Japan’s Yamato Small Package Volumes for September

Following is a table showing Yamato Holdings Co. Ltd’s operating statistics for package volumes and letters.

===============================================================================
                       Sept.    Aug.    July    June     May   April   March
                        2013    2013    2013    2013    2013    2013    2013
===============================================================================
                    -------------------------YoY% Change----------------------
Small Parcels*          2.8%    3.5%    6.8%    2.2%    4.3%    6.4%    0.3%
 Takkyubin             14.0%   10.5%   11.3%    8.6%   11.4%   12.9%    4.6%
 Kuroneko Mail         -4.2%   -1.6%    2.7%   -1.8%   -0.1%    2.4%   -2.4%
                    --------------------Package Volume (mlns)------------------
Small Parcels*         289.8   289.4   335.7   311.9   306.4   294.6   300.4
 Takkyubin             123.0   130.9   165.9   127.7   126.2   120.6   120.1
 Kuroneko Mail         166.8   158.5   169.8   184.3   180.2   174.0   180.3
                    -------------------3-month average change*-----------------
Small Parcels*         -2.4%   -1.8%    4.5%    1.3%    3.5%    1.9%   -6.5%
 Takkyubin             -1.1%    1.1%   12.1%    2.1%    6.2%    4.6%  -19.4%
 Kuroneko Mail         -3.4%   -4.1%   -0.8%    0.8%    1.8%    0.3%    3.9%
===============================================================================

*Calculated by Bloomberg News

From July 2011, small parcel figure disclosure was discontinued

by Yamato. Bloomberg News maintained calculations from then on.

3-mth avg change: Average of most recent three months compared

with prior most recent three month period.

Note: Takkyubin consists of packages and boxes.

Kuroneko Mail consists of documents and letters.

Source: Yamato Holding Co. Ltd.

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