Tokyo May 22, 2013 - At a meeting of the Mitsubishi Heavy Industries, Ltd. (MHI) Board of Directors held today, a resolution was made to submit a proposal concerning distribution of dividends from retained earnings to shareholders of record as of March 31, 2013, to the 88th Ordinary General Meeting of Shareholders scheduled to be held on June 26, 2013. Details are shown below.

Details

	Dividends resolved to be proposed	Previous forecast (April 26, 2013)	Year-end dividends for the previous fiscal year (Ended March 31, 2012)
Record date	March 31, 2013	March 31, 2013	March 31, 2012
Year-end dividends per share	5 yen	5 yen	3 yen
Total amount of dividends	16,776 million yen	-	10,065 million yen
Effective date	June 27, 2013	-	June 22, 2012
Dividend resource	Retained earnings	-	Retained earnings

Reference: Annual dividend breakdown

	Dividends per share (yen)
Record date	Interim	Year-end	Annual
Fiscal year ended March 31, 2013	3 yen	5 yen	8 yen
Fiscal year ended March 31, 2012	3 yen	3 yen	6 yen

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