For Immediate Release

Company name: DAIICHI SANKYO COMPANY, LIMITED
Representative: Joji Nakayama, President and CEO
(Code no.: 4568, First Section of Tokyo, Osaka and Nagoya Stock Exchanges)
Please address inquiries to Toshiaki Sai, Corporate Officer,
Vice President, Corporate Communications Department
Telephone: +81-3-6225-1126 (Public Relations)
+81-3-6225-1125 (Investor Relations)
http://www.daiichisankyo.com/

Notice of Commencing Open Offer for Shares in Zenotech Laboratories Limited

TOKYO, Japan (August 4, 2010) – Daiichi Sankyo Company, Limited (TSE: 4568; head office: Chuo-ku, Tokyo; hereafter; Daiichi Sankyo) had announced the postponement of its open offer for acquisition of the common stock of Zenotech Laboratories Limited (BSE:532039; head office in Hyderabad, India; hereafter, Zenotech) on August 10, 2009.

In this regard, Daiichi Sankyo announced today that it has commenced an open offer to the public shareholders of Zenotech (the “Offer”), in accordance with the Indian regulations. The details of the Offer are summarized below.

 

Outline of the Offer

(1)  Period of the Offer

From August 4, 2010 through August 23, 2010 (Indian Standard Time)

(2)  Type of Share Certificates, etc. subject to the Offer:

Common Stock

(3)  Offer Price:

Rs113.62 per share

(4)  Number of Share Certificates, etc. planned to be purchased:

Maximum 6,886,000 Shares

(5)  Aggregate Price of the Offer:

Maximum of Rs782 million (JPY1,565 million, currency exchange rate: Rs1=JPY2.0)

(6)  Others:

This Offer follows the judgment of Supreme Court of India in respect of the Offer Price and is being made in accordance with the Indian regulations.