TSE Publishes Exchange Methods

The TSE will publish information on the outstanding short selling positions for designated securities through its website, etc. (The information will be published beginning on November 11, 2008.)

The method for investors to providing this information, as well as information on how the TSE will publish it, are explained below.

1. How Investors are to Provide Information on Outstanding Short Selling Positions to Trading Participants

Investors are required to provide (A) their "outstanding short selling positions for designated securities" and (B) "their names and addresses" to trading participants by 10:00 a.m. of the business day after the next business day (meaning 10:00 a.m. of the business day after the business day following the "date for calculating outstanding position ratios" prescribed by Article 15-3, Paragraph 1, Item 5 of the Cabinet Office Ordinance Concerning Regulations of Securities Trading, etc. (hereafter the "Ordinance")

Investors are required to provide the above mentioned information in accordance with the following classifications and items.

(A) Information on outstanding short selling positions for designated securities
(B) Trade name or name and address or location

* Trade name or name [Art.15-3, Para.1, Item 1 of said Ordinance]

* Address or location (In the case of individuals, down to municipalities or boroughs of prefectures) [Art.15-3, Para.1, Item 2 of the Ordinance]

* Issue names (including issue codes) [Art.15-3, Para.1, Item 4 of the Ordinance]

* The date for calculating outstanding position ratios [Art.15-3, Para.1, Item 5 of the Ordinance]

* The number of outstanding short selling positions and the number of such by trading unit [Art.15-3, Para.1, Item 6 of the Ordinance]

* Outstanding short selling position ratios [Art.15-3, Para.1, Item 7 of the Ordinance]

* In cases where a person doing trust business has made short selling as management of trust assets, etc., please describe items prescribed by the Ordinance. [Art.15-3, Para.1, Item 3 of said Ordinance]

* Trade name or name

* Address or location [Art.15-2, Para.4 of the Ordinance]

If investors provide the aforementioned (A) and (B) information by electronic means, they are advised to do so via a PDF file named according to the following rules.

* Name of a file for (A)

* Name of a file for (B) -- www.tse.or.jp