Contacts:

Kuraray
Akiko Ide+81-3-6701-1070
kuraraykoho@kuraray.co.jp

GVC S.A.
H. Aaron Parekh+1 2014765250

aparekh@gvcholdings.com

Divestiture of the Former DuPont European PVB Film Business
TOKYO, Japan, Kuraray Co., Ltd. (“Kuraray”, TSE:3405) reached an agreement tosell the European PVB film business formerly owned by European subsidiaries of E. I. du Pont deNemours and Company (“DuPont”), including the production facility in Uentrop and the R&D centerin Mechelen (the “Transaction”) for enterprise value of circa EUR 12 million with adjustments for netcash/debt balance and net working capital upon closing to GVC S.A. which is a subsidiary companyof GVC Holdings, Inc. The Transaction was undertaken to comply with the European Commission’s
conditional approval of the acquisition of the Glass Laminating Solutions / Vinyls Business fromDuPont by Kuraray, which closed on June 1st, 2014 (U.S. local time).
The Transaction is anticipated to close in January 2015, after customary regulatory
approvals. The Transaction’s closure is also conditional upon the European Commission’s approval.
The impact of the Transaction on consolidated results for the fiscal year ending
December 2014 is currently being quantified and will be disclosed after this assessment has been
completed.

(References)
Profile of Kuraray(1) Name(2) Headquarter(3) Representative(4) Business::::(5) Establish(6) URL::

Kuraray Co., Ltd.
Chiyoda-ku, Tokyo, JAPAN
Fumio Ito
Manufacturing and sales of chemicals and resins, fibers and textiles, high performance materials,
medical products and others
1926
http://www.kuraray.co.jp/en

Profile of GVC S.A.
(1) Name(2) Headquarter(3) Representative(4) Business(5) Establish(6) URL

:::::
:

GVC S.A.
Luxembourg
Dr. Greg Parekh
Investment management of European companies, and operation of their business2014
http://www.gvcsa.com

Profile of GVC Holdings, Inc.
(1) Name: GVC Holdings, Inc.
(2) Headquarter: Montavale, New Jersey, USA(3) Representative : H. Aaron Parekh(4) Business: Investment management with a focus on chemical and healthcare sectors(5) Establish: 1992
(6) URL: http://www.gvcholdings.com/# # #10/17/14

October 17, 2014
Kuraray Co., Ltd.

Divestiture of the Former DuPont European PVB Film BusinessKuraray Co., Ltd. (“Kuraray”) reached an agreement to sell the European PVB film business
formerly owned by European subsidiaries of E. I. du Pont de Nemours and Company (“DuPont”),
including the production facility in Uentrop and the R&D center in Mechelen (the “Business”) toGVC S.A., a subsidiary company of GVC Holdings, Inc. (collectively referred to as the“Transaction”). The Transaction was undertaken to comply with the European Commission’s
conditional approval of the acquisition of the Glass Laminating Solutions / Vinyls Business (“VArelated business”) from DuPont by Kuraray, which closed on June 1st, 2014 (U.S. local time).

1. Summary of the Transaction(1) Scope of the Business
European PVB film business formerly owned by DuPont, including a manufacturing site
located in Uentrop, Germany and a R&D site located in Mechelen, Belgium(2) Structure of the Transaction
100% of the share capital of Kuraray Deutschland GmbH and Kuraray Belgium N.V., in which
the Business has been operated, plus license to related IP, will be transferred from Kuraray to
GVC S.A.

(3) Consideration of the BusinessEnterprise value of circa EUR 12 million with adjustments for net cash/debt balance and net
working capital upon closing(4) Timeline
Anticipated to close in January 2015, after customary regulatory approvals; Transaction
closure is also conditional upon the European Commission’s approval.

2. Outlook
The impact of this transaction on consolidated results for the fiscal year ending December 2014is currently being quantified and will be disclosed after this assessment has been completed.

3. Profile of GVC S.A. and GVC Holdings, Inc.
GVC S.A.
Headquarters: Luxembourg
Representative: Dr. Greg Parekh
Business: Investment management of European companies, and operation of their business
Established: 2014
GVC Holdings, Inc.
Headquarters: Montvale, New Jersey, USA
Representative: H. Aaron Parekh
Business: Investment management with a focus on chemical and healthcare sectors
Established: 1992