Translation Purpose Only
June 29, 2010
To All Concerned Parties
REIT Issuer:
Kenedix Realty Investment Corporation
2-2-9 Shimbashi, Minato-ku, Tokyo
Taisuke Miyajima, Executive Director(Securities Code: 8972)
Asset Management Company:
Kenedix REIT Management, Inc.
Taisuke Miyajima, CEO and President
Inquiries:
Masahiko Tajima
Director / General Manager, Financial Planning Division
TEL.: +81-3-3519-3491(Revised) FINACIAL REPORT FOR THE FISCAL PERIOD ENDED APRIL 30, 2010 (REIT)
Kenedix Realty Investment Corporation revised the following parts of the “FINACIAL REPORT FOR THE FISCALPERIOD ENDED APRIL 30, 2010 (REIT)” dated June 14, 2010. Details are provided as follows.
Revision: page 39 “5. Reference Information (2)Properties Roster ①The Price of the Investment Properties and theInvestment Ratio”
The change is indicated by the underlined portion.
【Before Revision】

Type

Area

No.

Tokyo
Office Metropolian A-30
Area

Property NameKDX Nishi-Gotanda
Building

Appraisal Value at the end of Tenth Fiscal Period
Amount on
Direct Capitalization
Ratio
Acquisition
Discounted Cash Flow Method
the BalanceAppraiserMethod(%)
PriceSheet(Note 4)(Note 3)OverallTerminal（Note5）（Note 1）
Discount(Note 2)
Capitalization
Capitalization
ValueValue
Rate (%)
Rate (%)
Rate (%)

4,200

4,145

3,680

3,650

5.4

Subtotal of Office Buildings (63 properties)

213,071

214,579

194,765 197,491- 193,016

---

90.3

Total of 70 properties

235,769

237,204

214,900- 213,066

---

100.0

217,781

3,960

5.2

5.5

C

1.7

【After Revision】

TypeArea

No.

Tokyo
Office Metropolian A-30
Area

Property NameKDX Nishi-Gotanda
Building

Appraisal Value at the end of Tenth Fiscal Period
Amount onDirect Capitalization
Acquisition
Ratio
Discounted Cash Flow Method
the BalanceAppraiser (%)
MethodPrice
Sheet(Note4)(Note 3)OverallTerminal（Note 1）
（Note5）
Discount(Note 2)
Capitalization
Capitalization
Value
Value
Rate (%)
Rate (%)
Rate (%)

4,200

4,145

3,680

3,650

5.4

3,690

5.2

5.5

C

1.7

Subtotal of Office Buildings (63 properties)

213,071

214,579

194,765

197,491- 192,746

-

--

90.3

Total of 70 properties

235,769

237,204

214,900

217,781- 212,796

-

--

100.0

This notice is the English translation of the Japanese announcement on our Web site released on June 29, 2010. However, noassurance or warranties are given for the completeness or accuracy of this English translation.

Translation Purpose Only
July 27, 2010
To All Concerned Parties
REIT Issuer:
Kenedix Realty Investment Corporation
2-2-9 Shimbashi, Minato-ku, Tokyo
Taisuke Miyajima, Executive Director(Securities Code: 8972)
Asset Management Company:
Kenedix REIT Management, Inc.
Taisuke Miyajima, CEO and President
Inquiries:
Masahiko Tajima
Director / General Manager, Financial Planning Division
TEL.: +81-3-3519-3491(Revised) FINACIAL REPORT FOR THE FISCAL PERIOD ENDED APRIL 30, 2010 (REIT)
Kenedix Realty Investment Corporation revised the following parts of the “FINACIAL REPORT FOR THE FISCALPERIOD ENDED APRIL 30, 2010 (REIT)” dated June 14, 2010. Details are provided as follows.

Revision: page 30 “3. Financial Statements (6)Notes 【Financial Instruments】2. Items with Regard to Fair Value ofFinancial Instruments”
The change is indicated by the underlined portion.
【Before Revision】
2. Items with Regard to Fair Value of Financial Instruments
The book value per the balance sheet, fair values, as well as their difference as of April 30, 2010 are as follows.
Book Value(Thousands of Yen)
（Omitted）（2）Investment corporation bonds（Omitted）

12,000,0000

Fair Value(Thousands of Yen)
11,415,600

Difference(Thousands of Yen)
△584,400【After Revision】
2. Items with Regard to Fair Value of Financial Instruments
The book value per the balance sheet, fair values, as well as their difference as of April 30, 2010 are as follows.
Book Value(Thousands of Yen)
（Omitted）（2）Investment corporation bonds（Omitted）

12,000,000

Fair Value(Thousands of Yen)
11,415,600

Difference(Thousands of Yen)
△584,400

This notice is the English translation of the Japanese announcement on our Web site released on July 27, 2010. However, noassurance or warranties are given for the completeness or accuracy of this English translation.