[News Releases] Recipients Selected for 2012 Mitsui-Bussan Scholarship Program for Indonesia

News Releases: 2012

Recipients Selected for 2012 Mitsui-Bussan Scholarship Program for Indonesia

Jul. 12, 2012

Mitsui-Bussan Scholarship Program for Indonesia, a public trust foundation, established by Mitsui & Co., Ltd. ("Mitsui", head office: Chiyoda-ku, Tokyo, President: Masami Iijima) has selected the following two grantees for 2012. This time is the 15th selection and this brings the total number of recipients to 32 since the establishment of the program.

Grantees

Overview of the Program

Scholarships under this program are available to Indonesian high school students. It was established in 1992 to contribute to cultural exchange between Japan and Indonesia as well as help to foster personnel who can contribute to development in the latter country. The entrustor is Mitsui, and the trustee is Sumitomo Mitsui Trust Bank, Limited (head office: Chiyoda-ku, Tokyo, President: Hitoshi Tsunekage).
They initially undergo preliminary training over a two-month period. They then come to Japan to study Japanese for 18 months before starting a four-year university course. They live and study in Japan for a total of five-and-a-half years and all the educational programs are covered by the scholarship. The value of the scholarship is approximately ¥14 million per student, and there is no repayment requirement.
The scholarship is administered with extensive support from members of the Managing Committee chaired by Dr. Ichiro Inasaki, Professor of Chubu University and the Ministry of Education and Culture of Indonesia.

Background Information

1. Total number of grantees (including those recruited this year):
   32 (science: 30, humanities: 2, males 24: females: 8)
   
   
2. Universities:
   Grantees have entered the University of Tokyo, Tokyo Institute of Technology, Kyoto University, University of Tsukuba, Keio University, Waseda University, Chuo University and others.
   
   
3. Total contributions to scholarship fund:
   ¥590 million to be donated up to 2017
   
   
4. Cooperating agencies and organizations:
   · Tokyo Japanese Language Education Center of Japan Student Services Organization (JASSO) (formerly the International Students Institute)
   · The Association of Indonesian Alumni from Japan (PERSADA) and Darma Persada University, which it administers

Notice:
This announcement contains forward-looking statements. These forward-looking statements are based on Mitsui's current assumptions, expectations and beliefs in light of the information currently possessed by it and involve known and unknown risks, uncertainties and other factors. Such risks, uncertainties and other factors may cause Mitsui's actual results, financial position or cash flows to be materially different from any future results, financial position or cash flows expressed or implied by these forward-looking statements. These risks, uncertainties and other factors referred to above include, but are not limited to, those contained in Mitsui's latest Annual Securities Report and Quarterly Securities Report, and Mitsui undertakes no obligation to publicly update or revise any forward-looking statements.
This announcement is published in order to publicly announce specific facts stated above, and does not constitute a solicitation of investments or any similar act inside or outside of Japan, regarding the shares, bonds or other securities issued by us.

For inquiries on this matter, please contact

• Media inquiries
  Mitsui & Co., Ltd.
  Corporate Communications Division
  Yuichiro Sera
  Telephone: +81-3-3285-7562
  Facsimile: +81-3-3285-9819

• Inquiries from the general public
  Mitsui-Bussan Scholarship for Indonesia (Secretariat Office)
  c/o Mitsui Bussan Trade Promotion Foundation
  Flora Building, 10-2, Nihonbashi-Ningyocho 3-chome, Chuo-ku,
  Tokyo 103-0013
  Japan
  Telephone: +81-3-5847-8925
  Facsimile: +81-3-5847-8929

The information contained in this news release is true and accurate at the time of publication; however, it may be subject to change without prior notice.