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Ube Industries Announces Decision on Amount to be Paid for Stock Options (Stock Acquisition Rights) in Stock-Linked Compensation Plan

TOKYO, July 14, 2008 - Ube Industries, Ltd., announced today that it has determined the paid-in value for the stock acquisition rights to be allocated to the Company?s directors and executive officers based on a resolution of a meeting of its Board of Directors held on June 27, 2008.

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