleted to cover whole Phnom Penh andvicinity at the end of October. And will cover allover Cambodia in 2013.
Ends.

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◆ GL FINANCE PLC.

President Mr. Mitsuji Konoshita

Speech in Press

Conference on 25th OCT 2012
I would like to welcome to Excellency Cham Prasidh, Senior Minister, Minister of Commerce,
Excellency Katsuhiro Shinohara, From HONDA NCX Mr.Huy, Our distinguished guest, Ladies &Gentlemen, Good afternoon.
First and foremost, I’d like to convey my sincerest condolences to the entire Khmer people for theloss of your king father Norodom Sihanouk. His wisdom and presence would be sorely missed byus all.
On the happy side, I’d like to welcome and thank his Excellency Cham Prasidh, for gracing uswith his presence on the most important happiest day of GL finance here.
Just 1 year ago, we came to Cambodia in this building with the most cooperated from HONDA
N.C.X Co., Ltd. Just 25th OCT 2011, we came to this building.
Financing and giving financial lease to the Honda customers. Also in the future, we will provide alot of products to all the society for the economy.
I would like to talk about our company history and also why we come here Cambodia. A little bittalk about myself, I was tennis player until 30 years old with my secretary Mr. Koji Ito & COO
Mr.Riki Ishigami, we played tennis every day and we could not make money. And I become abusiness man luckily.
In 1997, Asian economic crisis happened. At that time, we have chance to go into Thailand,
Malaysia, and the other Asian countries to do solving NPL (Non-performing loan) in this financial
crisis situation.
After that, about 15 years, we have been financing and giving investment and sometime taking
over the companies, we have taken over the companies more than 30 companies in ASEAN
countries.
But for Cambodia, for AEC (ASEAN economic community) open up, ASEAN economy open up, all
the companies not only Asia but in the world especially I want to emphasize the Japanesecompany, we have to see the economic growth of ASEAN countries.
Before, ASEAN countries were considered as effective cost countries for exporting from factorysome product to Europe, America, and Japan in 10~20 years ago.
But at this moment, we could consider a lot of big percentage of population in any ASEAN
countries, we could consider as consumer. Consumption power has been going up , developing somuch, so much different from 10-20 years ago.
That’s why we should consider going aggressive and then, our decision was to see & come to
Cambodia.
The Cambodia is not one of, I think the most possible and then opportunity country for foreign
investors. In many industries, I can find out many good business resources here from many
aspects. But if I speak how I love this country and how I see the the opportunity here, it takes solong time. That’s why I don’t talk about it.
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Also if talking about AEC open up, how is going on, please don’t ask me. Please ask his Excellency
Cham Prasidh. I hope everything goes well.
The other hand, my personal history with Cambodia. First I came to Phnom Penh 1998, just 1
year after the internal war. At that time, city was not like this, we cannot go out after 17:00
o’clock because people said very dangerous, very dangerous. The road was not like now. The roadsituation was not paved. Also motorcycle and cars don’t have the number plate at that time. After
that, we have been waiting for being put the number plate on the car, especially motorcycle.
Actually, economic grows very fast here, every car and every motorcycle have number plate,almost perfect.
After I arrived until I started business in 2011, I have loved Cambodia for 12-13years but I could
not start business. In the other hand, I really love Cambodia history and Khmer history. I love to
go to Siem Riep, I went to Angkor Wat more than 20 times in 10 years. I love the history of
Cambodia, how they come and how come to be one of the biggest empire in the world, people’s
standard life was very high, we can see it in Angkor Wat by what they show with curving.
A little bit talk more about myself, I love going up to the mountain. Which mountain I love themost in the world, FUJI mountain in Japan, In Europe many mountains, and here’s Himaraya
Mountain, but the most I love is Phnom Kulen ( *one of famous sightseeing spot in Siem Riep) .
*Coming up many Hand Clap
This year, I went to the Phnom Kulen with Mr.Koji Ito, it is still not developed, many roads very
narrow, the car could not go into. When we went up, very very slippery….But we didn’t feel any
danger there. Why? Because all the time I had Honda Dream(One Bland of Honda Motorcycle),
one of the most trusty motorcycle in the world.
(In khmer )Now I speak Khmer language but not so good. I like & love Cambodia & Khmer people and I
want to live here FOREVER. I’m sorry because I speak a little Khmer language.
I would like to wish all of you, Excellency Cham Prasidh, Excellency Sinohara, our distinguishedguest. All ladies and gentlemen, the wisdom of Khmer word. But I am talking with bad Khmer
pronunciation, please listen very carefully.

