Notice of Terms for Issuance of Stock Options (Stock Acquisition Rights)

July 10, 2008

To All Stakeholders:
Company: USS Co., Ltd.

President and CEO: Yukihiro Ando
Stock code: 4732
Stock exchange listings: Tokyo and Nagoya (first sections)
Tel: +81-52-689-1129
Contact: Masafumi Yamanaka
Managing Director
Junior Managing Director, Officer, Supervisory Office

The Board of Directors of USS Co., Ltd., meeting on June 25, 2008, approved the following terms of issue for stock options (stock acquisition right) for which terms had not yet been determined.

1.	Total number of stock acquisition rights to be issued: 838
2.	Type and number of shares under stock acquisition rights. (1) Number of shares per stock acquisition right: 10 (2) Total number of shares under stock acquisition rights: 8,380
3.	Amount to be paid for exercise of stock acquisition rights. The amount to be paid upon exercise of the stock acquisition rights shall be 10 yen (one yen per share of stock received).
4.	Issue price of stock acquisition rights. The amount to be paid for the acquisition of stock acquisition rights shall be 49,760 yen per stock acquisition right (4,976 yen per share of stock received). There is no need for individuals eligible to receive the stock acquisition rights to make payment for the rights, as the amount due will be offset by compensation that USS owes to each individual.