Notification of Progress Toward Conducting the Tender Offer for Shares of Subsidiary

Tokyo, Japan, August 9, 2017 --- Hitachi, Ltd. (TSE:6501, “Hitachi”) announced in its press release titled “Notification of Execution of Basic Agreement pertaining to Tender Offer for Shares of Subsidiary” issued on April 26, 2017 (“Hitachi’s April 26 Press Release”) that it has executed a basic agreement with HKE Holdings G.K. (Executor: William Janetschek, “HKE”) and HVJ Holdings Inc. (Representative Director and President: Tatsuo Kimura, “HVJ”) regarding a tender offer scheduled to be conducted by HKE for the common shares of Hitachi Kokusai Electric Inc. (President and Chief Executive Officer: Kaichiro Sakuma, “Hitachi Kokusai”), a consolidated subsidiary of Hitachi (the “Tender Offer”), and a share consolidation of Hitachi Kokusai shares, and that HKE intends to commence the Tender Offer in early August 2017. Hitachi herein announces the progress toward conducting the Tender Offer as follows.