Japan Petroleum Exploration Co Ltd Amends Consolidated Mid-year and Full-year Outlook for FY Ending March 31, 2012

Japan Petroleum Exploration Co Ltd announced that it has lowered its consolidated mid-year outlook for revenue from JPY 106,210 million to JPY 105,959 million, operating profit from JPY 4,876 million to JPY 1,778 million, ordinary profit from JPY 5,076 million to JPY 3,062 million, net profit (loss) from JPY 6,145 million to JPY (24,433 million) and earning per share (loss) from JPY 107.52 to JPY (427.51) for the fiscal year ending March 31, 2013. The Company also raised its consolidated full-year outlook for revenue from JPY 214,653 million to JPY 222,228 million, operating profit from JPY 10,003 million to JPY 10,304 million, ordinary profit from JPY 16,819 million to JPY 18,855 million, but lowered its consolidated full-year outlook for net profit (loss) from JPY 16,526 million to JPY (11,630 million) and earning per share (loss) from JPY 289.1 to JPY (203.50) for the same fiscal year.