May 11, 2010
To All Stakeholders:
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
Junior Managing Director, Officer, Supervisory Office


Notice of Stock Repurchase from the Market
(In Accordance with the Provisions of the Company’s Articles of Incorporation,
Pursuant to Article 165.2 of the Company Act)

USS Co., Ltd. (the ”Company”) hereby serves notice that, at a meeting held on May 11, 2010, the Board of Directors approved the repurchase of the Company’s shares from the market pursuant to the provisions of Article 156 of the Company Act, which is made applicable by Article 165.3 of the Company Act.

1. Rationale
The stock repurchase will enable the board to adopt timely and flexible financial strategies in response to changes in the Company’s operating environment.

2.

Details of Acquisition of Shares:
(1) Type of shares to be repurchased: USS common shares
(2) Total number of shares authorized for repurchase: Up to 500,000
(1.68% of shares issued, excluding treasury shares)
(3) Aggregate purchase amount: Up to 3,000 million yen
(4) Method of purchase: Open market purchase
(5) Date of purchase: May 12, 2010 to June 23, 2010

Reference:
Treasury shares held by the Company as of March 31, 2010
» Total number of shares issued, excluding treasury shares: 29,759,508
» Total number of treasury shares: 2,936,474


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