7 April, 2014
To whom it may concern
Showa Holdings Co., Ltd.
Mamoru Shigeta,
Representative Executive Officer and President(Code 5103 Tokyo Stock Exchange)
Contact: Tomohiko Shoji, Executive Officer(Tel: 03-6225-2207)

Regarding the Sponsorship Agreement between our Major Shareholder andProfessional Tennis Player, Toshihide Matsui
Recently, our major shareholder, APF Holdings has entered into a sponsorshipagreement with professional tennis player Toshihide Matsui. APF Holdings has been
providing continued support for athletes and has sympathized with Matsui’s battle in theinternational stage. Therefore, APF Holdings will support him to the top 100 global ranking
as well as higher challenges.
Matsui is a veteran who has been active as a professional tennis player for many years
and was at the top of Japan’s professional player Doubles ranking at the end of 2013. We
sincerely welcome cooperation with players such as Mr. Matsui.
Our subsidiaries, Lucent Co., Ltd., which mainly is operating the tennis and soft tennis
related business in Japan and Wedge Holdings Co., Ltd., is operating the supplement andoverseas tennis related business. The initial business of our company, founded in 1886,
was the manufacturing of the first soft tennis balls, the AKAEMU.
The sports business is considered our core business since the founding of our company.
We believe that we have an important mission to promote sports. Especially in the recent
years when Lucent Co., Ltd., has re-entered into the tennis field, and branched out to themanagements of tennis clubs. The favorable trend of sales and profits has made it one of
the main growing businesses in our group.
Our Board Chairman, Mr. Mitsuji Konoshita, is also the Representative Director of APF
Holdings Co., Ltd. Matsui and players contracted under the same company will provide
their support in our sports business. We will build up and promote tennis communities
throughout Asia with the cooperation of the mentioned player and will be making concreteplans for events in the future.
We are a veteran company with 128 years of experience. Veteran player, Toshihide
Matsui’s battling stance, continuous high motivation and competency for continuous
victories will be taken into our company’s management and once again we vow tocontinue our battle throughout Asia. We humbly ask for the support from concernedparties.
Below is the press release from APF Holdings Co., Ltd. (The release is reported in Englishand sent to mass media in Southeast Asian countries. The press conference held today inthe presence of ITF (International Tennis Federation) was packed with news reporters.)

Regarding the Sponsorship Agreement between APF Holdings and Professional
Tennis Player, Toshihide Matsui
APF Holdings has entered into a sponsorship agreement with professional tennis player,
Toshihide Matsui.
Matsui is a professional tennis player with a distinguished career such as a silver medalfrom the Asian Games, Japan’s national player in the Davis Cup, champion in All-Japan
Championship and more under his belt. He is also a top national player who ranked 1st in
All-Japan Doubles ranking in the end of 2013.
Although the first lease company in Cambodia, GL Finance has been the main sponsor of
the Tennis Federation of Cambodia since 2012 and has contributed to the development ofCambodia’s tennis by holding international tournaments in Cambodia. The sponsorshipagreement with Matsui is made by APF Holdings, which is the group company of GLFinance.
From the agreement, APF Holdings will sponsor the activities of professional tennis
player, Toshihide Matsui, who has been internationally active. Tennis events in Cambodia
are scheduled to be help through the cooperation between Matsui, APF Holdings and GL
Finance. We are hoping to contribute to the tennis in Japan and Cambodia as well as thepromotion of the whole sports community.
We humbly hope that you can look forward to Matsui’s ever increasing efforts inCambodia, which will eventually progress throughout Asia.

Type of Agreement : Affiliated Sponsorship Agreement
Agreement Period : From 1 April 2014 to 31 March 2015

7 April 2014
APF Holdings Co., Ltd.
Representative Director
Mitsuji Konoshita