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Home > Information > Announcement of Termination of NEC ADR Program

Announcement of Termination of NEC ADR Program

January 11, 2011

NEC's American Depositary Receipt ("NEC ADR") Program was terminated as of March 31, 2010.

Pursuant to the Deposit Agreement between NEC Corporation, The Bank of New York Mellon, as depositary of NEC ADRs, and all owners and beneficial owners of NEC ADRs, after March 31, 2011 (the expiration of one year from the termination of NEC ADR Program), The Bank of New York Mellon may sell the underlying ordinary shares of NEC ADRs then outstanding, and hold the net proceeds thereof (after deducting the fees and any applicable taxes or governmental charges pursuant to the Deposit Agreement) without liability for interest or pay to the holders of NEC ADRs through their securities companies, in each case on a pro rata basis of NEC ADRs then outstanding.

If you have any questions regarding the termination of NEC ADR Program, please ask your securities company or broker to contact The Bank of New York Mellon (NY: +1(212)815-3874, London: +44(207)964-6419). If you are a registered holder who holds a certificated form of NEC ADRs directly through The Bank of New York Mellon and have questions regarding the termination of NEC ADR Program, please call +1(888)269-2377 (1-888-BNY-ADRS), from outside U.S. +1(201)680-6825.

Other inquiries :
NEC Corporation
Legal Division
kabushiki@shoken.jp.nec.com

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