Medical Care Service Co Inc Cancels Year-end Dividend Payment for FY 2013; Announces Takeover Bid Proposed by Sanko Soflan Holdings Co., Ltd.

Medical Care Service Co Inc announced that it has decided to cancel the year-end dividend payment of JPY 4,000.00 per share, for the fiscal year ending August 2013. The Company also announced that Sanko Soflan Holdings Co., Ltd. has proposed a takeover bid for shares of the Company, on February 25, 2013. Sanko Soflan Holdings intends to acquire 5,824 shares in the Company at the price of JPY 294,000 per share and 2nd, 3rd and 4th series warrants, for JPY 1,693,146,065 in total, during the period from February 26, 2013 to April 9, 2013. It Sanko Soflan Holdings acquires as many as 5,824 shares, its stake in the Company will increase from 59.81% stake to 100.00% stake. As a result, the Company may be delisted from Nagoya Stock Exchange.