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Analyst Coverage

Information will be posted after the announcement of financial results for the 1st fiscal period ending February 2014.

The following is a list of analysts who cover SIA REIT.

Company Analyst
SMBC Nikko Securities Inc. Hiroshi Torii
Daiwa Securities Co. Ltd. Kohei Omura

This list is based on the information available to SIA REIT and its asset management company, Simplex REIT Partners Inc. (hereafter “Asset Management Company”), at the time of its publication, and is prepared according to the guidelines of SIA REIT and the Asset Management Company. Consequently, the list may not be comprehensive or the information may be outdated.
Analysts included in this list and others not included are engaged in providing analyses related to SIA REIT’s business results and its business, or projecting SIA REIT’s future business results, based on judgments made independently by analysts either periodically or on an ad hoc basis. Neither SIA REIT nor the Asset Management Company, including any of its top management, participates in the process of analysis. SIA REIT and the Asset Management Company do not in any way endorse or provide assurances concerning the projections, opinions or recommendations made by the aforementioned analysts.
This list is provided solely for the purpose of providing investors with information on analyst companies and analysts who provide analysis or projections related to SIA REIT’s business results; it is not prepared for the purpose of soliciting investment in SIA REIT.
We ask that investors use their own judgment and take full responsibility for making their final investment decisions.

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