News Release
Power Supply System Business to Launch as New Organization

January 4,2010
Fuji Electric Holdings Co., Ltd.

On January 1, 2010, Fuji Electric Systems Co., Ltd. (hereinafter referred to as “FES”), a wholly-owned subsidiary of Fuji Electric Holdings Co., Ltd. merged the uninterruptible power supply (UPS) business of FES and TDK-Lambda Corporation (hereinafter referred to as “TLJ”), a wholly-owned subsidiary of TDK Corporation, with the internal power supply business (mainly comprised of custom power supplies) of Fuji Electric High-Tech Corporation (hereinafter referred to as “FH”), in line with previous announcements.
 With a full lineup of products including internal power supplies and small-, medium- and large-capacity UPS, FES will develop its business with the aim of offering a power supply solution business that satisfies customers.

1. Business overview

(1) New organization
With this merger, Energy and Environmental Systems and Solutions Division, Drive and Solution Business Headquarters of FES has been created to handle the UPS business.

(2) Sales and service network
FES will continue to use the sales and service networks of TLJ and FH to avoid burdening customers with a change in commercial distribution. Accordingly, these sales distribution offices and service networks will remain in place and be renamed as FES.

(3) Production bases
The Matsumoto Plant of FH and the Tsukuba Plant of TLJ will be renamed as the Matsumoto Technical Center and Tsukuba Technical Center, respectively. These centers will be directed by Energy and Environmental Systems Solutions Division.
 In addition TDK-Lambda (Thailand) Co., Ltd., a production subsidiary, was renamed as Fuji Electric Power Supply (Thailand) Co., Ltd., and will continue its power supply business as a production subsidiary of FES.