A Message From Tokyo Grain Exchange President And CEO Keiji Hatano

On February 8th, 2013, following close of the day session, all trading on the Tokyo Grain Exchange will be discontinued and from the 12th, the rice futures contract will be migrated and opened at the Osaka Dojima Commodity Exchange and soybeans, azuki (red beans), corn and raw sugar will be migrated and be traded at Tokyo Commodity Exchange, Inc. We would like to show our gratitude to all our participants in cooperating with migration of the agricultural markets.

The Exchange will begin dissolution proceedings after approval at the extraordinary general meeting of shareholders. With its establishment in October 1952, the Tokyo Grain Exchange has provided a futures commodity market as an industrial infrastructure for more than six decades. We thank you for the continuous warm support and cooperation throughout the many years.

At a time when situations domestically and overseas are turbulent, it can be said that not with no regret that the Exchange with its long history and tradition will be dissolved. However, the agricultural markets and the sugar markets that our ancestors built will be continued seamlessly and further contribute to improving the efficiency and convenience of all market participants while providing great opportunities and new visions.

Again, I would like to express our deepest appreciation and respect for your cooperation and warm support. We also ask you to provide your support and cooperation to the Osaka Dojima Exchange and Tokyo Commodity Exchange, where our markets migrated to. Thank you very much.

Keiji Hatano
President & CEO
Tokyo Grain Exchange Inc.