June 2, 2014

(First section of the TSE, Securities ID Code: 1983)

Establishment of Local Corporation in Vietnam

Toshiba Plant Systems & Services Corporation is establishing a local corporation "TPSC (Vietnam) Co., Ltd." in the Socialist Republic of Vietnam, which will start operation in June
2014.
Electricity demand in Vietnam is expected to grow at more than 10% each year against the backdrop of rapid economic growth. The new subsidiary is established in the capital of Hanoi and will join thermal power plant projects in the country.
There has been a plan to construct a large-scale industrial complex in Vietnam and the new subsidiary is expected to join projects in general industrial areas such as construction of factory, supply of facilities and others in the future. We are planning to further expand our scope of business based on taking advantage of our technological competence and performances in Southeast Asia.

Overview of the subsidiary

Name

TPSC (Vietnam) Co., Ltd.

Representative

Masanobu Abe

Established on

May 6, 2014

Capital

US 900,000 dollars

(100% subsidiary of Toshiba Plant Systems & Services Corporation)

Address

City of Hanoi

No. of employees

5

Business

Businesses related to construction of power plants in Vietnam

Contact:

Public Relations Group

Administration Department

Toshiba Plant Systems & Services Corporation

E-mail: kouhou@toshiba-tpsc.co.jp

distributed by