21 May, 2015
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)

Launched Finance Business in Laos and Held an Opening Ceremony-- GL LAO Was Licensed for Finance Business --Our major affiliated company, the SET-listed micro finance institution, Group Lease PublicCompany Limited (GL) established their subsidiary GL Leasing (Lao) Company Limited (GLL) onJuly 2014. They had prepared to launch micro-finance business in the Lao People's Democratic
Republic while they had applied for a financial business license to Bank of Lao PDR. This is to
notify you that, on May 14, we were officially licensed to operate finance business by Bank of Lao
PDR and now ready to start the business in Laos.
GL has been aiming to launch business in Laos based on ARFC vision of which object is toexpand multilateral finance business throughout ASEAN region. GLL was established andregistered on July 28, 2014 by Ministry of Industry and Commerce of Lao PDR, and now licensed
to operate finance business by Bank of Lao PDR on 14 May, 2015. It is generally said to takesometimes over two years to get this license in Laos, but we were licensed after about six
months from application. We believe GL Finance that is the GL’s subsidiary in Cambodia has
grown steadily, contributed to Cambodian economy and Peoples life, and been highly valued by
The National Bank of Cambodia. This fact created strong expectation from Bank of Lao PDR andstrong relationship of trust with them at the same time and lead to this quick issue of the license.
Moreover, while we fulfilled rapid growth in Cambodia by cooperating with NCX HONDA(manufacture and sales company for HONDA in Cambodia, etc.) as partners, we will also havebusiness cooperation with them in Laos. This relationship creates high expectation on our futurebusiness.
As we have tried in Cambodia, etc., we will develop new finance service aggressively in Laos inaddition to motorcycle leasing and agricultural machine finance, in order to contribute growth of
Laos’ “grass-roots economy” and improve people’s life in Laos.
In the recent six months, we had engaged in daily education for our employees withcooperation of preceded Thai and Cambodian stuff. Current number of employee is 42 compared
to only one at the time of July 2014, and their preparation had completed to launch businessthroughout Laos.

1Herewith, we held an opening ceremony on May 15. It was a memorable day for GLL with
precious opportunities such as presences and speeches of H.E.Hiroyuki KISHINO, Ambassador
Extraordinary and Plenipotentiary of Japan to the Laos PDR and Mr. Sonexay SITPHAXAY, Bank of
the Lao PDR Deputy Governor. The ceremony was highly successful with more than 10 executives
from Bank of Lao PDR and the attendances from our partners such as HONDA NCX and KUBOTA,
attracting four local media in Laos and seven media from Thai for their reports.
GLL Chairman and Chief Executive Officer Mitsuji Konoshita announced in his speech that theiremployees’ training had been completed and they were ready for opening 17 sales locations intotal for motorcycle and agricultural machine leasing by the end of June. He also announced thatthey were planned to hire people in each area of Laos. Furthermore, he stated the company’sstrategy to expand business in the fastest speed of any finance firm taking root locally not only in
Laos but also in wider region of Asia to create local working opportunities in an international
company for excellent youth in rural areas.
We will appreciate kind support from our stockholders, investors, and other persons concernedfor our breakthrough.

Cutting the tape atthe opening ceremony

Receiving official license fromBank of Lao PDR

2Mr. Hiroyuki Kishino,Ambassador Extraordinary andPlenipotentiary of Japan to Laos

Mr. Sonexay SITPHAXAY,
Bank of the Lao PDR Deputy Governor

3About GLLWith “First Fast Forward” as our motto, GLL will make effort to expand business in Laos byworking together under the strong leadership by the Managing Director Kaname Hashimoto,General Manager Alain Dufes, and Manager Thenkham Haraxiay with cooperation of Japanese,French, and Laotian stuff and strong support by the parent company in Thailand, GL and thebrother company in Cambodia, GLF.
Kaname Hashimoto / Managing Director*Market developing specialist
for developing countries*[ Biography ]Apr. 1995 Joined SEKISUI CHEMICAL CO., LTD.
May 2005 Sales manager of SEKISUI (QINGDAO)
PLASTIC CO., LTD.
Oct. 2008 Vice president of SEKISUI (QINGDAO)
PLASTIC CO., LTD.
Oct. 2013 Chief of Architectural Equipment Sales
Group, SEKISUI CHEMICAL CO., LTD.
Apr. 2014
Joined Wedge Holdings Co., Ltd.
Promoting overseas business
July 2014
GLL Managing Director[ Aspiration for future ]Past business activities of GL group were highly
evaluated by the Laos government and Bank of theLao PDR, thus we can now start our business in such
short period. We had already started and completed
various preparations for business launch, including
market research and employee training.
As I personally go to work with my beloved
motorcycle everyday, GLL is striving to be a leading
company in Laos by all employees working together
with our motto of improving living standards for ourcustomers.

Alain Dufes / General Manager*Finance and IT specialist*[ Biography ]Born in France
1999 Manager of DUBUS SA (French institutionalbank)2000 Portfolio manager of DUBUS Lille SA
2011 Managing Director of DUBUS LAO IT
2014 GLL General Manager[ Aspiration for future ]I am very pleased to be part of a new adventure
and challenge of the GL group.
Lao P.D.R is on the way of growth for the nextyears, and our company is ready to serve and fulfill
our mission and vision for the population of Lao P.D.R,
which is: help them to improve their life throughincreasing their productivity.
So this eco system should benefit to everyone,people and country.

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Thenkham Haraxiay / Manager* Finance specialist for Laos grass-roots economy *[ Biography ]Born in Laos
2003 Coordinator for Primary Elementary Supportfor Laos (PESL), Ministry of Education
2006 Director for Program of Capitalization on
Support to Rural Development Policy(PCADR), Ministry of Agriculture and Forestry
2010 Chief of credit network division, Fonds
Cooperatifs SA
2012 Team leader of SME and retail banking
division, Banque Franco-Lao Ltd (BFL)
2014 GLL Manager[ Aspiration for future ]I’ve a good opportunity to work in GL group, such
big and has got a large connection in Asia.
Our goal for 2015 when started the operation it’s
to reach the target we’ve planned to do and get as
many lease contracts on motorcycle as we can.
A young team of more than 30 people is ready togo through a new challenge now. They have been
training in finance system, technique on sale to beready for D-Day comes over for several months.
Our team is sure to do our best!

Thank you.

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