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SATAKE NEWS RELEASE

October 21, 2011

Flood Damage in Satake (Thailand) Co.,Ltd. (1)

Satake Thailand located in Bangkadi Industrial Park, Pathumthani, Thailand was submerged in the flood on October 21. Water levels reached 1.5 meters inside the factory affecting some of the production equipment on the floor.

Satake Thailand has been suspended operations, according to instructions by the management company of Bangkadi Industrial Park, and the date of reopening has yet to be decided.

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