【全】H1

Dividends

Dividends

Actual Dividend

21st (January 31, 2017)Forecast dividend per unitJPY 2,606

The twenty-first fiscal period was from August 1, 2016 to January 31, 2017.

Eligibility for receipt of dividend was limited to registered unitholders of record as of January 31, 2017. The final trading day on the Tokyo Stock Exchange for registration was January 26, 2017.

Payment of dividend begins on April 14, 2017.

Forecast Dividends

22nd (July 31, 2017)Forecast dividend per unitJPY 2,610

The twenty-second fiscal period is from February 1, 2017 to July 31, 2017.

The above dividend forecast is calculated based on assumptions as of March 17, 2017. Actual dividend may vary due to acquisitions or sales of properties, fluctuations in the real estate market, and other changes in the environment for MHR. Accordingly, MHR does not guarantee this forecast dividend amount.

Eligibility for receipt of dividend is limited to registered unitholders of record as of July 31, 2017. The final trading day on the Tokyo Stock Exchange for registration is July 26, 2017.

Forecast Dividends

23rd (January 31, 2018)Forecast dividend per unitJPY 2,630

The twenty-third fiscal period is from August 1, 2017 to January 31, 2018.

The above dividend forecast is calculated based on assumptions as of March 17, 2017. Actual dividend may vary due to acquisitions or sales of properties, fluctuations in the real estate market, and other changes in the environment for MHR. Accordingly, MHR does not guarantee this forecast dividend amount.

Eligibility for receipt of dividend is limited to registered unitholders of record as of January 31, 2018. The final trading day on the Tokyo Stock Exchange for registration is January 26, 2018.

Changes in Dividend Amounts

(Note)
A 5-for-1 split of investment units was implemented on February 1, 2014