SOFTBANK Group announce exciting plans for Mongolia and Asia supergrid

SB Energy Corp, a SOFTBANK Group company engaged in renewable energy business, has announced it has
established a company, Clean Energy Asia LLC, for  renewable energy development jointly with Newcom LLC, a
Mongolian investment company.

Clean Energy Asia LLC will conduct feasibility study on the construction of renewable energy power plants
based on surveys of wind conditions and amount of sunlight at a 224,00ha* area at the Gobi Desert in Mongloia where
Clean Energy Asia LLC holds a right for its use, taking advantage of  its favorable wind and sunlight
conditions. Clean Energy Asia LLC will also search and select sites suitable for renewable energy power
generation in addition to this 224,000ha area.

The establishment of Clean Energy Asia LLC marks an important first step toward implementation of the
Asia Super Grid concept, which aims to supply power in Asian countries by connecting power networks
with submarine cables.  In order to supply power to neighboring countries where drastic increase of power
demand is expected as well as to fast growing  Mongolia, Clean Energy Asia will promote building
renewable energy power plants and facilitate the penetration of renewable energy.