Investor Presentaiton

2. Fiscal Position 2-(2) Medium-term Fiscal Outlook Retain our healthy financials Meets the standards for fiscal health established by Japanese government (4 indicators are provided for in law in order to manage local government financials) we are confident of maintaining current healthy position Indicators Real deficit ratio Shizuoka Prefecture Midium-term Fiscal Outlook Standards FY2009 FY2010 Early warning FY2012 FY2014 lim it Reconstruction limit (surplus) (surplus) (surplus) (surplus) 3.75% 5.00% Consolidated real deficit ratio (surplus) (surplus) (surplus) (surplus) 8.75% 25.00% Real debt payment ratio 13.1% 14.2% 15.0% 15.0% 25.0% 35.0% Future burden ratio 262.6% 282.5% 293.9% 311.0% 400% * Shizuoka has a surplus in all accounts, Not Available for real deficit ratio and consolidated real deficit ratio 12

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