| 1. |
Date of issue for subscription rights:
|
 |
August 13, 2004 (Scheduled) |
| 2. |
Number of subscription rights to be issued:
|
|
1,000 (One share per subscription right)
|
| 3. |
Issue price of subscription rights:
|
|
Issued in gratis |
| 4. |
Type and number of shares to be issued for the
purpose of issuing subscription rights:
|
|
1,000 shares of JSAT common stock |
| 5. |
Payment due upon exercise of subscription rights:
|
|
Undetermined |
| 6. |
Total price of shares to be issued upon exercise
of subscription rights:
|
|
Undetermined |
| 7. |
Exercise period:
|
|
From July 1, 2005 to June 30, 2009
|
| 8. |
Amount of the issue price of new shares issued
upon exercise of subscription rights to be included in shareholders'
equity:
|
|
Undetermined |
| 9. |
Limits on the transfer of subscriptions rights: |
|
A subscription right may only be transferred with
the approval of the Board of Directors.
|
| 10. |
Eligible recipients of new subscription rights: |
|
54 recipients (5 directors, 7 executive officers
and 36 employees as well as 2 subsidiaries directors and 4 employees)
|
