Mitsubishi Motors Corporation

Asian Activities Report for February 10, 2012 includes: Mazda Motor Corporation (TYO:7261) has developed resin material for vehicle parts that maintains the same rigidity as parts made with conventional materials while achieving significant weight reduction; Sinochem International Corporation (SHA:600500) has signed an agreement with french energy giant Total (EPA:FP) to buy TEPMA BV, a fully owned affiliate of Total in Colombia, for about US$1 billion; Japanese pharmaceutical company Takeda Pharmaceutical Company Limited (TYO:4502) announced today the establishment of the Takeda Shanghai Development Center within the Shanghai-based Takeda (China) Holdings Co., Ltd., a wholly owned subsidiary of Takeda; Mitsubishi Motors Corporation (TYO:7211) will present the global debut of the all-new Outlander at the 82nd Geneva International Motor Show which runs from March 6 through March 18; Lion Corporation (TYO:4912) says that the Company has improved Ban Deodorant Roll On, which features a long-lasting deodorant effect, and has upgraded Ban Refresh Shower Sheets, a new product that can effectively wipe away sticky perspiration and odor.

2nd Annual Green Fuels & Vehicles China 2011 will be convened on April 7-8 in Beijing, China. This year the event will focus on exploring the technical and commercial roadmaps for alternative fuels and new energy vehicles, discuss the policy incentives, market outlook, technical innovations and charging infrastructure development of the industry. It is China's leading international networking and information exchange platform for new energy vehicle industry.

Emerging lithium producer, Galaxy Resources Limited (ASX:GXY), is pleased to announce that it has placed an order with Swan Energy Pty Ltd to install 15 large solar panels and 2 wind turbines generating a total 214 MWhr per year of clean green energy at its lithium operation in Ravensthorpe.

Asian stocks saw modest gains Wednesday on hope of a bailout package for Greece. Australian market was boosted yesterday as official data showed that Australia's economy grew 0.9 per cent in fourth quarter, its fastest quarter-to-quarter pace in almost two years. Japan's Nikkei index ended up 0.3 per cent. South Korea's Kospi Composite rose 0.5 per cent. Shanghai Composite climbed 0.8 per cent higher. But Hong Kong's Hang Seng Index closed 0.1 per cent lower. Today Asian markets are likely to open flat, after Wall Street declined slightly on Wednesday.

Most Asian markets fell Thursday as investors took profit from recent rallies. Resources shares declined across the region after news that International Monetary Fund plans to sell 191.3 metric tons of gold on open markets. Hong Kong's Hang Seng Index lost 0.5 per cent and South Korea's Kospi fell 0.4 per cent. However, Japan's Nikkei stock average rose 0.3 per cent while the Bank of Japan left its interest rate at 0.1%. China, Taiwan and Vietnam markets remained closing on Friday.

Asian shares declined in thin trade on Monday. Tokyo stocks fell on the pre-weekend fall on Wall Street and monetary tightening in China, despite a slightly better than expected gross domestic product figure in fourth quarter was released yesterday. Australian stocks Monday was also lower, weighed down by some disappointing earnings reports. There is no lead from Wall Street and major Asian markets including Shanghai, Hong Kong, Taiwan and Singapore are still in holiday break on Tuesday.

U.S. stocks closed slightly lower on Tuesday, giving up early gains boosted by consumer confidence data and strong earnings from Apple. Investors remained cautious as there were continued concerns over bank regulation plans.

Most Asian markets delivered modest gains on Thursday as positive US economic data restored confidence in a global economic recovery.

Yesterday Asian markets ended lower after big overnight losses on Wall Street and on concerns about European banks. Tokyo's Nikkei index reached its lowest since October. Shanghai Composite saw a massive 4.7% fall in a single day. Hong Kong's Hang Seng Index ended up 0.6% and Taiwan's Taiex gained 0.2%.

Most Asian markets were hammered Monday over the concerns that the global recession is deepening. Hong Kong shares plunged sharply, even as mainland-Chinese shares gained after the Chinese New Year holidays. In Tokyo, some of Japan's biggest industrial companies fell to multiyear lows. China's Shanghai Composite contrasted other major indexes with 1 per cent surge as agricultural sector was strengthened after the Chinese government announced measures to prevent grain production from falling.