Universal Entertainment Corporation reported that with respect to the proposed additional issuance of up to USD 100 million notes for cash (the "Additional Notes Issuance", and such notes, the "Additional Notes") in connection with the 100% consent solicitation to proposed amendments (the "100% Consent Amendments") and exchange offer and relevant amendment proposals (the "Exchange Offer") regarding its USD 600 million Notes due 2021 privately placed outside Japan in December 2018 (the "Existing Notes") (which were announced in the "Consent Solicitation and Exchange Offer-Notes Issued in 2018, and the Proposed Issuance of Additional Notes" dated September 18, 2020), Universal Entertainment Corporation (the "Company"), the company has now decided to amend the terms of the Additional Notes to increase the maximum issue amount of the Additional Notes from "up to USD 100 million" to "up to USD 135 million". The Company announced that, as of the date of this Announcement, requisite consents for the relevant amendments in connection with the Exchange Offer have been obtained. Accordingly, the Company aims to issue Additional Notes following (or concurrently with) the consummation of the Exchange Offer. Except for the increase of the maximum issue amount of the Additional Notes mentioned above, the other terms and schedule of the Additional Notes Issuance remain unchanged. For the avoidance of doubt, the terms and schedule of the Exchange Offer remain unchanged.