February 25, 2015
EBARA CORPORATION

The credit rating of EBARA CORPORATION (“EBARA”) assigned by Rating and Investment Information, Inc. (R&I) was raised today from “BBB+” to “A-” as set forth below. The rating trend is “stable.” In addition, the rating of EBARA’s commercial papers was raised from “a-2” to “a-1.”

For more information regarding the reasons of and other matters related to the rating, please see the news release published by R&I.
R&I’s homepage: https://www.r-i.co.jp/eng/