Chuo Mitsui Trust Holdings, Inc. (hereinafter CMTH) and The - PDF document

To whom it may concern November 9, 2010 Chuo Mitsui Trust Holdings, Inc. The Sumitomo Trust and Banking Co., Ltd. Notice regarding the filing of a Registration Statement on Form F-4 with the U.S. Securities and Exchange Commission Chuo Mitsui Trust Holdings, Inc. (hereinafter “CMTH”) and The Sumitomo Trust and Banking Co., Ltd. (hereinafter “STB”) (collectively, the “Parties”) hereby announce that CMTH has filed a registration statement on Form F-4 (hereinafter “Form F-4”) under the U.S. Securities Act of 1933, as amended (the “Securities Act”) in connection with their proposed management integration (the “Management Integration”). CMTH filed the Form F-4 with the U.S. Securities and Exchange Commission (hereinafter the “SEC”) on November 8, 2010 (U.S. Eastern Standard time). The Form F-4 includes consolidated financial statements of CMTH and STB prepared in accordance with International Financial Reporting Standards (hereinafter “IFRS”), as well as qualitative information such as the structure of the Management Integration, business overview of CMTH and STB, and analysis of the financial condition and results of operations of the Parties. The consolidated financial statements based on IFRS were prepared for the purpose of filing the Form F-4 with the SEC in connection with the Management Integration. When IFRS is formally introduced in Japan in the future, the accounting policies may differ from those applied in preparing the financial statements included in the Form F-4. While an annual report on Form 20-F, which will include consolidated financial statements based on IFRS for the fiscal year 2010, is planned to be filed with the SEC pursuant to the U.S. Securities Exchange Act of 1934, as amended, CMTH currently plans to terminate its reporting obligations with the SEC as soon as the conditions for such termination are met. A copy of the registration statement on Form F-4 can be viewed and obtained on EDGAR, the SEC’s Electronic Data Gathering, Analysis, and Retrieval system. ( http://www.sec.gov/Archives/edgar/data/1475365/000095012310102116/0000950123-10-102116-index.htm ) (End) [Reference] Major financial information of CMTH and STB based on IFRS included in Form F-4 [STB] （ 1 ） Consolidated Statement of Financial Position (Condensed) (FY2008 and FY2009) （ 2 ） Consolidated Income Statement (Condensed) / Consolidated Statement of Comprehensive Income (Condensed) (FY2008 and FY2009) （ 3 ） Unaudited Reconciliation of Accounting Treatments between Japanese GAAP and IFRS (FY2009) [CMTH] （ 4 ） Consolidated Statement of Financial Position (Condensed) (FY2008 and FY2009) （ 5 ） Consolidated Income Statement (Condensed) / Consolidated Statement of Comprehensive Income (Condensed) (FY2008 and FY2009) （ 6 ） Unaudited Reconciliation of Accounting Treatments between Japanese GAAP and IFRS (FY2009) [STB, CMTH combined] （ 7 ） Unaudited Pro Forma Combined Condensed Financial Information (FY2009) The short-form excerpts of financial statements and other information from the Form F-4 are for Japanese investors’ reference purposes only, and do not purport to represent the entire facts disclosed in the Form F-4. 1

<Attachment 1> CONSOLIDATED STATEMENT OF FINANCIAL POSITION (CONDENSED) <IFRS> The Sumitomo Trust and Banking Co., Ltd. (Billions of yen) (Amounts less than one tenth of a billion are rounded down) （ March 31,2009) (March 31,2010) Assets: Cash and deposits with banks 668.1 1,027.8 Call loans 29.8 112.4 Cash collateral on securities borrowed 295.9 - Financial assets held for trading 710.0 551.1 Derivative financial instruments 4,027.3 3,130.9 Investment securities (note) 4,790.0 3,949.5 Loans and advances 13,494.6 13,780.8 Investment in associates and joint ventures 33.8 48.3 Property and equipment 225.0 217.1 Intangible assets 86.5 158.3 Deferred tax assets 212.6 80.5 Other assets 386.4 385.0 Total assets 24,960.7 23,442.1 Liabilities: Deposits 14,170.2 14,585.7 Call money 133.1 79.5 Cash collateral on securities lent and 1,236.7 601.7 repurchase agreements Financial liabilities held for trading 2.7 7.3 Derivative financial instruments 3,751.4 2,827.4 Due to trust accounts 77.5 83.3 Principal guaranteed trust certificates 762.4 655.0 Debt securities issued 1,465.8 1,186.8 Borrowed funds 1,540.3 1,383.2 Current tax payable 9.2 8.1 Deferred tax liabilities 4.4 17.6 Retirement benefit obligations 8.6 9.2 Other liabilities 556.4 555.4 Total liabilities 23,719.5 22,000.7 Equity: Share capital 287.5 342.0 Capital surplus 242.5 297.0 Retained earnings 370.9 429.0 Other reserves (53.3) 70.9 Treasury shares (0.4) (0.4) Total equity attributable to equity holders of the 847.2 1,138.6 Sumitomo Trust Minority interest 393.9 302.8 Total equity 1,241.2 1,441.4 Total liabilities and equity 24,960.7 23,442.1 (note) Including those pledged as collateral. 2

<Attachment 2> CONSOLIDATED INCOME STATEMENT (CONDENSED) <IFRS> The Sumitomo Trust and Banking Co., Ltd. (Billions of yen) (Amounts less than one tenth of a billion are rounded down) From April 1, 2008 From April 1, 2009 to March 31, 2009 to March 31, 2010 Interest income 391.9 293.9 Interest expenses 195.7 107.8 Net interest income 196.2 186.1 Provision for credit losses 97.1 27.7 Net interest income after provision for credit losses 99.0 158.3 Fee and commission income 146.3 147.9 Fee and commission expenses 26.5 26.3 Net fee and commission income 119.7 121.6 Net gains (losses) on financial instruments held for trading (56.2) 83.5 Net other operating income 222.9 35.0 Other income 166.6 118.5 Total income 385.5 398.5 Impairment losses on investment securities 113.4 16.5 General and administration expenses 193.1 201.4 Other expenses 39.4 35.2 Operating expenses 346.0 253.2 Share of gains of associates and joint ventures 2.2 1.4 Profit before income tax expenses 41.7 146.7 Income tax expenses 26.4 64.6 Net profit 15.2 82.1 Net profit attributable to: Equity holders of the Sumitomo Trust 6.8 69.3 Minority interest 8.3 12.7 Net profit 15.2 82.1 CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME (CONDENSED) <IFRS> The Sumitomo Trust and Banking Co., Ltd. (Billions of yen) (Amounts less than one tenth of a billion are rounded down) From April 1, 2008 From April 1, 2009 to March 31, 2009 to March 31, 2010 Net profit 15.2 82.1 Other comprehensive income (losses): Net gains (losses) on available-for-sale financial assets (303.3) 212.4 Unwinding of cash flow hedges transferred to profit or loss (3.6) (3.3) Foreign currency translation differences for foreign operations (6.7) (0.4) Share of other comprehensive income (losses) of (4.6) 0.3 associates and joint ventures Income tax (expenses) benefits relating to components 131.3 (84.4) of other comprehensive income Other comprehensive income (losses), net of tax (187.0) 124.5 Total comprehensive income (losses) (171.7) 206.6 Total comprehensive income (losses) attributable to: Equity holders of the Sumitomo Trust (180.0) 193.6 Minority interest 8.2 13.0 Total comprehensive income (losses) (171.7) 206.6 3