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| Daiwa Securities Group Inc. |
Daiwa Capital Markets America Inc.
New York Head Office
 http://www.daiwacm.com/us
San Francisco Branch
Daiwa Capital Markets Europe Limited
London Head Office
http://www.daiwacm.com/uk
Frankfurt Branch
Geneva Branch
Bahrain Branch
Paris Representative Office
Moscow Representative Office
Daiwa Capital Markets Hong Kong Limited
http://www.daiwacm.com/hk
Daiwa Capital Markets Singapore Limited
http://www.daiwacm.com/sg
Daiwa Capital Markets Australia Limited
Daiwa Capital Markets India Private Limited
Daiwa-Cathay Capital Markets Co., Ltd.
DBP - Daiwa Capital Markets Philippines, Inc.
Daiwa Securities Trust & Banking (Europe) PLC
http://www.daiwagas.com/
Daiwa Securities Trust Company
http://www.daiwast.com/
Daiwa Europe Fund Managers (Ireland) Limited
Daiwa Europe Trustees (Ireland) Limited
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| Daiwa Securities Capital Markets |
Daiwa Securities Capital Markets Korea Co., Ltd.
Beijing Representative Office
Bangkok Representative Office
Hanoi Representative Office
Daiwa-SSC Securities Co., Ltd.
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