Notice of new appointment of outside director at Yaeyama Shokusan Co., Ltd.

Yaeyama Shokusan Co., Ltd.
Euglena Co., Ltd.

Yaeyama Shokusan Co., Ltd. (Headquarters: Ishigaki City, Okinawa Prefecture, President: Yasumasa Shikiya) and Euglena Co., Ltd. (Headquarters: Bunkyo-ku, Tokyo, President: Mitsuru Izumo) dated January 15, 2013, as follows. We are pleased to announce that an outside director of a corporation has been newly appointed.

1. Name and current position of newly appointed outside director
Name: Akihiko Nagata
Euglena Co., Ltd. Director, Corporate Strategy Department

2. Role of newly appointed outside director of Yaeyama Shokusan Co., Ltd.
Yaeyama Shokusan Co., Ltd. and Euglena Co., Ltd. have entered into a capital and business alliance and position each other as an important partner. Through this appointment as an outside director, we aim to promote cooperation in financial and business strategies, and aggressive production development and business development of the Euglena Mr. Nagata will continue his current position.

【Company Profile】

<Yaeyama Shokusan Co., Ltd.>
Capital: 15 million yen Head office: 287-14 Shiraho, Ishigaki City, Okinawa Prefecture
Business: Culture of microalgae such as chlorella. Obtained ISO9001-HACCP certification. Obtained KOSHER certification.

Euglena Co., Ltd.>
Founded: August 9, 2005 Capital: 914.21 million yen
Head Office / Research Institute: 7-3-1 Hongo, Bunkyo-ku, Tokyo University Entrepreneur Plaza 7th floor
Business: In 2005, we succeeded in developing a large-scale culture technology for Euglena (Japanese name: Midorimushi), the world's first microalgae with excellent CO2 fixation capacity. Using Euglena, we will develop and sell functional foods, cosmetics, etc., and conduct research for CO2 fixation, water purification, and biofuel production. Listed on the Tokyo Stock Exchange Mothers in 2012.

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-Contact information-

Yaeyama Shokusan Co., Ltd. General Affairs Department
Euglena Co., Ltd. Public Relations and IR Division