Elliott’s Letter to Toyota Industries Shareholders

Elliott, the largest independent shareholder of Toyota Industries, published an open letter to the Company’s shareholders in which it outlined its opposition to the revised tender offer by Toyota Fudosan and called on other shareholders not to tender.

Investor Contacts:

Okapi Partners LLC
New York: Pat McHugh
T:+1 212 297 0720
Toll Free: (877) 629-6357

London: Christian Jacques
T: +44 20 3031 6613
[email protected]

Media Contacts:

London
Stijn van de Grampel
Elliott Advisors (UK) Limited
T: +44 20 3009 1061
[email protected]

New York
Stephen Spruiell
Elliott Investment Management L.P.
T: +1 (212) 478-2017
[email protected]

Tokyo
Brett Wallbutton
Ashton Consulting
T: +81 (0) 3 5425-7220
[email protected]