(In khmer )I will all of you the happiness4◆Speech of H. E. Cham Pradesh in Press Conference on 25th OCT 2012
I would like to express my respects for H.E. Shinohara, Mr. Huy, Konoshita-san, excellencies,
ladies and gentlemen for your presence at today’s important event.
Today, it is my pleasure to be here with excellencies, ladies and gentlemen on the occasion of
inauguration of an important financial service office of the GLF company owned by Mr.
Konoshita. According to Mr. Konoshita, who came to our country in 1998, we noted he was quite
interested in working in our country though he was also worried since the start in relation to the1997’s [armed conflict] event. I believe that the Japanese would come [to invest] following the1997’s event. [I don’t know] what some investors have thought of Cambodia, and have been afraidof investing in this country. But, reassured with the developments and political stability in thiscountry in the aftermaths of the 1997’s event, including sustainable water policy, pumping
stations, political stability under the wise leadership of Samdech Akka Moha Sena Padei Techo
HUN SEN, Prime Minister of the Kingdom of Cambodia, Mr. Konoshita renewed his investment
in Cambodia, saying not only has his group invested in Cambodia, but has also branches inThailand and other countries. So, what is the reason inspiring him to invest in our country
Cambodia at this moment? It’s because of the trust he has had in the political and economic
climates in the Kingdom of Cambodia, according to his remarks a moment ago. That’s the reason
behind his decision to invest here. He closely followed up the situation in Cambodia. If oureconomy was not based on an open market, he would have not come to invest here because
Japanese investors would not make an investment in any country without a comprehensive
study which, in some cases, could take up to 3-4 years. And, I noted Mr. Konoshita has considered
the investment here since 1998 before he made it materialize. GL Finance’s project initiativedeserves my appreciation. Up to now it has 11 branches in Phnom Penh, which I predict would
probably be expanded to some more 36 branches across the country in the next year. If we take alook from this beginning point, [we can see] it is a fast growing company. And, what are thebenefits of the services for our people and country? We can see that some people do not haveadequate funds to buy means of transport, and most of them need motorcycles, for instances, indealing with their business, for transporting chicken, pigs, ducks and other goods, so they needmotorcycles, or for traveling to work. But, sometimes, they could not afford it, [so they] can have
two plans. [They may not] have enough money to buy a motorcycle. Even though it is widely
known that Honda is a high quality and reliable motorcycle, its price is not low, i.e. over a
thousand dollars. So, how can we help our people to own a motorcycle? So, the services provided
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by GL Finance will allow the people with permanent job to become owners of motorcycles in spiteof their financial shortage. They (the company) may loan us to buy motorcycles subject to ourfamily living conditions. It means that they gave us a loan, but we need to pay 30% of the
motorcycle’s price first. This proves that the service is good. And, a moment ago, I have asked foryour confirmation regarding the interest payments following the 30% initial payment. And, howwill the remaining payment be settled? So, we may have 2-3 year term for settling the payments
in full, and the interest will be charged in this way, so it is the first choice that gives our people
more ability to buy motorcycles. I believe that through these services there will be an instantincrease in the Honda sales volume in the Kingdom of Cambodia of up to at least 20% to 30%
owing to the fact that Honda is the first one to introduce the so-called project. Hence, it is clearthat Mr. Konoshita has chosen Honda to be the first partner because it is a reliable andsystematic company which not only owns a factory in this country but also a facility which
provides the high quality technical services. Apart from these, Honda has been long known for its
popular and high quality motorcycle brand, the reason for which he established the first link with
Honda not because of the money of Honda but of its high quality motorcycles produced by Honda.
That is the major reason this business has been created where a Japanese firm works withanother firm of the same nationality. But in Cambodia, the combination of these two will be a
dynamic drive for the national economy which will give our people more access to the motorcycle
