FOR IMMEDIATE RELEASE NEWS RELEASE Mitsui Fudosan to Participate in New High-Rise Condominium Project in Bangkok, Thailand (Approx. 1,200 Units) —Fourth Project in Bangkok— Tokyo, Japan, March 10, 2015 - Mitsui Fudosan Co., Ltd., and Mitsui Fudosan Residential Co., Ltd., has announced its decision to participate in a new high-rise condominium project, the “Ashton Chula-Silom” (approx. 1,200 units) in central Bangkok, the capital of Thailand, through Mitsui Fudosan Asia Pte. Ltd. (headquartered in Singapore), which is a joint venture of Mitsui Fudosan and Mitsui Fudosan Residential. The project is being carried out jointly with Ananda Development Public Co., Ltd., a leading local residential development company. With the addition of this project, Mitsui Fudosan Co., Ltd., is now carrying out a total of 12 residential projects in Southeast Asia, and that total rises to 14 if commercial properties are included as well. This project features a 56-story, 1,180-unit (planned) residential building. The site is adjacent to the SilomSathorn area, and is extremely convenient position for transportation in the central Bangkok, being just a 3minute walk from the Sam Yan MRT Station. The area is also home to Thailand’s leading university, Chulalongkorn University, and numerous other educational and medical facilities, and it offers easy access to Thailand’s famous 57-hectare Lumpini Park, the Siam Paragon shopping center, and other attractions, making it an exceptionally convenient area in which to live. The Bangkok real estate market has continued to exhibit steady, long-term growth, and the increasing middle-income population is driving strong demand for residences. Mitsui Fudosan is already carrying out several projects in collaboration with Ananda Development—Ideo Q Chula-Samyan, Ashton Asoke, and Ideo Q Siam-Ratchathewi (approx. 3,000 units total)—all three of which have been selling well. This will be the company’s fourth joint project with Ananda Development. In carrying out this joint development project, Mitsui Fudosan will fully utilize the expertise it has accumulated in housing development, marketing, and other areas in the course of conducting business in Japan and Singapore to date. The Mitsui Fudosan Group has positioned overseas business as one of its growth areas. In Asia, the Group has residential projects in Thailand, Singapore, Malaysia, Indonesia, and China. The Group is also developing a number of commercial properties including the “Mitsui Outlet Park Kuala Lumpur International Airport (KLIA) (tentative name)” in Malaysia, the “Shanjing Outlet Plaza-Ningbo ” and the “LaLaport Shanghai Jinqiao (tentative name)” in China, and the “Taiwan Linkou Outlet Project (tentative name)” in Taiwan. In addition, under “Innovation 2017,” the company's long-term business plan through to FY2017 that was announced in 2012, the Group is planning to execute investments of approximately ¥500 billion in Europe, America, and Asia by FY2017. ### [Plan overview] (1) Ashton Chula-Silom Rama IV, Bang Rak, Si Phraya, Bangkok 10500 Thailand Location 3 minutes’ walk from the subway (MRT) Sam Yan Station Access 7 minutes’ walk from the elevated railway (BTS) Sala Daeng Station 6,752.8 m2 Site area Total exclusive Residential area 41,542 m2 floor area 56 floors above ground Structure 1,180 (planned) Number of units April 2015 Start of sales May 2015 Start of construction Schedule March 2018 Completion *About Ananda Development Co., Ltd. • Established in 1999, Ananda Development Public Co., Ltd., is a leading Thai housing developer that listed its shares on the Thai Stock Exchange of Thailand in December 2012. • It has built a distinctive value chain with its own housing management company, real estate brokerage company, and construction company within the group. It also manages a membership organization whose members are potential customers. • Through the mass media, Ananda Development promotes a comfortable, urban residential lifestyle, and it concentrates on properties