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Removal of Grace Period

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December 1, 2010





Mitsubishi Tanabe Pharma Corporation









Removal of Grace Period





Osaka, Japan, December 1, 2010---Since October 1, 2007, the date of merger of

Tanabe Seiyaku Co., Ltd. and Mitsubishi Pharma Corporation, Mitsubishi Tanabe Pharma

Corporation’s (President & CEO: Michihiro Tsuchiya, hereinafter, the Company) shares were

designated by the Tokyo Stock Exchange Group, Inc. (hereinafter, TSE) and Osaka

Securities Exchange Co., Ltd. (hereinafter, OSE) as “shares subject to a grace period for

loss of substantial continuance due to merger, etc.” The Company announced that as of

today this designation as “shares subject to a grace period” has been removed.





The Company had been under investigations by both the TSE and OSE according to the

“Standards Established by the Exchange in Accordance with the Standards for New Listed

Company Investigation.” As a result of these investigations, the Company was determined

to be in compliance with the Standards and thus released from the designation of “shares

subject to a grace period”. Accordingly, the Company’s shares will continue being listed on

both exchanges.





We will continue to strive maximize enterprise value, for which we hope to have your

continued strong understanding and cooperation.



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