Securities Code No. 9062

June 27, 2014

To Our Shareholders

9-3, Higashi-Shimbashi 1-chome, Minato-ku, Tokyo

NIPPON EXPRESS CO., LTD.

Kenji Watanabe

President and Representative Director

NOTICE OF RESOLUTION OF THE 108TH ORDINARY GENERAL MEETING OF SHAREHOLDERS

We are pleased to notify you that the matters below were reported and resolved at the 108th Ordinary
General Meeting of Shareholders of NIPPON EXPRESS CO., LTD. (the "Company") held today.

Particulars Matters to be reported:

Report on Business, the Consolidated Accounting Documents, the Non-Consolidated
Accounting Documents for the 108th Business Term (from April 1, 2013 to March
31, 2014), and the Report on the Results of Audit of Consolidated Accounting
Documents by Accounting Auditor and the Board of Corporate Auditors.
The contents of Accounting Documents and the Results of Audit above were reported.

Matters to be resolved: Proposal 1: Proposed Disposal of Surplus

This item was approved and resolved as originally proposed. The year-end dividend for the business year under review was decided to be Yen 5 per share.

Proposal 2: Election of Fifteen (15) Directors

This item was approved and resolved as originally proposed. Messrs. Masanori Kawai, Kenji Watanabe, Jiro Nakamura, Akira Ohinata, Mitsuru Saito, Takahiro Ideno, Hideo Hanaoka, Yasuaki Nii, Yutaka Ito, Masahiko Hata and Noboru Shibusawa were re-elected as Directors and assumed their offices, and Messrs. Takaaki Ishii, Hisao Taketsu, Masahiro Sugiyama and Shigeo Nakayama are newly elected as Directors and assumed their offices.

Proposal 3: Election of One (1) Corporate Auditor

This item was approved and resolved as originally proposed. Mr. Takashi Wada was newly elected as Corporate Auditor and assumed his office.

Proposal 4: Presentation of Bonuses to Directors

This item was approved and resolved as originally proposed. Taking into account the amounts provided as bonuses in the past and the results of operation for the business year under review, it was approved and resolved that a total amount of Yen 90,000,000 for bonuses be paid to a

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total of fourteen (14) Directors who were in office at the end of the business term under review as a group.

Proposal 5: Continuation of Defense Policy against Large Purchase Action of Shares and the like of the Company (Takeover Defense Measure)

This item was approved and resolved as originally proposed.
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(Announcement)

At the meeting of the Board of Directors held today after the closing of this Ordinary General Meeting of Shareholders, Representative Directors and Officers were selected and assumed their offices.

As a result, Directors, Corporate Auditors and Officers as of June 27, 2014 are as follows.

Position

Duties in charge

Name

Chairman and Representative

Director

Masanori Kawai

President and Representative

Director, Chief Executive

Officer

Kenji Watanabe

Executive Vice President and

Representative Director, Executive Officer

Chief Managing Officer, International

Business Headquarters

Jiro Nakamura

Executive Vice President and

Representative Director, Executive Officer

Chief Managing Officer, Sales Promotion

Headquarters and in charge of Sales Strategy

Division

Akira Ohinata

Executive Vice President and

Representative Director, Executive Officer

Chief Managing Officer, Domestic Business

Headquarters, Network Transport Business Promotion Headquarters and Administrative Headquarters

Mitsuru Saito

Director and Managing Officer

In charge of Security Transport Business

Division

Takahiro Ideno

Managing Officer

In charge of Sales Promotion Division I,

Government Business Division and

Eco-Business Division

Takumi Shimauchi

Director and Managing Officer

In charge of Marine Transport Business

Division and Fine Arts Business Division

Hideo Hanaoka

Managing Officer

In charge of Sales Planning Division,

Customer Service Center and Global Logistics

Solution Division

Nobuki Ando

Director and Managing Officer

In charge of Corporate Planning Division,

Information Technology Promotion Division and Real Estate Development Division

Takaaki Ishii

Director and Managing Officer

In charge of Public Relations & Advertising

Division, General Affairs & Labor Division, Business Division, NITTSU Group University and Corporate Social Responsibility Division

