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Tokyo Grain Exchange: First Rice Agreed Early Delivery For The June 2012 Contract Month Concluded

Date 24/05/2012

Today, the first Agreed Early Delivery of June 2012 contract month for rice futureswas concluded at the Tokyo Grain Exchange, Inc. Agreed Early Delivery is concluded when parties to the delivery agree upon the grade to be delivered, delivery point, date of delivery and delivery documents etc. and receives approval from the Exchange. In this manner, delivery on the Exchange can be concluded even if specifications differ from normal rice delivery. In April 2012, this system was newly implemented to enhance user convenience.

Complaints for defects of delivered commodities shall not apply to recipients ofagreed early delivery.

Contract Month June 2012
Party to Make Delivery Ace Koeki Co., Ltd.
Party to Take Delivery Ace Koeki Co., Ltd.
Commodity to be Delivered Grade 1 Koshihikari Fukushima (Hamadoori) with

a crop year of 2011

Date of Delivery May 25, 2012
Delivery Price Settlement price of the business day prior to the

date of delivery

Delivery Units

12 tons (2 contract units)

Packaging Packed in paper bags
Delivery Point Saitama prefecture