52-Week Performance Chart

From time to time, BNY may pay a rebate to brokers that deposit shares with BNY for the issuance of unsponsored depositary receipts (DRs) or global depositary notes. BNY assumes no obligation or responsibility, and expressly disclaims any liability arising out of, or relating to, such rebates, including without limitation whether the rebate or any portion of it is passed on to the beneficial holders by the brokers.
Unsponsored DRs may be issued by multiple depositary banks servicing a particular DR program. Consequently, as a result of Depository Trust & Clearing Corporation (“DTCC”) practice, the actual cash distribution fees charged may differ from the BNY fees detailed in the fee schedule as fees will be charged in accordance with the fee schedule of the depositary bank that is considered to be the “First Filer”. The fees to be charged for any particular unsponsored cash distribution will be disclosed on the event announcement published by the “First Filer”. BNY takes no responsibility for the level of fees charged by any other depositary bank. The “First Filer” is the depositary bank that filed the first Form F-6 for a program with the U.S. Securities and Exchange Commission (“SEC”). In the event the actual “First Filer” does not have DRs outstanding for a program, the next depositary bank who filed a
Form F-6 with the SEC and has DRs outstanding will be deemed to be the First Filer for these purposes.

DR Details

DR Symbol	CJPRY
CUSIP	153766100
DR Venue	OTC
DR ISIN	US1537661001
Ratio DR:ORD	2:1
First Filer	DB
Underlying ISIN	JP3566800003
Underlying SEDOL	6183552
Country	Japan
Effective Date	Dec 15, 2006
Depositary	BK, CIT, DB, JPMC (Unsponsored)
Industry	Travel & Leisure

Central Japan Railway is mainly engaged in the provision of railway and bus services in the Tokai region. The Company operates the Tokaido Shinkansen as its core business, the main transportation artery linking Japan's principal Metropolitan areas of Tokyo, Nagoya, and Osaka, as well as conventional lines centered on the Nagoya and Shizuoka areas. The Company is also engaged in the operation of department stores, the sale of foods and beverages in the trains and stations, the leasing and sale of real estate, the operation of hotels, and the travel agency and advertising agency business, as well as the provision of facility inspection and maintenance services.

Data provided by Mergent, Inc.

Fee Type in US Dollar per ADS	Deposit Agreement
Annual Depositary Service	up to $0.1000
Cancellation	up to $0.1000
Cash Distribution	up to $0.1000
Issuance	up to $0.1000
Registrar Inspection	up to $0.0000
Cash Distribution(Other)	up to $0.1000
Rights - Issuance	up to $0.1000
Stock Dividend	up to $0.1000
Transfer	up to $0.0000
Cable Fee per Cancellation	$17.5000

Monthly Trading Summary

Month	Month End DR Close Price	DR Trading Volume	Avg Day DR Trading Volume
May.25	10.91	1,355,931	64,568
Apr.25	10.77	3,241,795	154,371
Mar.25	9.51	1,848,988	88,047

Depositary Receipts Foreign Exchange Pricing Disclosure

Central Japan Rail Homepage