Announcement regarding Capital Funding from the Bank's Members
August 4, 2015
The Norinchukin Bank
The Norinchukin Bank (the "Bank") hereby announces that the Bank has resolved that it will seek capital increases from JAs in Aomori Prefecture, Gunma Prefecture, Chiba Prefecture and JA Shimane (the "Bank's members") by issuing JPY 54.5billion in lower dividend rate stocks (gohai-shussi). In addition, the Bank has decided that the Bank will issue JPY 27.6billion in subordinated loans to the Bank's members.
The capital increase from JAs in Aomori, Gunma, Chiba is scheduled as of September 29, 2015 and the capital increase from JA Shimane is scheduled as of December 29, 2015. The Bank will proceed with the necessary steps.