SUNTORY

News Release

News Release

No.10675   February 8, 2010
Suntory Holdings Limited

Termination of Merger Negotiation with Kirin


Though Suntory Holdings Limited (President: Nobutada Saji) had been in the discussion with Kirin Holdings Company, Limited ("Kirin") towards integration of businesses, Suntory hereby announces that Suntory terminated our negotiation with Kirin.

Suntory determined to terminate the negotiation because, while Suntory studies what the integrated new company should be, Suntory acknowledged discrepancy of understandings of two companies including integration ratio and considered that it would be difficult to realize a desirable new integrated company which Suntory had been seeking for.