purchase. Let me predict there will be an immediate annual rise of some 20% to 30%. My
prediction is based on the fact buyers have to pay between $1,000 and $1,200 in order to get a
Honda motorcycle from Honda Company. But for now, it is more understandable and faster than
before as the number of buyers will be upped. Therefore, I personally believe that it is the service
that receives incentives from our government and we want to see our people’s poverty can be
reduced soon, and if the costs of production and transport for our people are reduced or if ourpeople have more access to have a means of transport of their own, I believe there may be an
expansion in their business, and the production capacity and sales will be more, which would
eventually accelerate our economic growth. By doing so, we think that the service if we do notlook at more closely would not be large for our economy but I personally believe that is not only ameans and path which would help in the alleviation of the poverty of our people but it also
responds to the policy of government led by Samdech Akka Moha Sena Padei Techo HUN SEN,
Prime Minister of the Kingdom of Cambodia, who announced that other than the efforts to findpeace for Cambodia, he would engage in a war which is to fight against the poverty of our people.
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I would at this point like to express my appreciation for the delivery of the financial lease services
for our Cambodians, which would help the government in the poverty reduction. At thisopportunity, I would also like to thank Mr. Konoshita for his interest in investing in Cambodia
both physically and spiritually. It must be a doubt for everyone that I, the Commerce Minister,
have involved in this financial matter. Let me explain that the relation started with the playing ofgolf and tennis, the events of which he is the prime sponsor for the Tennis Federation of
Cambodia, which H.E. Tep Rithivit is the General Secretary. What is most important for us, I
think, is that his presence here with the service of what is described as Free Financing would
help contribute to the development of business sector through his capital which is provided in theform of motorcycle loans. This means that he also provides loans to people to start businesses, forexample, they are used as a means to transport passengers (motorcycle taxi) for money and goods
to the market, which would help improve the effectiveness of our national economy. In thisconnection, I find that I should be also present here in my capacity as Commerce Minister. I
would like to tell a good news that I am present here because I find that it is the link between the
two Japanese companies, GL Finance and Honda Company through chosen Honda NCX in
Cambodia. I believe that the combination of these two sister products would help our Cambodian
people, so I, on behalf of the Royal Government of Cambodia and especially of Samdech Akka
Moha Sena Padei Techo HUN SEN, would once again like to highly appreciate Mr. Konoshita fororganizing this project in such a rapid manner. Like he said, if they just sit a few minutes
completing some documents and get a motorcycle and drive it home to meet his wife, it would bea great benefit. For young men can drive it with their girlfriends after work, so it looks wonderful,
but be careful so that the money will not be lost. In spite of this, I understand that this is a golden
opportunity for some of our people who are not yet capable to afford a motorcycle due toinadequate money. Like all of you who are present here, I am very delighted in today’s event and I
would once again like to express my sincere appreciation for Mr. Konoshita for organizing thismeaningful event and for all colleagues, officers and staffs of GL Finance for their presence here.
And it would be the opportunity for its dealers across the country, who are owners of Honda
Depots or simply called Honda vendors to sell the products as it is the high quality motorcycle
brand most popular among our people. So, there is no need to worry about the loss as thebusiness would always earn them more or less profits. Admittedly, I don’t know much about
motorcycle but the sales volume would be quite high. At this opportunity, I would like to wish GL
Finance as well as all other associated companies and Honda NCX prosperity so that they would
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continue to provide the good services for our people and wish Mr. Konoshita, excellencies andladies and gentlemen, who are present here the five gems of Buddha: Longevity, Nobility, Peace,
Power and Unfading Beauty for always.

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