Notification Regarding Change of Sub-subsidiary through Acquisition of Shares by Subsidiary

Tokyo, May 12, 2017 --- Hitachi, Ltd. (TSE:6501; “Hitachi”) today announced that Bradken Limited (Chairman: Phillip Arnall, “Bradken”) has become a consolidated sub-subsidiary of Hitachi and a consolidated subsidiary of Hitachi Construction Machinery Co., Ltd. (President and Chief Executive Officer: Kotaro Hirano; “Hitachi Construction Machinery”), which is a consolidated subsidiary of Hitachi, on March 20, 2017 as a result of Bradken shareholders’ acceptance of the takeover offer for Bradken in Australia (the “Takeover Offer”). 

For details of the Takeover Offer, please refer to the “Notice on Execution of Agreement with

Regard to Acquisition of Share in Australian Corporation Bradken Limited and Scheduled

Commencement of Share Takeover Offer for the Acquisition” dated October 3, 2016, the “Notice on Commencement of Share Takeover Offer for the Acquisition of Share in Australian Corporation Bradken Limited” dated November 1, 2016, the “Notice on Outcome of Share Takeover Offer for the Acquisition of Shares in Australian Corporation Bradken Limited and

Change in Subsidiary” dated March 21, 2017 and the “Notice on Outcome of Share Takeover Offer for the Acquisition of Shares in Australian Corporation Bradken Limited) dated April 10, 2017 announced by Hitachi Construction Machinery.