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Investor Presentaiton

Appendix 2 SPC Investments and Off-Balance-Sheet Debt (At March 31, 2009) Assets for Trading Business: ¥300.0 billion Total exposure: ¥552.0 billion (Billions of yen) Assets 552.0 Debt 421.0 Assets to be valued up Off-balance-sheet 128.0 421.0 debt Assets to be developed 172.0 Assets for holding 252.0 Equity 131.0 On-balance-sheet investments 131.0 Equity investments in properties for sale 90.0 + Investment securities 41.0 Amounts on the right represent the total amount of assets, debt and equity corresponding to Mitsui Fudosan's equity share in each individual vehicle. ➤ Different disclosure standards apply from those for information disclosed under our "Guideline Applied to Disclosure of SPCs❞ since the Results for the Year Ended March 31, 2007. ➤ All figures are rounded off to the nearest billion yen. "Assets to be valued up," "Assets to be developed" and "Assets for holding" are categorized by MF's proprietary standards. MITSUI FUDOSAN GROUP O Mitsui Fudosan Co., Ltd. 36
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