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Notice Regarding Acquisition of Shares of UniCarriers Holdings Corporation

Mitsubishi Heavy Industries, Ltd.
Mitsubishi Heavy Industries Forklift & Engine Turbocharger Holdings, Ltd.
Mitsubishi Nichiyu Forklift Co., Ltd.
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Tokyo, March 31, 2016 - On two previous occasions we issued announcements concerning intent to acquire all shares and share options of UniCarriers Holdings Corporation by two Mitsubishi Heavy Industries, Ltd. (MHI) Group companies: Mitsubishi Heavy Industries Forklift & Engine Turbocharger Holdings, Ltd. (MFET) and Mitsubishi Nichiyu Forklift Co., Ltd. (See "Notice Regarding Acquisition of Shares of UniCarriers Holdings Corporation" dated July 31, 2015 and "MHI to Launch New Entity to Integrally Oversee Material Handling Equipment, Engine and Turbocharger Businesses" released on February 4, 2016.) Today this acquisition procedure was carried out in full. The resulting equity stakes, in what has now become a second-generation subsidiary of MHI, are as follows: MFET 65.0%, Mitsubishi Nichiyu Forklift 35.0%.