[Unofficial Translation]
October 8, 2014
Koichiro Watanabe
President and Representative Director The Dai-ichi Life Insurance Company, Limited Code: 8750 (TSE First section)

Investment in Aircraft Finance Area


The Dai-ichi Life Insurance Company, Limited (the "Company"; President; Koichiro Watanabe) hereby announces that it has decided to make an investment in aircraft finances as the Company's effort aimed at entering into this new market; the amount is equivalent to approx. 20 million USD.

Case 1

Case 2

Description

Start to invest in EETC (Enhanced

Equipment trust Certificate)

Participation in syndicated loan to a US

aircraft leasing company

Amount

Approx. 9.4 million USD

950 million yen (approx. 8.6 million

USD)

Timing

Start from September 2014

November 2014 (scheduled)

Note

EETC is a structured finance product collateralized by multiple aircraft

finances.

Funds from this financing will be used to purchase aircrafts by the leasing

company.

The aircraft market has growth potential on a global basis, as both passenger demand in developing countries, and replacement demand for aircraft in developed countries, is expanding. The global commercial fleet is expected to grow to double in size from approx. 20,000 airplanes today to approx.
40,000 by 2032. Also the aircraft industry is an area in which Japanese companies have a high level of international competitiveness thanks to their technological capabilities and track records.
The Company will continuously and actively enhance our investments in growth areas and infrastructure sectors such as aircraft finance, while considering profitability and diversification.
*Generai structure ofEETC

Trust Account

Airline

Equipment Note l



Equipment Note l Class A Certificate Q

lnvestor

(or SPC) Q

Equipment Note

Equipment Note

J

l Class B Certificate l Q

lnvestor

distributed by