In accordance with resolutions reached at the extraordinary meetings of the company's shareholders and the board of directors held on October 9, 2007, Mori Building Co., Ltd. (headquarters: Minato-ku, Tokyo; President and CEO: Minoru Mori) has announced its decision to issue new shares through third-party allocation. The details are outlined below. Following the allocation, the company's stated capital shall total 10 billion yen.

Details of the Announcement

1. New Share Issuance
(1) Number of new shares issued: 8,036 shares of common stock
(2) Total issue amount: 9,000,320,000 yen (issue price per share: 1,120,000 yen)
(3) Total allocation to capital: 9,000,000,000 yen
(4) Appointed date of payment: October 19, 2007

2. Status of Outstanding Shares
(1) Number of shares prior to share issuance: 200,000 shares
(2) Number of new shares resulting from issuance: 8,036 shares
(3) Number of shares after issuance: 208,036 shares

3. Status of Capital
(1) Capital prior to capital allocation: 1,000,0000,000 yen
(2) New capital allocation: 9,000,000,000 yen
(3) Capital after new capital allocation: 10,000,000,000 yen