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Oji Paper Forms Joint Venture
Nantong City, China 04 July 2012 -- Pursuant to the resolution passed at a meeting of the board of directors held on June 28, 2012, Oji Paper Co., Ltd. is pleased to announce that it has entered an agreement with Shandong Century Sunshine Paper Group Co., Ltd in China and Dragon Chariot Limited in Hong Kong concerning the implementation of specialty paper business in China by establishing a joint venture. Oji Paper Group is driving the emergence and expansion in the specialty paper sector in China expected to be growth field in the future. After completing the incorporation formalities of such joint venture, Oji Paper Group will hold a new specialty paper manufacturing base in China.

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