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Investor Presentaiton

Historical Unitholder Composition JPR Number of Units by Investor Type Foreign Investors Other Domestic Companies 800,000 Financial Institutions lIndividuals 715,000 715,000 715,000 715,000 715,000 Number of unitholders Total 14,148 (-365) 700,000 Units Outstanding 625,000 625,000 625,000 625,000 625,000 625,000 600,000 206,019 28.8% 200,030 28.0% 180,711 25.3% 181,443 25.4% 167,425 23.4% 265 (+4) 138,141 152,632 22.1% 24.4% 153,613 24.6% 160,245 25.6% 500,000 155,403 24.9% 165,224 26.4% 81,973 82,846 82,627 74,598 11.9% 11.5% 83,982 11.7% 80,594 11.3% 211 (-3) 73,686 74,057 75,986 77,100 11.6% 11.6% 77,207 400,000 11.8% 11.8% 12.2% 12.3% 12.4% 300,000 359,538 57.5% 353,294 56.5% 353,212 56.5% 343,353 54.9% 344,227 55.1% 332,009 53.1% 372,062 52.0% 379,092 53.0% 399,886 55.9% 397,093 55.5% 411,582 57.6% 124 (-1) Of which, 200,000 (155,575) (24.9%) (163,242) (26.1%) (168,910) (27.0%) (172,655) (27.6%) (173,280) (27.7%) (184,308) (29.5%) (226,535) (31.7%) ( 234,025) (32.7%) (239,084) (33.4%) (252,292) (35.3%) (259,627) (36.3%) 9 are trust banks (+1) 100,000 45.416 55,399 8.4% 0 2007.6 2007.12 2008.6 2008.12 11th Period 12th Period 13th Period 14th Period 2009.6 15th Period 8.1% 2009.12 16th Period 2010.6 17th Period 2010.12 18th Period 2011.6 19th Period 87.3% 2011.12 20th Period 2012.6 21st Period (Note 1) The composition ratios in the above graph have been rounded to the first decimal place. (Note 2) Figures in parentheses in the graph represent the number of investment units owned by trust banks within the category of financial institutions (including securities companies). Principle Unitholders 20th Fiscal Period (Ended December 2011) 13,548 (-365) *Figures in parentheses above represent the change in number of unitholders from the previous period. 21st Fiscal Period (Ended June 2012) Name Number of Units Owned % of Units Outstanding* Name Number of Units Owned % of Units Outstanding* Japan Trustee Services Bank, Ltd. (Trust Account) 129,119 18.05% Japan Trustee Services Bank, Ltd. (Trust Account) 143,607 20.08% The Nomura Trust and Banking Co., Ltd. (Investment Trsut Account) Trust & Custody Services Bank, Ltd. (Securities Investment Trust Account) Tokyo Tatemono Co., Ltd. 53,652 7.50% 42,043 5.88% 29,300 4.09% The Nomura Trust and Banking Co., Ltd. (Investment Trsut Account) Trust & Custody Services Bank, Ltd. (Securities Investment Trust Account) Tokyo Tatemono Co., Ltd. 44,278 6.19% 39,390 5.50% 29,300 4.09% Northern Trust Company (AVFC), Account Singapore Clients (Standing Proxy: The Hongkong and Shanghai Banking Corporation Ltd., Tokyo Branch) Kawasaki Gakuen 27,258 3.81% 25,000 3.49% Northern Trust Company (AVFC), Account Singapore Clients (Standing Proxy: The Hongkong and Shanghai Banking Corporation Ltd., Tokyo Branch) The Master Trust Bank of Japan, Ltd. (Trust Account) 27,258 3.81% 26,858 3.75% Meiji Yasuda Life Insurance Company 24,000 3.35% Kawasaki Gakuen 25,000 3.49% The Master Trust Bank of Japan, Ltd. (Trust Account) 23,000 3.21% Meiji Yasuda Life Insurance Company 24,000 3.35% The Senshu Ikeda Bank, Ltd. 13,630 1.90% Nomura Bank (Luxembourg) S. A. (Standing Proxy: Sumitomo Mitsui Banking Corporation) Nomura Bank (Luxembourg) S. A. (Standing Proxy: Sumitomo Mitsui Banking Corporation) 17,832 2.49% 13,096 1.83% Deutsche Securities Inc. 9,256 1.29% Total 380,098 53.16% Total 386,779 54.09% (Note) For the percentages of units outstanding, figures after the second decimal place have been rounded off Japan Prime Realty Investment Corporation 30
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