June 15, 2012

Notice to Elpida Memory and Akita Elpida Memory Stakeholders

Dear Stakeholders:
We wish to express our sincere appreciation for your understanding and cooperation as we move ahead with our corporate reorganization proceedings.
With your cooperation we continue to maintain normal business operations. At present Elpida Memory and Akita Elpida Memory is working on the statements of approval or disapproval and the proposed reorganization plan by the reorganization Trustees. However, today Tokyo District Court issued an order to change the submission deadline for the statement of approval or disapproval and the ordinary period for investigation (period to examine proofs of reorganization claims, etc.) as the
changes are shown in the following table:

Before the court order

After the court order

The submission deadline for the

statement of approval or disapproval

June 19, 2012

July 9, 2012

The ordinary period for investigation

From June 26, 2012

to July 3, 2012

From July 12, 2012

to July 19, 2012

The changes are due to the circumstances surrounding the time needed to evaluate the value of the property that is the subject matter of the secured reorganization claims and to confirm the claims.
All other schedules determined by the Tokyo District Court, including the submission deadline for the proposed reorganization plan (August 21, 2012) remain unchanged.
We will continue to make our best effort to restructure our business and kindly ask for your understanding and cooperation as the corporate reorganization proceedings move forward.
Sincerely yours, Yukio Sakamoto,
Nobuaki Kobayashi, Attorney-at-law
Trustees of Elpida Memory, Inc. and Akita Elpida Memory, Inc., as the Reorganizing Company

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