Sojitz Corporation


Notice regarding Stock Options

Aug. 3, 2000
Nissho Iwai Corporation
President & CEO:Yasutake Shiro
(Code No. 8063)

Ito TEL(03)3588-4715

To whom it may concern

Subsequent to the approval of the proposal (regarding grant of stock options) at the 96th annual general shareholders' meeting held on the 28th of June, 2000, the board of directors finalized the transfer date as well as details pertaining to the stock option contract to be signed between the company and the transferees at a meeting held on July 14, 2000.

In accordance with the requirements of Article 280(19) of the Japanese commercial code, the transfer date and the transfer price per share are notified as follows:


Transfer date 01 August, 2000
Transfer price per share Yen 130
(of which, Yen 65 will not be included in the company's equity capital)
(The transfer price per share is an amount equal to 1.10 times the monthly average of the daily closing prices of the Company's common stock on the Tokyo Stock Exchange during the month prior to August 01, 2000)

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