News Release 2007 December 26, 2007 KYORIN Obtains Credit Rating from R&I October 12, 2007 Discontinuation of Cooperation on Baynas Marketing for Treatment of Allergic Rhinitis by Kyorin Pharmaceutical Co.,Ltd. and Bayer Yakuhin,Ltd. October 2, 2007 Launch of "KIPRES" Oral Granules 4mg September 26, 2007 Merger between Kyorin Phamaceutical Co.,Ltd. and Nisshin Kyorin Pharmaceutical Co.,Ltd. July 31, 2007 Marketing Approval for "KIPRES" Oral Granules 4mg 1