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Conclusion of Agreement on Business Merger for Transportation Interior Materials

2009-12-22

Since the "Basic Agreement on Establishment of A New Merger Company for Transportation Interior Materials" (hereinafter referred to as "Basic Agreement") reached on June 18, 2009, Toyota Boshoku Corporation ("Toyota Boshoku"), Kawashima Selkon Textiles Co., Ltd. ("Kawashima Selkon Textiles") and Toyota Tsusho Corporation ("Toyota Tsusho") have been discussing merger of such businesses ("This Business Merger"), and we are pleased to advise that we have agreed on the details of This Business Merger and concluded a merger agreement today.

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