Notice on the Progress in and Completion of Share Buyback

Jan 22, 2018

Mitsubishi Gas Chemical Company, Inc. (MGC) has completed its program to repurchase shares pursuant to the provisions of the Articles of Incorporation set forth in Article 459 (1) of the Japanese Companies Act.

This brings to a close the treasury share purchase period as resolved at the Nov 1, 2017 meeting of the MGC

Board of Directors.

1. Class of shares repurchased

Ordinary shares of MGC

2. Total number of shares repurchased

418,700

3. Total repurchase cost

1,405,913,499 yen

4. Repurchase period

Jan 1-19, 2018

5. Repurchase method

Market purchase

Reference

1. Resolution at Board meeting on Nov 1, 2017

  • (1) Class of shares to be repurchased

  • (2) Number of shares to be repurchased

  • (3) Total repurchase cost

  • (4) Repurchase periodOrdinary shares of MGC Up to 2,500,000 shares

    (1.16 % of the total number of outstanding shares other than treasury shares)

    Up to 7.0 billion yen

    From Nov 2, 2017 to Jan19, 2018

  • (5) Repurchase method

Market purchase

2. Total own shares repurchased made by Jan 19,2018 as approved by the Board of Directors' meeting on Nov 1, 2017 are as follows.

  • (1) Total number of shares repurchased 2,207,600 shares

  • (2) Total amount of repurchase price 6,999,846,094 yen

End

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