Announcement on Merger of Consolidated Subsidiaries

Feb 3, 2012

Tokyo Electron Ltd. today announced its decision to merge its two South Korean consolidated subsidiaries, Tokyo Electron Korea Ltd. and Tokyo Electron Korea Solution Ltd. The details of the merger are as follows.

1. Objective of Merger
The two South Korean subsidiaries are to be merged to increase operational efficiency.

2. Outline of Merger

(1)Merger schedule (tentative)
      February 8, 2012 Board of Directors meetings of each of the companies involved in the merger to approve merger agreement
      February 24, 2012 ShareholdersÂ’ Meetings of each of the companies involved in the merger to approve merger
      April 1, 2012 Date of merger (Scheduled registration date: April 2)

(2)Merger method
The merger will take the form of a merger by absorption, with Tokyo Electron Korea Solution Ltd. as the surviving entity and Tokyo Electron Korea Ltd. as the absorbed entity. Following the merger, Tokyo Electron Korea Solution Ltd. will change its trading name to Tokyo Electron Korea Ltd.

(3)Allotment of shares in connection with merger
As compensation to shareholders for the merger, one additional share of the stock of Tokyo Electron Korea Solution Ltd. will be allotted for each share of the stock of Tokyo Electron Korea Ltd.

3. Outline of Each of Companies to be Merged
(1)Company  Name Tokyo Electron Korea Ltd. Tokyo Electron Korea Solution Ltd.
(2)Address of Head Office 10-3, Jeongja-dong, Bundang-gu, Seongnam-City, Gyeonggi-Do, South Korea 759-6 Gumui-Ri, Jangan-Myeon,
Hwaseong City, Gyeonggi-Do, South Korea
(3)Business operations ・Manufacture, purchasing, and sale of semiconductor production equipment, liquid crystal production equipment, and related parts, raw materials, and accessories
・Technological guidance required for installation, operation, and maintenance of semiconductor production equipment and liquid crystal production equipment, and related on-site engineering work
・Import, sale, and trading of service parts for above items
・ Operation of research and development facilities
・Operation of lifelong learning facilities
・Comprehensive operations relating to the above
・Manufacture, purchasing, and sale of semiconductor production equipment, liquid crystal production equipment, and related parts, raw materials, and accessories
・Technological guidance required for installation, operation, and maintenance of semiconductor production equipment and liquid crystal production equipment, and related on-site engineering work
・Import, sale, and trading of service parts for above items
・Comprehensive operations relating to the above
(4) Capital Stock 3,000 million Won 3,000 million Won
(5) Issued Stock 600,000 shares 600,000 shares
(6) Share holder Tokyo Electron Ltd. 100% Tokyo Electron Ltd. 100%
(7) Representative Director W. H. Lee, President &   Representative   Director
Yoshiaki Horii, Vice President &   Representative Director
Hirofumi Murakami, President &   Representative Director
(8) Established September 9, 1993 February 14, 2006
(9) Accounting period March 31 March 31
(10) Total Assets
(as of March 31, 2011)
174,679 million Won 25,533 million Won
(11) Headcounts
(as of September
30, 2011)
462 people 84 people

4.Outline of Company after Merged
(1)Company  Name Tokyo Electron Korea Ltd.
(2)Address of Head Office 759-6 Gumui-Ri, Jangan-Myeon,
Hwaseong City, Gyeonggi-Do, South Korea
(3) Business operations ・Manufacture, purchasing, and sale of semiconductor production equipment, liquid crystal production equipment, and related parts, raw materials, and accessories
・Technological guidance required for installation, operation, and maintenance of semiconductor production equipment and liquid crystal production equipment, and related on-site engineering work
・Import, sale, and trading of service parts for above items
・Operation of research and development facilities
・Operation of lifelong learning facilities
・Comprehensive operations relating to the above
(4) Capital Stock 6,000 million Won
(5) Issued Stock 1,200,000 shares
(6) Share holder Tokyo Electron Ltd. 100%
(7) Representative Director W. H. Lee, President & Representative Director
Yoshiaki Horii, Vice President & Representative Director
Hirofumi Murakami, Vice President& Representative Director
(8) Accounting period March 31

5. Future Outlook
As the merger is to be one of consolidated subsidiaries, the effect on the consolidated business results of Tokyo Electron Ltd. will be negligible.

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