Notice of Issue Price and Selling Price for Offering in Japan

Notice of Issue Price and Selling Price for Offering in Japan

Note: This press release does not constitute an offer of any securities for
sale. This press release has been prepared for the purpose of publicly
announcing that the Company has determined matters relating to the issuance of
new shares and the secondary offering of its shares and not for the purpose of
soliciting investment or engaging in any other similar activities. This press
release is not an offer of securities for sale in the United States. The
securities referred to above have not been, and will not be, registered under
the United States Securities Act of 1933, as amended (the "Securities Act").
The securities may not be offered or sold in the United States absent
registration or an exemption from registration under the Securities Act.

TOKYO, July 10, 2013 (GLOBE NEWSWIRE) -- Internet Initiative Japan Inc.
("IIJ", the "Company", "we") (Nasdaq:IIJI) (TSE:3774) today announces that it
has determined the issue price and the selling price in relation to the
issuance of new shares and the secondary offering of shares (secondary
offering by way of over-allotment) resolved at the meeting of the Board of
Directors held on July 2, 2013.

                                                                            
1. Issuance of New Shares by way of Primary Offering (Public Offering)       
1.   Issue Price                         JPY3,346 per share                  
2.   Total Amount of the Issue Price     JPY15,726,200,000                   
3.   Amount to be Paid                   JPY3,208 per share                  
4.   Total Amount to be Paid            JPY15,077,600,000                   
5.   Amount of Increase in Stated Capital and Additional Paid-in Capital     
    Amount of increase in stated        JPY7,538,800,000                    
     capital
    Amount of increase in additional    JPY7,538,800,000                    
     paid-in capital
6.   Subscription Period (in Japan)      Thursday, July 11, 2013to Friday,  
                                         July 12, 2013
7.   Payment Date (in Japan)             Thursday, July 18, 2013             
                                                                          
Note: The underwriters will purchase shares for sale at the Amount to be     
Paid and offer shares at the Issue Price.
                                                                          
                                                                          
2. Secondary Offering of Shares (Secondary Offering by way of                
Over-Allotment)
1.   Number of Shares to be Sold         700,000 shares                      
2.   Selling Price                       JPY3,346 per share                  
3.   Total Amount of the Selling Price   JPY2,342,200,000                   
4.   Subscription Period (in Japan)      Thursday, July 11, 2013to Friday,  
                                         July 12, 2013
5.   Delivery Date (in Japan)            Friday, July 19, 2013               
                                                                          
                                                                          
3. Issuance of New Shares by way of Third-Party Allotment (Issuance through  
Third-Party Allotment)
1.   Amount to be Paid                   JPY3,208 per share                  
2.   Total Amount to be Paid             JPY2,245,600,000 (maximum)          
3.   Amount of Increase in Stated Capital and Additional Paid-in Capital     
    Amount of increase in stated        JPY1,122,800,000 (maximum)          
     capital
    Amount of increase in additional    JPY1,122,800,000 (maximum)          
     paid-in capital
4.   Subscription Period (Subscription   Friday, August 2, 2013              
     Date) (in Japan)
5.   Payment Date (in Japan)             Monday, August 5, 2013              

<For References>
1. Calculation of Issue Price and Selling Price     
  (i) Calculation Date (in Japan) and Price       Wednesday, July 10, 2013
                                                  JPY3,450
  (ii) Discount Rate                             3.01%
                                                  
2. Syndicate Cover Transaction Period (in Japan)    
  Saturday, July 13, 2013to Monday, July 29, 2013 

                                                
3. Use of Proceeds                              
Out of proceeds from the Public Offering of new shares and the Issuance
through Third-Party Allotment, which are estimated to be up to
JPY17,223,200,000 in total, JPY10,122,000,000 is planned to be used for
capital investment for the Network Services and Systems Integration business
by the end of March 2015, JPY5,111,200,000 is planned to be used to repay debt
for network equipment leased by the end of March 2013 and to be repaid by the
end of March 2015 and JPY1,990,000,000 is planned to be used to repay debt to
be repaid by August 2014. For more information, please refer to our press
release entitled "Notice Concerning Issuance of New Shares and Secondary
Offering of Shares in Japan" on July 2, 2013.

Note: This press release does not constitute an offer of any securities for
sale. This press release has been prepared for the purpose of publicly
announcing that the Company has determined matters relating to the issuance of
new shares and the secondary offering of its shares and not for the purpose of
soliciting investment or engaging in any other similar activities. This press
release is not an offer of securities for sale in the United States. The
securities referred to above have not been, and will not be, registered under
the United States Securities Act of 1933, as amended (the "Securities Act").
The securities may not be offered or sold in the United States absent
registration or an exemption from registration under the Securities Act.

About IIJ

Founded in 1992, Internet Initiative Japan Inc. is one of Japan's leading
Internet-access and comprehensive network solutions providers. IIJ and its
group companies provide total network solutions that mainly cater to high-end
corporate customers. The company's services include high-quality systems
integration and security services, Internet access, and cloud computing.
Moreover, the company has built one of the largest Internet backbone networks
in Japan that is connected to the United States and the United Kingdom. IIJ
listed on NASDAQ in 1999 and on the First Section of the Tokyo Stock Exchange
in 2006. For more information about IIJ, visit the IIJ Web site at
http://www.iij.ad.jp/en/.

The statements within this release contain forward-looking statements about
our future plans that involve risk and uncertainty. These statements may
differ materially from actual future events or results. Readers are referred
to the documents furnished by Internet Initiative Japan Inc. with the SEC,
specifically the most recent reports on Forms 20-F and 6-K, which identify
important risk factors that could cause actual results to differ from those
contained in the forward-looking statements.

CONTACT: For inquiries, contact:
         IIJ Investor Relations
         Tel: +81-3-5259-6500
         E-mail: ir@iij.ad.jp
         URL: http://www.iij.ad.jp/en/ir

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