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Calpis Co., Ltd. 2-4-1 Ebisu Minami Phone: (3) 641-23150 Shibuya-ku, TKY  150-0021  Japan Ticker: 2591 This company is no longer actively traded on any major stock exchange.

Business Summary CALPIS CO., LTD. is a Japan-based beverage manufacturer. The Company operates in two business segments. The Beverage and Functional Food segment manufactures and sells concentrated and ready-to-drink beverages, as well as functional foods and drinks. The products include CALPIS, Daigomi CALPIS, Daigomi CALPIS Blueberry, CALPIS WATER, CALPIS SODA, DIET Amino CALPIS, MiLQ, Calpis Cultured Milk Ameal S 120, Ameal S Handy, OLIGO CC and KEN-CHA-OH, among others. The Food and Others segment manufactures and sells dairy products and chilled desserts. The products include CALPIS KIDS and Premium Butter. It is also engaged in the leasing of real estate, as well as the provision of leasing and insurance services. Headquartered in Tokyo, CALPIS has 14 subsidiaries, four associated companies and one affiliated company

Financial Information Financial Ratings: Z'' Score  FRISK Score Latest Financial Statements and Analyses: 6/30/2007    Annual Financials    Quarterly Financials     Current Fiscal Period: 2Q 2007 Fiscal Year End: December Last Audit: 12/31/2006 Auditors: Misuzu Audit Corporation Audit Opinion: Unqualified

Industries Type Code Description Sector NONCYC Consumer/Non-Cyclical Industry BEVNON Beverages (Non-Alcoholic) SIC 2086 Bottled And Canned Soft Drinks And Carbonated Waters 2052 Cookies And Crackers NAICS 312111 Soft Drink Manufacturing 311919 Other Snack Food Manufacturing

Management Title Name Age Title Date Start Date President, Representative Director Sohei Ishiwata 61 3/1/2005 3/1/2005 Vice President, Representative Director Hidehira Satsuma 59 3/1/2005 3/1/1997 Executive Vice President, Vice President, Representative Director Fujio Yamada 60 3/1/2007 3/1/1999 20 additional Management records available in full report.

General Information Number of Employees: 1,330 (As of 12/31/2006) Outstanding Shares: 73,940,496 (As of 6/30/2007) Shareholders: 5,305 (As of 12/31/2006) Stock Exchange: TYO

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