Fast Retailing Co., Ltd. — Capital/Financing Update 2018

Jul 12, 2018

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

FAST RETAILING CO., LTD.

迅銷有限公司

(Incorporated in Japan with limited liability) (Stock code: 6288)

OVERSEAS REGULATORY ANNOUNCEMENT

This overseas regulatory announcement is made by Fast Retailing Co., Ltd. (the " Company ") pursuant to Rule 13.10B of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited.

Please refer to the attached notice related to “Notice of 5th, 6th, 7th and 8th Issuance of Unsecured Straight Bonds” issued by the Company on the website of the Tokyo Stock Exchange today.

By order of the Board Fast Retailing Co., Ltd. Mitsuru Ohki Joint Company Secretary

Japan, July 12, 2018

As at the date of this announcement, our executive director is Tadashi Yanai, our non-executive director is Toru Murayama and our independent non-executive directors are Toru Hambayashi, Nobumichi Hattori, Takashi Nawa and Masaaki Shintaku.

July 12, 2018 FAST RETAILING CO., LTD (Tokyo: 9983 / Hong Kong: 6288)

Notice of 5[th] , 6[th] , 7[th] and 8[th] Issuance of Unsecured Straight Bonds

FAST RETAILING CO., LTD. (the “Company”, and together with its subsidiaries, the “Group”) announces to issue the 5[th] , 6[th] , 7[th] and 8[th] series of unsecured straight bonds based on the resolution of its Board meeting held on April 23, 2018. The terms and conditions are set out below.

Funds raised through this bond issuance will be used mainly to redemption of bonds, accelerate the Group’s globalization and digitalization, which would fuel its sustainable growth.

	5th Series	6th Series	7th Series	8th Series
1.IssueAmount	80 billionyen	30 billionyen	100 billionyen	40 billionyen
2. Denominationofeach Bond		100 million yen
3. Coupon Rate	0.110% perannum	0.220% perannum	0.405% perannum	0.880% perannum
4.IssuePrice		100% ofthe principalamount ofthe bonds
5. InterestPaymentDates	(The	June 20 and December 20 of each yearFirstInterestPaymentDates:December 20,		2018)
6. Maturity Date	June 6, 2023(5-yearbond)	June 6, 2025(7-yearbond)	June 6, 2028(10-yearbond)	June 4, 2038(20-yearbond)
7.PaymentDate		June 6,2018
8.Rating		AA(JapanCreditRatingAgency,Ltd.)
9. Underwriters	Nomura SecuritiesCo., Ltd.Mitsubishi UFJMorgan StanleySecurities Co., Ltd.SMBC NikkoSecurities Inc.Mizuho SecuritiesCo.,Ltd.	Nomura SecuritiesCo., Ltd.Mitsubishi UFJMorgan StanleySecurities Co., Ltd.SMBC NikkoSecurities Inc.Mizuho SecuritiesCo.,Ltd.	SMBC NikkoSecurities Inc.Mitsubishi UFJMorgan StanleySecurities Co., Ltd.Nomura SecuritiesCo., Ltd.Mizuho SecuritiesCo.,Ltd.	Mitsubishi UFJMorgan StanleySecurities Co., Ltd.SMBC NikkoSecurities Inc.Nomura SecuritiesCo., Ltd.Mizuho SecuritiesCo.,Ltd.
10. Fiscal Agent	Sumitomo MitsuiBankingCorporation	Sumitomo MitsuiBankingCorporation	Sumitomo MitsuiBankingCorporation	MUFG Bank, Ltd.

This press release has been prepared for the purpose of announcing the Company’s issuance of unsecured straight bonds in Japan. This press release is not an offer to sell or the solicitation of an offer to buy securities. The securities have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “1933 Act”). The securities may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements under the 1933 Act.