CARROLLTON, Texas - Daikin AC (Americas) Inc. has issued the following letter regarding the tragedy in Japan in order to offer its condolences and provide further information on the company and its operations.The NEWSis reprinting it in full.

March 15, 2011

Subject: Tragedy in Japan

Dear Daikin AC Business Partners:

On behalf of Daikin AC, we would like to send our deepest condolences to the people of Japan, particularly those who have lost loved ones in the earthquake and tsunamis. We are grateful to the people of the world for their friendship and alliance with Japan which is unwavering and will only strengthen as we work toward overcoming this tragedy.

Since Friday while in Japan, Daikin AC’s executive team has received daily updates from Daikin Industries executives, including CEO Inoue.

We are very fortunate to report that no Daikin employees have been injured or killed by the disaster.

Daikin Industries has one factory in the Tokyo area (Kashima factory, Chemicals Division) that has experienced power outages.

The Shiga plant and Kanaoka plants located on the west side of Japan (Air Conditioning division producing RA/QA and VRV) were not affected by the disaster and no interruptions of operation have occurred.

The Umeda Center Building, Daikin Industries’ headquarters in Osaka, did experience swaying from the earthquake last Friday although no damage has been reported to the building.

Daikin products available in North America are produced in various parts of the world. In fact, Daikin AC supported products have origins of Japan, China, Thailand, Belgium, and the United States. Please know that our supply chain will be working with all factories to ensure timely product availability. All product shipping via ocean from Japan ships from Kobe, which has already re-started their operations.

Our thoughts and prayers are with the people of Japan as they endure this tragedy. If you are looking for ways to help, please consider donating to the Japanese Red Cross Society via the link to the American Red Cross at www.redcross.org (click on Donate Funds button) or through other reputable charitable organizations.

We will keep you informed of any new developments as they are reported. Your continued support and sincere concern is appreciated.

Thank you.

Sincerely,

Akinori “Andy” Atarashi
President
Daikin AC (Americas), Inc.

Russell Tavolacci
Vice President & General Manager
Daikin AC (Americas), Inc.

Publication date:03/28/2011