close to downtown mass transit stations. • It has a market capitalization of 51 billion yen (as of March 2015) and revenues of 39 billion yen (fiscal 2014). Attachments: 1. Site map 2. Route maps of the Bangkok BTS (elevated railway), MRT (subway), and ARL (airport rail link) systems 3. List of Mitsui Fudosan’s current projects in Southeast Asia Attachment 1: Location map Attachment 2: Route maps of the Bangkok BTS (elevated railway), MRT (subway), and ARL (airport rail link) systems BTS N8 モーチット(MO Chit) MRT チャ ットゥチャック パーク (Chatuchak Park) 乗換え可能駅 ﾊﾞﾝ ｽｰ ｶﾝﾍﾟｰﾝ ﾍﾟｯﾄ (Bang Sue) (Kamphang phet) BTS スカイトレイン (シ ー ロム線) ﾗﾁｬﾀﾞﾋﾟｾｰｸ (Ratchadapisek) ｻﾅｰﾑｷﾗｰﾍﾝﾁｬｰﾄ (Natuonal Stadium) ｽﾃｨｻｰﾝ (Sutthisan) N5 ｱﾘｰ (Ari) ﾎﾜｲ ｸﾜﾝ (Huai Khwang) N4 ｻﾅｰﾑ ﾊﾟｵ (Sanam Pao) ｽｰﾝﾜﾀﾅﾀﾑ ﾍﾝ ﾌﾟﾗﾃﾞｰﾄﾀｲ (Thailand Cultural Center) ARL エ アポートレールリンク (マッカサン エクスプレス) N3 ﾋﾞｸﾄﾘｰﾓﾆｭﾒﾝﾄ (Victory Monument) ﾊﾟﾗﾑｶﾞｵ (Phra Ram9) ARL エ アポートレールリンク (シティライン) N1 ﾗｰﾁｬﾌﾟﾗﾛｯﾌﾟ (Ratchaprarop) 乗換え可能駅 ﾅﾅ (Nana) E1 E3 サイアム (Siam) E2 ﾌﾟﾙﾝ ﾁｯﾄ (Phloen Chit) 乗換え可能駅 S1 ﾗﾁｬﾀﾞﾑﾘｰ (Ratchadamri) BTS ｻﾑﾔｰﾝ (Sam Yan) ｳｫﾝｳｨｴﾝ ﾔｲ (Wongwian Yai) 乗換え可能駅 S3 S7 S6 ｸﾙﾝ ﾄﾝﾌﾞﾘｰ (Krung Thon Buri) S5 ｽﾗｻｯｸ (Surasak) ﾗｰﾄｸﾗﾊﾞﾝ (Lat Krabang) ﾗﾑｶﾑﾍﾝ (Ramkhamhaeng) E5 ﾌﾜﾏｰｸ (Hua Mak) ﾊﾞｰﾝ ﾀｯﾌﾟ ﾁｬｰﾝ (Ban Thap Chang) ﾌﾟﾛﾝ ﾎﾟﾝ (Phrom Phong) ﾛｰ E6 ﾄﾝ (Thong Lo) E7 ARL シティライン ARL マッカサン エクスプレス ARL エク スプレスライン スワ ンナブーム国際空港 (Suvamabhumi Airport) ｴｶﾏｲ (Ekkamai) ﾌﾟﾗ ｶﾉﾝ E8 (Phra Khanong) ﾙﾝﾋﾞﾆｰ ｸﾛﾝﾄｩｰｲ (Lumphini) (Khlong Toel) 乗換え可能駅 ｻﾊﾞｰﾝ ﾀｸｼﾝ (Saphan Taksin) ARL エ アポートレールリンク (エクスプレスライン) E4 アソ ーク (Asok) MRT スク ンビット (Sukhumvit) BTS S2 サラ デーン (Sala Daeng) MRT シーロム (Si Lom) ﾌｱﾗﾎﾞｰﾝ (Hua Lamphong) S8 ARL バヤタイ エクスプレス ARL マッカサン エクスプレス ARL シティライン マッカサン (Makkasan) MRT ペ ッチャブリ (Phetchaburi) ﾁｯ ﾄﾛﾑ (Chit Lom) BTS W1 MRT 地 下鉄 N7 ｻﾊﾞｰﾝ ｸﾜｲ (Saphan Khwai) BTS N2 パヤ タイ (Phaya Thai) ARL パヤタイ エクスプレス ARL シティーライン パヤ タイ (Phaya Thai) 乗換え可能駅 ﾗﾁｬﾃﾞｰｳｨｰ (Ratcathewi) BTS スカイトレイン (スクンビット線) ﾗｯﾌﾟﾗｵ ﾊﾟﾎﾟﾝ ﾖｰﾃｨﾝ (Phahon Yothin) (Lat Phrao) ﾁｮﾝ ﾉﾝｼｰ (Chong Nonsi) ｽｰﾝ ﾌﾟﾗｷｭｰﾑ ﾍﾝﾁｬｰﾄ ｼﾘｷｯﾄ (Queen Sirikit Convention Center) E9 ｵﾝ ﾇｯﾄ (On Nut) ﾊﾞﾝﾁｬｯｸ E10 (Bang Chak) E11 ﾌﾟﾝﾅｳｨﾃｨ (Punnawithi) ｳﾄﾞﾑｽｯｸ E12 (Udom Suk) ﾊﾞﾝﾅｰ E13 (Bang Na) E14 ﾍﾞｰﾘﾝ (Bearing) Attachment 3. List of current Mitsui Fudosan’s current projects in Southeast Asia (excluding housing projects where all units have already been sold) Project Type Project Area Property Name Start Construction Expected Completion Housing Bangkok, Thailand Ashton ChulaSilom 2015 (planned) 2018 Housing Bangkok, Thailand Ashton Asoke 2015/2 2017 Housing Bangkok, Thailand Ideo Q SiamRatchathewi 2015/2 2017 Housing Bangkok, Thailand Ideo Q ChulaSamyan 2014/6 2016 Housing Singapore Nathan Suites 2010/9 2014/7 Housing Singapore Bartley Ridge 2013/3 2016 Housing Singapore Canberra Drive Housing Singapore Yishun Street 51 Housing Housing Kuala Lumpur, Malaysia Petaling Jaya, Malaysia Housing Jakarta, Indonesia Housing Tangerang, Indonesia Accommodations Singapore Retail Kuala Lumpur, Malaysia 2015 (planned) 2015 (planned) 2018 2018 Collaborating Company Ananda Development Public Company Limited Ananda Development Public Company Limited Ananda Development Public Company Limited Ananda Development Public Company Limited Hong Leong Group Hong Leong Group Hong Leong Group Hong Leong Group Eastern & Oriental Berhad The Mews 2014/7 2017 Geo Residences 2014/7 2017 Sunway Berhad Citra Lake Suites 2015 (planned) 2018 PT. Ciputra Residence 2013/10 2024 PT. Ciputra Residence The CitraRaya subdivision in the Ecopolis Block The St. Regis Singapore Mitsui Outlet Park Kuala Lumpur International Airport (tentative name) In service Hong Leong Group Under construction Malaysia Airports Holdings Berhad * Current Mitsui Fudosan projects in other Asian cities include the “Shanjing Outlet Plaza-Ningbo” and the “ LaLaport Shanghai Jinqiao (tentative name)” commercial properties as well as residential properties in China, and the “Taiwan Linkou Outlet Project (tentative name)” commercial property in Taiwan.
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