Yasuaki Nii

Managing Officer

Regional General Manager, Kansai Region

and General Manager, Osaka Branch

Hideaki Tabuchi

Managing Officer

In charge of Truck Transport Planning

Division, Small Package Sales Division, Railway Forwarding Division and Removals Sales Division

Yukinori Tsuji

Director and Managing Officer

In charge of Regional General Manager,

Tokyo Metropolitan Region, and General

Manager, Tokyo Branch

Hisao Taketsu

Director and Officer

In charge of Air Cargo Business Division and

Overseas Planning Division

Yutaka Ito

Officer

Regional General Manager, North & South

America, Director and President, Nippon

Express U.S.A., Inc.

Kenji Fujii

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Position

Duties in charge

Name

Director and Officer

In charge of Finance & Accounting Division

Masahiko Hata

Officer

In charge of Heavy Haulage & Construction

Business Division

Yasuhiro Goto

Officer

In charge of Sales Promotion Division II and

Sales Promotion Division III

Hiroyuki Murakami

Officer

Regional General Manager, Chubu Region

and General Manager, Nagoya Branch

Katsuhiro Terai

Officer

Regional General Manager, Kyushu Region

and General Manager, Fukuoka Branch

Yukio Yokoo

Officer

Regional General Manager, Europe, Director

and President, Nippon Express(Europe) and

Nippon Express (Deutschland) GmbH

Yuji Kobuchi

Officer

Regional General Manager, South Asia &

Oceania, Director and President, Nippon

Express (South Asia & Oceania) Pte. Ltd. and

Nippon Express (Singapore) Pte. Ltd.

Yasunori Takahashi

Officer

Regional General Manager, Shikoku Region

and General Manager, Shikoku Branch

Akira Kondo

Officer

In charge of special missions, International

Business Headquarters

Norifumi Ide

Officer

Regional General Manager, Chugoku Region

and General Manager, Hiroshima Branch

Kazushi Tanaka

Officer

Regional General Manager, Hokkaido Region

and General Manager, Sapporo Branch

Yoichi Aoyama

Officer

Regional General Manager, East Asia,

Chairman, Nippon Express (HK) Co., Ltd. and President & CEO, NIPPON EXPRESS (CHINA) CO., LTD.

Tatsuo Sugiyama

Officer

Regional General Manager, North Kanto &

Shin-Etsu Region and General Manager, Gunma Branch

Fumihiko Sakuma

Officer

Regional General Manager, Tohoku Region

and General Manager, Sendai Branch

Susumu Akita

Director

President and Representative Director,

NITTSU SHOJI CO., LTD.

Noboru Shibusawa

Director

Masahiro Sugiyama

Director

Shigeo Nakayama

Full-time Corporate Auditor

Takashi Wada

Full-time Corporate Auditor

Zenjiro Watanabe

Full-time Corporate Auditor

Hiromi Konno

Corporate Auditor

Yuzuru Fujita

(Note) 1. Messrs. Masahiro Sugiyama and Shigeo Nakayama are the outside Directors.

2. Messrs. Zenjiro Watanabe, Hiromi Konno and Yuzuru Fujita are the outside Corporate Auditors.

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Payment of Dividend to the Shareholders

In accordance with the resolution of this Ordinary General Meeting of Shareholders, the Company decided to pay Yen 5 (including taxes) per share as year-end dividend for the business year under review. The dividend is payable to the shareholders with the enclosed "Notice of Payment"* at any branch of Japan Post Bank Co., Ltd. or post office in Japan from June 30, 2014 to July 31, 2014.
"Statement of Dividend"* and "Confirmation of Account for Dividend Remittance"* are enclosed for those who wish their dividends to be remitted to their designated bank accounts.
We also enclose "Statement of Dividend" to the shareholders who receive the dividend by
the "Notice of Payment", which may be used to check the amount and/or as an evidence in filing tax return documents.

Note: *The Original "Notice of Payment", "Statement of Dividend" and "Confirmation of Account for

Dividend Remittance" are sent to the registered Shareholders or local custodians in Japan.

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