Page 1/3

Thursday, December 27, 2007

To All Concerned Parties
Kanamoto Company, LimitedStock Code 9678
Tokyo Stock Exchange 1st Section; Sapporo Stock Exchange
Hiroyuki Isono
Director and Corporate Officer, Division Manager, Administration
Division and General Manager, Office of the President< Contact for inquiries concerning this material >Yuichi Takayama
IR & Public Relations Section Manager, Office of the President
Telephone: + 81 – 11 – 209 – 1631

Notification Concerning Partial Revision of theArticles of Incorporation
The Board of Directors of Kanamoto Company, Limited (Kanchu Kanamoto, President; Head Office:Sapporo, Japan), Japan’s leading construction equipment rental company, approved a written
resolution to deliberate the “Partial Amendment of the Articles of Incorporation” at the 43rd Regular
General Meeting of the Shareholders scheduled to be held on January 29, 2008.
1. Reasons for the Proposed Amendment(1) To support the General Worker dispatching undertaking performed by the Company and theCompany’s medical equipment sale and rental business, the Company purposes to amend its
current Articles of Incorporation by adding these activities to the purposes of the Company
under Article 2 (Purpose) and revise the numbering in conjunction with this change.
(2) To enable the Company to achieve a flexible capital policy for the purpose of supporting growthof the Company’s businesses in the future, the Company proposes to increase the total numberof shares authorized to be issued prescribed in Article 6 (Total Number of Shares Authorized tobe Issued) of its current Articles of Incorporation from sixty-six million (66,000,000) shares to
one hundred and thirty million (130,000,000) shares.
(3) To provide for a flexible dividend policy, the Company proposes to establish a new Article 38(Decision-making Organization for Dividends from Retained Earnings and Other Matters),
revise existing Article 38 to Article 39 (Date of Record for Dividends from Retained Earnings)
and newly add paragraph 2 and paragraph 3 and delete Article 39 (Interim Dividends) of its
current Articles of Incorporation, to provide for the ability to pay dividends from retained
earnings and decide other matters based on a resolution of the Board of Directors.
(4) To make other necessary revisions in conjunction with the above.
2. Details of the Proposed Amendment
The details of the proposed amendments to the Articles of Incorporation are shown in theAttachment.

Notification Concerning Partial Amendment of the Articles of Incorporation
2007/12/27

3. Schedule
Date of the General Meeting of the Shareholders
for amendment of the Articles
Effective date of the amendment of the Articles

Page 2/3

January 29, 2008
January 29, 2008
End

Notification Concerning Partial Amendment of the Articles of Incorporation
2007/12/27

Page 3/3(Attachment) *Revised items are indicated by the underline
Existing Articles of Incorporation

Proposed Amendments

CHAPTER 1 GENERAL PROVISIONS(Purpose)
Article 2

CHAPTER 1 GENERAL PROVISIONS(Purpose)

The purposes of the Company shall be toengage in the following businesses.
(1) – (15)(Text omitted)

Article 2

The purposes of the Company shall be toengage in the following businesses.
(1) – (15)(Text omitted)(New)(16) General worker dispatching undertaking(New)(17) Activities related to the sale and rental etc. of
medical equipment(16) Research, planning, research, development and(18) Research, planning, research, development andconsulting business concerning each of theconsulting business concerning each of thepreceding numbered items

preceding numbered items(17) All businesses incidentally related to each of the(19) All businesses incidentally related to each of thepreceding numbered items

preceding numbered items

CHAPTER 2 SHARESCHAPTER 2 SHARES(Total Number of Shares Authorized to be Issued)(Total Number of Shares Authorized to be Issued)

Article 6 The total number of shares authorized to be

Article 6 The total number of shares authorized to beissued by the Company shall be sixty-six million

issued by the Company shall be one hundred and thirty(66,000,000) shares.

million (130,000,000) shares.

CHAPTER 6 ACCOUNTING(New)CHAPTER 6 ACCOUNTING(Decision-makingOrganizationforDividends

fromRetained Earnings and Other Matters)
Article38

TheCompanyshalldetermine

distributions of retained earnings and other matters as
set forth in the provisions of Article 459 Paragraph 1 ofthe Company Law by resolution of the Board of Directors
without resolution of a General Meeting of Shareholders,
except as otherwise provided by law or ordinance.
(Date of Record for Distribution of Retained Earnings)
Article 38(Text omitted)(Date of Record for Distribution of Retained Earnings)
Article 39

The date of record for distribution ofyear-end dividends of the Company shall be October 31of each year.
(New)

2 The date of record for distribution of interim dividendsof the Company shall be April 30 of each year.

(New)

3 The Company shall be able to pay dividends fromretained earnings by prescribing a date of record otherthan the date of record in paragraph 2 above.

(Interim Dividends)
Article 39(Deleted)

The Company shall be able to pay interim

dividends using April 30 in each year as the Date ofRecord, based on a resolution of the Board of Directors.

End of Attachment