February 14, 2013
Position and Policies Concerning the Reduction of the Minimum Investment Unit
1. Position Concerning Reduction of the Number of Shares in an Investment Unit
Kirin Holdings Company, Limited recognizes the importance of expanding its shareholder base of individual investors and increasing the liquidity of its stock.
2. Policy for Reduction of the Number of Shares in an Investment Unit
The Company will continue to consider reducing the share trading unit for Kirin shares, taking into account factors such as overall costs and benefits and trends in the stock market.