Toshiba Unifies HDD and SSD Manufacturing in Philippines

Toshiba Corp. has unified our two manufacturing companies in the
Philippines, Toshiba Information Equipment (Philippines), Inc. (TIP) for
manufacturing of Mobile HDDs / SSDs and Toshiba Storage Device
(Philippines), Inc. (TSDP) for manufacturing enterprise HDDs into one
company.

The new company launches on October 1, 2011 and the company name after
unification will be Toshiba Information Equipment (Philippines), Inc.
(TIP), located in Laguna Technopark, Binan, Laguna.

The aim of the unification is to get more effective manufacturing
structure by utilizing the most efficient management resources and
leveraging common human resources, technology, assets and information
systems. In addition, it is our goal to utilize the combined company to
enable higher quality and higher performance products by integration of
best practices in manufacturing and process technology from both mobile
and enterprise products into one company.

The president of the new Toshiba Information Equipment (Philippines),
Inc. (TIP) is Mr. Yoshiyuki Yano who is the former president of TIP. The
name of the new TSDP is Toshiba Information Equipment (Philippines),
Inc. Canlubang Site.

The products in both factories remain the same for the time being.