Notice of Revision of Consolidated Operating Results Forecasts Owing to Tax Expenses Arising from the Reduction of the U.S. Corporate Tax Rate

Owing to the passing of new tax reform legislation in the United States, DIC will be obliged to reverse deferred tax assets, as well as to report related tax expenses, in its consolidated operating results for the fiscal year ending December 31, 2017. As a consequence, the Company has revised its operating results forecasts for the period as indicated below. There has been no attendant revision of the dividend forecast.

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