May 2, 2018 Acknowledgement for the Current Situation on Group Lease PCL (Continuous Disclosure)

May 2, 2018

Company Name: JTRUST ASIA PTE.LTD.
Representative: Nobuyoshi Fujisawa, Managing Director, CEO
Contact: Shigeyoshi Asano, Director
Telephone: +65-6535-5152

Acknowledgement for the Current Situation on Group Lease PCL
(Continuous Disclosure)

J Trust Co., Ltd., the parent of JTRUST ASIA PTE. LTD., published a press release “Acknowledgement for the Current Situation on Group Lease PCL (Continuous Disclosure)”. Please refer to the attachment.

May 2, 2018

Company Name: J Trust Co., Ltd.
(Listed on Second Section of the Tokyo Stock Exchange, code 8508)
Representative: Nobuyoshi Fujisawa, President & CEO
Contact: Taiji Hitachi, Director and Executive Officer
Telephone: +81(3) 4330-9100

Acknowledgement for the Current Situation on Group Lease PCL
(Continuous Disclosure)

J Trust Co., Ltd. (hereinafter, “the Company”) announced its acknowledgement for the current situation regarding Group Lease PCL (hereinafter, “GL”) and our view on the future direction in the previous releases. The Company would like to make further announcement on the subsequent events as of today as follows.

The Company has acknowledged the public announcement made by GL through Thai Stock Exchange on 30 April 2018 regarding the proceedings of civil case against J TRUST ASIA PTE. LTD. (hereinafter, “JTA”) with amount in dispute of THB 880,000,000. However, JTA has not yet been served with the Thai court summons. Other detailed information of the lawsuit filed by GL remains unknown. The Company shall report on further update as soon as JTA has been properly served by the Thai court.

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