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Change in Major Shareholders - Mazda

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DISCLAIMER<br />

The projections and future strategies shown <strong>in</strong> this<br />

presentation are based on various uncerta<strong>in</strong>ties <strong>in</strong>clud<strong>in</strong>g<br />

without limitation the conditions of the world economy <strong>in</strong><br />

the future, the trend of the automotive <strong>in</strong>dustry and the<br />

risk of exchange-rate fluctuations.<br />

So, please be aware that <strong>Mazda</strong>'s actual performance may<br />

differ substantially from the projections.<br />

If you are <strong>in</strong>terested <strong>in</strong> <strong>in</strong>vest<strong>in</strong>g <strong>in</strong> <strong>Mazda</strong>, you are<br />

requested to make a f<strong>in</strong>al <strong>in</strong>vestment decision at your own<br />

risk, tak<strong>in</strong>g the forego<strong>in</strong>g <strong>in</strong>to consideration.<br />

Please note that neither <strong>Mazda</strong> nor any third party<br />

provid<strong>in</strong>g <strong>in</strong>formation shall be responsible for any damage<br />

you may suffer due to <strong>in</strong>vestment <strong>in</strong> <strong>Mazda</strong> based on the<br />

<strong>in</strong>formation shown <strong>in</strong> this presentation.<br />

9

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