Press Release
October 10, 2014
Company Name:EPS Corporation
Yan Hao, Chairman & CEO
Representative:
Shinro Tashiro, President & COO(Code: 4282, First Section, Tokyo Stock Exchange)
ir@eps.co.jp
Contact:

Announcement Regarding Introduction of System for Topping up Shareholdings ofLess Than One Unit and Partial Amendment of the Articles of Incorporation

EPS Corporation resolved, at a Board of Directors meeting on October 10, 2014, to table a
proposal for the 24th General Ordinary Meeting of Shareholders scheduled for December 19, 2014.
This proposal, “Partial Amendment to the Articles of Incorporation,” is in relation to theintroduction of a system for topping up shareholdings of less than one unit. Details are provided
below.
1. Introduction of a System for Topping up Shareholdings of Less Than One Unit
(1) Purpose of Introduction
Shareholders possessing shareholdings of less than one unit may request the topping up ofshareholdings of less than one unit. The current introduction of a system for topping up
shareholdings of less than one share unit aims to expand the number of choices available toshareholders possessing shareholdings of less than one unit.
(2) Details of Topping-up SystemThis system allows shareholders possessing shareholdings of less than one unit to submit
a demand for the sale of a number of shares that will, when combined with theirshareholdings of less than one unit, constitute one unit.
(3) Conditions for Introducing the Topping-up System

The introduction of this system is conditional upon approval at the Company’s 24th
General Ordinary Meeting of Shareholders, scheduled for December 19, 2014, of a
proposal for partial amendment of the Articles of Incorporation.
2. Partial Amendment of the Articles of Incorporation(1) Purpose of Amendment
In accordance with the introduction of a system for the topping up of shareholdings of less than one
unit, the purpose of the amendment is to newly establish Article 10 to the Articles of Incorporation(Topping up Shareholdings of Less Than One Unit), based on the provisions of Article 194, Paragraph
1, of the Companies Act, and accordingly to partially amend certain expressions in Article 9 of theArticles of Incorporation.
(2) Content of Amendment
The content is as described below.

(Changes are indicated by underlined text.)
Current Articles of Incorporation

Amended Articles of Incorporation

Articles 1 through 8 (headings omitted)

Articles 1 through 8 (as currently)(Rights Related to Shareholdings of Less Than One Unit)(Rights Related to Shareholdings of Less Than One Unit)

Article 9: Shareholders possessing shareholdings of lessthan one unit of the Company’s shares may not exercise
rights except those indicated below.
1. The rights provided by the items in Article 189,
Paragraph 2, of the Companies Act
2. The right to demand as provided by Article 166,
Paragraph 1, of the Companies Act
3. The right to receive the allocation of sharesubscriptions or share options for subscription inaccordance with the number of shares possessed by theshareholder.
(New Establishment)

Article 9: Shareholders possessing shareholdings of lessthan one unit of the Company’s shares may not exercise
rights except those indicated below.
1. The rights provided by the items in Article 189,
Paragraph 2, of the Companies Act
2. The right to demand as provided by Article 166,
Paragraph 1, of the Companies Act
3. The right to receive the allocation of sharesubscriptions or share options for subscription inaccordance with the number of shares possessed by theshareholder.
4. The right to demand as provided in the following article(New Establishment)(Topping up Shareholdings of Less Than One Unit)
Article 10: By the establishment of share handlingprovisions, The Company’s shareholders may submit ademand for the sale of a number of shares that will, whencombined with their shareholdings of less than one unit,
constitute one unit.

Articles 10 through 47 (headings omitted)(New Establishment)

Articles 11 through 48 (as currently)(Supplementary Clauses)
Article 1: The numbering shall be moved down inaccordance with the new establishment of Article 9,
Paragraph 4, and Article 10, with January 1, 2015, as theeffective date.
Article 2: These supplementary clauses shall be deleted
after the effective date of the amendments to the Articlesof Incorporation provided in the preceding articles.

3. Schedule
Date of the General Ordinary Meeting of Shareholders forAmendment of the Articles of Incorporation (Scheduled):
Effective date of amendments to the Articles of Incorporation(Scheduled):

December 19, 2014 (Friday)
January 1, 2015 (Thursday)