Regarding Reports in the Media on San Cristobal Mine in Bolivia

Sumitomo Corporation (Head Office: Chiyoda-ku, Tokyo; Representative Director, President and Chief Executive Officer: Masayuki Hyodo; hereinafter, “Sumitomo Corporation”) owns 100% interests in the San Cristobal mine, which produces silver, lead and zinc, through MINERA SAN CRISTOBAL S.A. (Head Office: La Paz, Bolivia; hereinafter, “MSC”), and is engaged in mine development and operation.

Although some media reported that Sumitomo Corporation would sell its interests in MSC, this has not been announced by Sumitomo Corporation and no decision has been made.

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