COMPANY REPRESENTATIVE REQUIRED

I am Mr.Masatoshi Sugioka, Representative Director and President of TEIKOKU OIL. Teikoku Oil was founded in 1941 as a semi-governmental company in accordance with the Teikoku Oil Law to unify the existing Japanese oil exploration companies at the time, continues to operate with corporate strategies to keep pace with changing times and maintain the momentum of its progress in the steel industry as well as the other businesses in which the Company engages.