Failed-Takefuji Signed Sponsorship Agreement With S Korea's A&P Financial

Takefuji Corp., a failed consumer loan company, announced that it has signed a sponsorship agreement with A&P Financial Co., Ltd., a Seoul-based consumer finance company. Since Takefuji filed a petition for the commencement of reorganization proceedings with the Tokyo District Court on September 28, 2010, Takefuji has been searching for a sponsor to achieve early reorganization of our business.