TOP SAPPORO   Japanese

COMPANY

Cross Hotels Corporation


[Location]
35F World Trade Center Building
2-4-1 Hamamatsucho, Minato-ku, Tokyo 105-6135

[Percent of shares held by the Orix Group]
100%

[Established]
March 2006 (Capital acquired)

[Representative]
Tetsuro MASUKO, (President)

[Business Overview]

Develop and operate the Cross Hotel brand of hotels based mainly in the 12 major cities of Japan.

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