February 3, 2020

To whom it may concern:

Company name: Mitsubishi Estate Co., Ltd.

Representative:

Junichi Yoshida,

President and Chief Executive Officer

Securities code: 8802

Contact:

Motohiro Sato,

General Manager of

the Corporate Communications Department

Telephone:

+81-3-3287-5200

Notice Regarding the Status of Share Repurchase

Repurchase of Shares under Articles of Incorporation pursuant to Article 165, Paragraph 2 of the Companies Act

Mitsubishi Estate Co., Ltd. (hereafter the "Company") announced today the status of repurchase its own shares under Article 156 which is applicable in accordance with Article 165, Paragraph 3 of the Companies Act. Details are as follows.

(1)

Class of shares repurchased

Common shares

(2)

Total number of shares repurchased

5,059,300 shares

(3)

Total amount of repurchase price

10,754,308,700 yen

(4)

Period of repurchase

From January 1, 2020 to January 31, 2020

(5)

Method of repurchase

Open market purchase on the Tokyo Stock Exchange

(Reference)

1. Details of resolution at the board of directors meeting held on May 14, 2019

(1)

Class of shares to be repurchased

Common shares

(2)

Total number of shares to be repurchased

65,000,000 shares (Maximum)

(4.68 % of outstanding shares (excluding treasury stock))

(3)

Total amount of repurchase price

100 billion yen (Maximum)

(4)

Period of repurchase

From May 15, 2019 to March 31, 2020

(5)

Method of repurchase

Open market purchase on the Tokyo Stock Exchange

2. The total number of shares repurchased and total amount of repurchase price accumulated after the date of resolution at the board of directors meeting held on May 14, 2019 (as of January 31, 2020)

Total number of shares repurchased

39,289,100 shares

Total amount of repurchase price

80,754,097,450 yen

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Mitsubishi Estate Co. Ltd. published this content on 03 February 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 February 2020 08:24:18 UTC