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330,000,000 Euro Syndicated Term Loan Facility

Date
28 Jan 2009
Nippon Sheet Glass Co Ltd announces that a 330,000,000 Euro 5-Year Term Loan Facility (the “Facility”) for NSG UK Enterprises Ltd. (“NSG UK”) and guaranteed by Nippon Sheet Glass Co. Ltd. was signed on 23 January 2009, with Sumitomo Mitsui Banking Corporation Europe Limited as Mandated Lead Arranger and Bookrunner.

NSG UK Enterprises Limited is a wholly-owned subsidiary of Nippon Sheet Glass Company Limited (NSG Group), which owns Pilkington Group Limited (formerly Pilkington plc).

The Facility will be used to refinance part of the NSG UK £1,820,000,000 Term and Revolving Credit Facilities signed in February 2006, which were used to support the acquisition by the NSG Group, through NSG UK, of the entire issued ordinary share capital of Pilkington plc and to refinance existing indebtedness of Pilkington.

The following banks have committed to the Facility: Sumitomo Mitsui Banking Corporation, Development Bank of Japan Inc., Mizuho Corporate Bank, Ltd., The Sumitomo Trust & Banking Co., Ltd., The Norinchukin Bank, Mitsubishi UFJ Trust & Banking Corporation and The Bank of Tokyo-Mitsubishi UFJ, Ltd.