Meeting of Shareholders

June 26,2009

Voting Results of
Ordinary General Meeting of Shareholders
for the Year Ended March 31, 2009

Mitsubishi Paper Mills Limited

Mitsubishi Paper Mills Limited has reported that ordinary general meeting of shareholders was held as follows and all three matters for resolution were approved as originally proposed by a vast majority of votes of participating shareholders, including votes cast by mail.


1. Ordinary General Meeting was held as follows:
Venue: Headquarters (Tokyo, Japan)
Date : June 26, 2009
Time Started: 10:00
Time Ended : 10:41

2. Number of Shareholders Present and Voting Rights
Number of rights of all shareholders 340,238
Number of shareholders able to exercise voting rights 17,852
Number of voting rights of shareholders present 273,523
(Including participation by postal vote)
Number of shareholders present 6,199
(Including participation by postal vote)

3. Breakdown of Votes “for” Each Proposal
(Votes Cast by Mail before the meeting)

Proposal No.1 (To Amend in Part the Articles of Incorporation)
　Votes for Proposal 250,484

Proposal No.2 (To elect 9 Directors)
Votes for Proposal 247,217 〜　247,916

Proposal No.3 (To elect 1 Substitute Auditor)
Votes for Proposal 250,185

1) Proposal No.2 shows the voting results for the candidate with the most and the fewest affirmative votes of all Director candidates.

2) For all proposals, the number of Votes cast by Mail before the meeting exceeded more than two thirds (Proposal No. 1) or more than the half (Proposal No. 2 and 3) of the number of voting rights of shareholders present. Therefore, it was apparent that all proposals would be approved by the meeting. Consequently, we did not calculate the number of votes for or against among the voting rights actually present at the meeting.