Company Profile

Corporate name:	Nissay Asset Management Corporation
Equity capital:	Approximately 36.8 billion yen
Share holder:	Nippon Life Insurance Company (90%) Putnam U.S. Holdings I, LLC (10%)
Number of staff:	428 persons (Including approximately 140 investment professionals)
Contact:	Headquarters Nihon Seimei Marunouchi Bldg. 1-6-6, Marunouchi, Chiyoda-ku, Tokyo 100-8219 Telephone number +81-3-5533-4000 Osaka Branch Office Daiko Imabashi Bldg. 2-4-10 Imabashi, Chuo-ku, Osaka 541-0042 Telephone number +81-6-6204-0201

as of the end of March 2011

Institutional	3.44 trillion Yen
Mutual Funds	2.00 trillion Yen
Total AUM	5.45 trillion Yen
Number of institutional clients	approximately 400

as of the end of March 2011

*AUM includes Investment advisory business.

1985: Founded Nissay Investment Advisors Co., Ltd.
1995: Founded Nissay Investment Trust Management Co., Ltd.
1995: Business Alliance with PanAgora Asset Management, Inc.
1997: Business Alliance with Putnam Investments
1998: Nissay Investment Advisors Co., Ltd. and Nissay Investment Trust Management Co., Ltd. were merged into Nissay Asset Management Corporation
1999: Accepted an investment from Putnam by 10%
2000: Integrated with Nippon Life's separate account management function
2004: Business Alliance with AEW Capital Management, L.P. in U.S. REIT area
Business Alliance with Frank Russell Company in FoHFs area
Business Cooperation with Hermes Focus Asset Management Limited in the Shareholder Engagement Funds area
2006: Signed 'Principles for Responsible Investment' implemented by UNEP Finance Initiative and the UN Global Compact
2011: Business Cooperation with Union Investment in Global Equity area.