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Distributions

Distribution for the Seventh Fiscal Period
Distribution per unit 8,830 yen
The distribution payment for the seventh fiscal period will start on November 19, 2009.

The investors on the investor list as of  August 31, 2009, are entitled to receive the distributions. The last trading day of investment units with rights at Tokyo Stock Exchange was August 25, 2009.
Expected Distribution for the Eighth Fiscal Period
Distribution per unit 1,585 yen
The period for calculating cash distributions begins on September 1, 2009 and ends on the last day of February, 2010.  The aforementioned expected distribution is the forecast as of February 16, 2010 and is calculated based on certain assumptions.  The actual distribution may vary due to such factors as future acquisition or sale of real estate, etc., fluctuations in the real estate market, etc. and changes in other conditions surrounding Nippon Commercial Investment Corporation.  The forecast is not intended as a guarantee of the distribution amount.  Unitholders must be a unitholder of record on the last day of February 2010 to be entitled to receive the distribution.  The last trading day on the Tokyo Stock Exchange, Inc. to be eligible for distributions is February 23, 2010.

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