News Release

---

March　30, 2009
UQ Communications Inc.

 

UQ Communications Announces Capital Funding Increase

 

UQ Communications Inc. announced a capital funding increase was confirmed today at its meeting of the board of directors.

With this new round of funding, UQ will continue to expand UQ WiMAX service areas nationwide, to cover all government-mandated municipalities-by the end of fiscal 2009.

An overview of this capital increase is as follows.

 

1.    Capital Increase Scale and Objective

30 billion yen      Funds for capital investment

 

2.    Overview of new share issue

Stock	UQ Communications Inc. Class A preferred stock
Call period	May 15, 2009 to May 21, 2009
Stock issued / Issue price	600,000 stocks / 50,000 yen
Capital-excluded amount	25,000 yen / share
Voting rights	None
Dividend	500 yen (fixed, annual base) (Cumulative, if no cash payout)

 

3. Allocation of Stock (Plan)

KDDI CORPORATION	JPY 15.23 billion
Intel Capital Corporation	JPY 4.15 billion
East Japan Railway Company	JPY 4.15 billion
KYOCERA Corporation	JPY 4.15 billion
Daiwa Securities Group Inc.	JPY 2.30 billion

   ※Figures rounded to nearest 10 million yen.

Contacts for inquiries

Ninomiya or Oda
Publicity Representatives, General Administration, UQ Communications
E-mail: pr@uqc.jp

 

(Note) Part of the email address has been changed to prevent spam emails.
Replace "@" (1-byte character) with "@" (2-byte character) before use.

 

 

【Reference Table】

 

(Unit: billion yen)

Stockholder Name	Capital prior to increase		Capital after increase
	Amount invested	Voting rights ratio	Amount invested	Voting rights ratio
KDDI CORPORATION	5.48	32.26%	20.71	32.26%
Intel Capital Corporation	3.00	17.65%	7.15	17.65%
East Japan Railway Company	3.00	17.65%	7.15	17.65%
KYOCERA Corporation	3.00	17.65%	7.15	17.65%
Daiwa Securities Group Inc.	1.66	9.80%	3.97	9.80%
The Bank of Tokyo-Mitsubishi UFJ, Ltd.	0.85	5.00%	0.85	5.00%

※Figures rounded to nearest 10 million yen.