Announcement for Establishment of a New Sales Company in Brazil

Operating globally with offices in 9 countries across the world, Fuji Oil Group has decided to set up yet another sales company in Brazil with investment from its American subsidiary Fuji Vegetable Oil, Inc. The purpose of the new company is to expand the sales of vegetable oils and soy protein products including oils and fats for making chocolate in South America which has shown tremendous growth along with the markets in China and the rest of Asia in the recent years.

Overview of the New Company

(1)	Name	Fuji Oil South America
(2)	Location	Campinas, São Paulo, Federative Republic of Brazil
(3)	Representative	To be dispatched from Fuji Oil. Co., Ltd.(planned)
(4)	Establishment	December, 2010 (planned)
(5)	Main business	Sales of processed oils and fats
(6)	End of fiscal year	December 31
(7)	Capitalization	BRL 1,000,000 (approx. 50,000,000 yen)
(8)	Shareholder	Fuji Vegetable Oil, Inc.(99%)
(9)	Number of Employees	5 (planned)
(10)	Start of business	January 2011(planned)
(11)	Sales goal	Sales quantity of 4,000 tons/year

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