Date: 2013-08-01

NTN 2nd Production Base Established in Southern India [Production of CVJs and 3rd generation hub bearings to begin in April 2012]

(March 3, 2011)

NTN Corporation (hereafter, NTN) will establish the NTN NEI Manufacturing India Pvt. Ltd. (NNMI) Chennai Plant in Chennai, southern India as its 2nd production base in India. The plant is expected to begin sales and production of constant velocity joints (CVJs) and 3rd generation hub bearings in April 2012.

To signal the start of construction, a ground-breaking ceremony was held in the planned area of construction on February 16 in the Mahindra World City industrial area near Chennai.

A large number of guests were invited to the ceremony, including Japanese Consul-general of Chennai Mr. Minagawa and the Branch Manager of the JETRO Chennai office. A ground-breaking ceremony and traditional Indian Puja (a form of prayer) was conducted in front of approximately 40 guests to wish for safe construction of the plant and trouble-free launch of operations. The Consul-general offered his congratulations as he

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