Nomura Real Estate Office Fund : Notice Concerning Debt Financing

For Translation Purposes Only

For Immediate Release Nomura Real Estate Office Fund, Inc. Yoshiyuki Ito, Executive Director (Securities Code: 8959)

Asset Management Company:

Nomura Real Estate Asset Management Co., Ltd. Norio Ambe, President and Chief Executive Officer Inquiries:

Shoji Yoshihara, General Manager, NOF Investment Management

TEL: [phone]

EMAIL:[e-mail]

Notice Concerning Debt Financing

August 24, 2015
Nomura Real Estate Office Fund, Inc. ("Nomura Office Fund" or the "Fund") announced today that the Fund will procure debt financing as stated below.

1. Purpose

Nomura Office Fund has decided to procure the debt financing to repay the existing borrowing.

2. Details of Debt Financing Long-Term Borrowing(Term for 5 years) 3. Use of Funds

Loan proceeds will be used in order to repay current outstanding loans of ¥1 billion which scheduled on August 26, 2015 according to the loan agreement.
1

4. Status of Interest-bearing Debts after Drawdown and Repayment of the Existing Borrowing

(¥mln)

Before the drawdown and the repayment	After the drawdown and the repayment	Increased/Decreased Amount
Short-term Borrowings	－	－	－
Long-term Borrowings due within one year (Note)	9,750	8,750	▲1,000
Investment Corporation Bonds due within one year (Note)	10,000	10,000	－
Sub Total	19,750	18,750	▲1,000
Long-term Borrowings	152,450	153,450	＋1,000
Investment Corporation Bonds	24,500	24,500	－
Sub Total	176,950	177,950	＋1,000
Total	196,700	196,700	－

(Note) Nature of term is as of the end of the 23rd fiscal period (April 30, 2015).

5. Other Matters Required for Investors to Accurately Understand and Evaluate the Information

No changes have been made to the content of "Investment Risks" of the Securities Report
(in Japanese) filed on July 29, 2015, regarding the risks involved in the repayment of the borrowings, etc.
* URL: http://www.nre-of.co.jp/english/
2