March 22, 2013
To All Concerned Parties
Issuer of Real Estate Investment Trust Securities
1-1, Nihonbashi-Muromachi 2-Chome, Chuo-Ku,
Tokyo 103-0022
Nippon Accommodations Fund Inc.
Executive Director
Yuji Yokoyama(Code Number 3226)
Investment Trust Management Company
Mitsui Fudosan Accommodations Fund Management Co., Ltd.
President and CEO
Kosei Murakami
Contact CFO and Director
Satoshi Nohara(TEL. 03-3246-3677)

Notification Concerning the Decision on the Number of Units to be Issued
with Regard to issuance of New Investment units by Third-Party Allocation
Nippon Accommodations Fund Inc. (“NAF”) hereby provides notice that, concerning the issuance of new
investment units by third-party allocation decided upon with the issuance of new investment units by public offeringand the secondary offering of investment units by overallotment by resolution at the Board of Directors’ Meeting
held on February 7, 2013 and February 19, 2013, notification was received today from the allottee regarding thesubscription for all of investment units planned to be issued.

(1) Number of new investment units to be issued

2,000 units(Number of investment units planned to be issued 2,000 units)(2) Total amount to be paid in (issue value)¥1,247,304,000(Per unit ¥623,652)(3) Subscription period (subscription date)

March 25, 2013 (Mon)(4) Payment date

March 26, 2013 (Tue)(5) Allottee

Nomura Securities Co., Ltd.

<Reference>
1. This issuance of new investment units by third-party allocation was decided upon with the issuance of new
investment units by public offering and the secondary offering of investment units by overallotment byresolution at the Board of Directors’ Meeting held on February 7, 2013 and February 19, 2013.
For details on the third-party allocation, please refer to “Notification Concerning Issuance of New Investment
Units and Secondary Offering of Investment Units” released on February 7, 2013 and “Notification Concerning
the Decision on Prices etc. with Regard to Issuance of New Investment Units and Secondary Offering ofInvestment Units” released on February 19, 2013.
2. Change in the total number of issued investment units by this issuance by third-party allocation
Total number of issued investment units at present
228,711 units
Increase in number of investment units by this issuance
2,000 units
Total number of issued investment units after third-party allocation
230,711 units<Caution> This document is a press release intended for general publication regarding NAF’s issuance of new investment units by
third-party allocation and is not whatsoever for purposes of soliciting investment or the like.

3. Use of procured funds by this issuance by third-party allocation
The net balance for this third-party allocation (¥1,247,304,000) shall be allocated for the acquisition of specified
property to be purchased by NAF in and after April 2013 (as mentioned in “Notification Concerning Acquisition ofDomestic Real Estate Properties and Domestic Real Estate Trust Beneficiary Interest” released on February 7,
2013. Any remaining balance shall be kept as funds on hand and used for future acquisitions of specified
properties or repayments of borrowings.



The Japanese original document was distributed to press clubs within the Tokyo Stock Exchange(Kabuto Club) and the press club of the Ministry of Land, Infrastructure, Transport and Tourism,
and to the press club for construction publications of the Ministry of Land, Infrastructure, Transportand Tourism.
NAF website: http://www.naf-r.jp/english/index.html

Please note that this English translation of the Japanese original document is provided solely for information
purposes. In the event of any discrepancy between the Japanese original and this English translation, theJapanese original shall prevail.

<Caution> This document is a press release intended for general publication regarding NAF’s issuance of new investment units by
third-party allocation and is not whatsoever for purposes of soliciting investment or the like.