June 19, 2009
Kuraray Co., Ltd.
Kuraray Co., Ltd. (the "Company") announces that the Company has decided, at the meeting of its Board of Directors held today, to file a shelf registration statement for share options outlined below:
Countermeasures (takeover defense) in response to large-scale purchase of Kuraray shares (the "Plan"), have been approved by a majority of voting rights of the shareholders present at the Company's Ordinary Shareholders' Meeting held on June 19, 2009. The shelf registration described herein will enable the Company to effectively and flexibly issue share options.
For details of the Plan, please refer to the News Release dated April 30, 2009 titled "Continuation of Countermeasures (Takeover Defense) in Response to Large-scale Purchase of Kuraray Shares" available on the Company's website: