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Completion of Acquisition of Zanotti

7 July 2016

In regards to its announcement on April 28, 2016, Daikin Industries, Ltd. announces that it has obtained all equity interest for Zanotti S.p.A. effective July 5, 2016 (local time), through its subsidiary Daikin Europe N.V. and has completed its acquisition. The acquisition price was 98 million euros.
This acquisition will be reflected in the company's consolidated financial settlement ending March 31, 2017.

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