Building a richer future together

May 16, 2016
REIT Issuer
Ichigo Office REIT Investment Corporation (8975)
1-1-1 Uchisaiwaicho, Chiyoda-ku, Tokyo
Representative: Yoshihiro Takatsuka, Executive Director
www.ichigo-office.co.jp/english
Asset Management Company
Ichigo Real Estate Investment Advisors Co., Ltd.
Representative: Wataru Orii, President & Representative Statutory Executive Officer
Inquiries: Hiroto Tajitsu, Head of Administration & Statutory Executive Officer
Tel: 03-3502-4891

Offering Price for New Share Issuance
Ichigo Office REIT has determined the offering price for the new share issuance andunderwriter over-allotment secondary share offering (“Greenshoe”) announced on May 9, 2016.
1. New Share Issuance through Public Offering(1) Offering price(2) Total offering amount(3) Paid-in proceeds(4) Total paid-in proceeds(5) Subscription period(6) Payment date(7) Delivery date

79,365 yen per share
8,743,324,590 yen
76,695 yen per share
8,449,181,370 yen
May 17, 2016 to May 18, 2016
May 23, 2016
May 24, 2016

2. Over-Allotment Secondary Share Offering (“Greenshoe”)(1) Number of shares to be offered(2) Offering price(3) Total offer amount(4) Subscription period(5) Delivery date

5,798 shares
79,365 yen per share
460,158,270 yen
May 17, 2016 to May 18, 2016
May 24, 2016

3. New Shares to be Issued to Underwriter for Over-Allotment Secondary Share Offering(“Greenshoe”)(1) Paid-in proceeds(2) Total paid-in proceeds(3) Subscription date
(4) Payment date

76,695 yen per share
444,677,610 yen (maximum)
June 21, 2016
June 22, 2016

Note: The number of shares issued will equal the number of shares that the underwriter subscribes
for to carry out the Over-Allotment Secondary Share Offering (“Greenshoe”).

Disclaimer: This translation is for informational purposes only. If there is any discrepancy between the Japanese version and the English translation, the Japanese version shallprevail. This document is an English translation of a press release for public announcement regarding issue price for new share issuance by Ichigo Office REIT, andhas not been prepared for the purpose of solicitation of investment. We caution investors to refer to Ichigo Office REIT’s prospectus and notice of amendments
thereto, if any, without fail and to undertake investment at their own decision and responsibility.

1Reference Information
1. Offering Price Calculation(1) Calculation date(2) Calculation date closing share price(3) DiscountMay 16, 2016
81,400 yen
2.5%

2. Syndicate Cover Transaction Period
May 19, 2016 to June 17, 2016
3. Use of Proceeds
Ichigo Office REIT plans to use the net proceeds from the public offering (8,449,181,370 yen)
to acquire the assets specified in the May 9, 2016 release “Acquisition of Eight Office Assets.”
The proceeds from the underwriter new share allotment (maximum 444,677,610 yen) will be
used to fund miscellaneous expenses incidental to the acquisitions. Any remaining funds will bekept as cash-on-hand in the form of bank deposits and used for future asset acquisitions and loanrepayments.

Disclaimer: This translation is for informational purposes only. If there is any discrepancy between the Japanese version and the English translation, the Japanese version shallprevail. This document is an English translation of a press release for public announcement regarding issue price for new share issuance by Ichigo Office REIT, andhas not been prepared for the purpose of solicitation of investment. We caution investors to refer to Ichigo Office REIT’s prospectus and notice of amendments
thereto, if any, without fail and to undertake investment at their own decision and responsibility.

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