Notice concerning Transfer and Partial Transfer of Domestic Real Estate Trust Beneficiary Rights, and Lease Cancellation(JEI Nishi-Honmachi Building,
(WorldNews Japan)

For Immediate Release For Translation Purposes Only December 6, 2019 Japan Excellent, Inc. (TSE: 8987) Hidehiko Ogawa, Executive Director Asset Management Company: Japan Excellent Asset Management Co., Ltd. Representative: Hidehiko Ogawa, President Contact: Kazue Horikawa General Manager, Corporate Planning Dept. TEL: +81-3-5412-7911 Notice concerning Transfer and Partial Transfer of Domestic Real Estate Trust Beneficiary Rights, and Lease Cancellation (JEI Nishi-Honmachi Building, Kowa Kawasaki Nishiguchi Building) Japan Excellent, Inc. (hereinafter referred to as "JEI") made a decision today regarding transfer and partial transfer of domestic real estate trust beneficiary rights...