Nomura Real Estate : Announcement of Decision Concerning Acquisition of Treasury Shares

April 25, 2019

Nomura Real Estate Holdings, Inc.

1-26-2,Nishi-Shinjuku,Shinjuku-ku, Tokyo (Stock code: 3231, TSE First Section)

Representative: Eiji Kutsukake, President and Representative Director

Contact: Kesnsuke Ueha General Manager Corporate Communications Dept.

Tel: [phone]

Announcement of Decision Concerning Acquisition of Treasury Shares

(Acquisition of treasury shares under the provision of its Articles of Incorporation

in accordance with Article 459, Paragraph 1 of the Companies Act)

Nomura Real Estate Holdings, Inc. (the "Company") hereby announced that the Company resolved the acquisition of treasury shares, under Article 459, Paragraph 1 of the Companies Act and Article 32 of the Company's Articles of Incorporation, at the meeting of the Board of Directors held on April 25, 2019.

1.Reasons for treasury stock acquisition

To enhance shareholder returns and improve capital efficiency.

2.Contents of acquisition

（１）	Type of shares to be	Common Stock of the Company
	acquired
（２）	Total number of shares to	Up to 2,800,000 shares
	be acquired	（Ratio to the number of outstanding shares (excluding treasury shares) : 1.50%）
（３）	Total value of shares to be	Up to ¥4 billion
	acquired
（４）	Period of acquisition	From April 26, 2019 to October 25, 2019
（５）	Method of acquisition	Open market purchase on the Tokyo Stock Exchange

(Reference)

The status of treasury shares as of March 31, 2019

Number of outstanding shares	186,276,437 shares
(excluding treasury shares)
Number of treasury shares	6,096,664 shares

(Note) 1,725,000 shares of the Company's share owned by The Master Trust Bank of Japan, Ltd.(Executive compensation BIP trust : 76,272 units) are not included to the number of treasury shares.