2 May, 2018
For Immediate Release
To Whom It May Concern

Mitsui & Co., Ltd.
Result of Takeover Offer to Acquire AWE Limited,an Oil and Gas Company in Australia
Mitsui & Co., Ltd. (“Mitsui”, Head Office: Tokyo, President and CEO: Tatsuo Yasunaga)
is pleased to announce that the takeover offer (“Offer”) for all of issued shares of AWE
Limited (“AWE”), pursuant to the release dated 5 February, 2018, was completed on 2May, 2018.
1.

Outline of the Offer(1) Target Company
AWE Limited(2) Number of Target Shares in the Offer
Target Shares：Ordinary Shares - 625,253,903 Shares (as of 30 January,2018)(3) Offer Period
From 12 February, 2018 to 2 May, 2018(4) Offer Price
A$0.95 per share

2.

Result of the Offer
The Offer was declared unconditional on 4 April, 2018, as Mitsui satisfied the 50.1%
minimum acceptance condition, and was completed on 2 May, 2018.
(1) Acceptance Level
The number of Target Shares:
The number of Target Shares accepted:

625,253,903 Shares(as of 30 January, 2018)
610,454,052 Shares(2) Number of Target Shares and Percentage of Target Shares Held by Mitsui afterthe Offer
Number of Target Shares held before the Offer:
0 Shares (Percentage to the total issued shares: 0.0%)(as of 30 January, 2018)
Number of Target Shares held after the Offer:
610,454,052 Shares (Percentage to the total issued shares: 96.47%)
Note1) The percentage of shares held by Mitsui was calculated based on
632,800,634 shares (the total issued shares in the Target Company asat the closing date of the Offer, which reflects the conversion of CashShare Rights into Shares as per our announcement dated 5 February).
1(3) Total Amount of the Offer:
A$ 580 Million (Approximately ¥49.3 Billion)
3.

Management Policy and Procedures to Take after the Offer
Mitsui has commenced the compulsory acquisition of all the remaining Target
Shares and intends to delist AWE from the Australian Securities Exchange (“ASX”)
by taking all the necessary procedures in accordance with ASX’s rules andAustralia regulations. Those procedures are expected to be completed by the endof May 2018.
Mitsui will achieve its initial objectives, of building a strong portfolio of assets inAustralia, and acquiring AWE’s operational capabilities, which will enable Mitsui toproactively expand its businesses.

4.

Prospected Impact on the Business Results
We believe that the financial impact of the Offer to the fiscal year ended March 2018
and the fiscal year ending March 2019 should be limited.
For further information, please contact:
Mitsui & Co., Ltd.
Investor Relations Division
Tel: +81-3-3285-7910
Corporate Communications Division
Tel: +81-3-3285-7540

Notice:This announcement contains forward-looking statements. These forward-looking statements are based on Mitsui's
current assumptions, expectations and beliefs in light of the information currently possessed by it and involve known andunknown risks, uncertainties and other factors. Such risks, uncertainties and other factors may cause Mitsui's actualresults, financial position or cash flows to be materially different from any future results, financial position or cash flows
expressed or implied by these forward-looking statements. These risks, uncertainties and other factors referred to above
include, but are not limited to, those contained in Mitsui's latest Annual Securities Report and Quarterly Securities Report,and Mitsui undertakes no obligation to publicly update or revise any forward-looking statements. This announcement ispublished in order to publicly announce specific facts stated above, and does not constitute a solicitation of investments
or any similar act inside or outside of Japan, regarding the shares, bonds or other securities issued by us.

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