Kirin Holdings Company, Limited - Progress of disclosed matters) Basic Agreement on Myanmar Brewery Limited Share Transfer

Kirin Holdings Company, Limited (Kirin Holdings) has reached an agreement with Myanma Economic Holdings Public Company Limited (MEHPCL), a joint venture partner of its consolidated subsidiary Myanmar Brewery Limited (MBL), to transfer all shares of MBL held by Kirin Holdings Singapore Pte (KHSPL) a subsidiary of Kirin Holdings. Upon agreement, KHSPL will transfer all shares of MBL held by KHSPL to MBL in a share buyback transaction. MBL's Board of Directors has passed a formal resolution approving the main terms of the purchase.

Contact:

Nakano-ku, Tokyo 164-0001

Japan Name and Title of Contact Person

Nobuhiko Hori General Manager

Corporate Communications Department

Telephone: [phone]

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