Tyco International Sells Nippon Dry-Chemical to Daiwa Securities SMBC Principal Investments

Tyco International Ltd. sold its subsidiary, Nippon Dry-Chemical Co. Ltd., to an SPC owned by Daiwa Securities SMBC Principal Investments Co. Ltd., a subsidiary of Japan-based investment bank Daiwa Securities SMBC Co. Ltd. The agreement was entered into on February 19, 2008, and the sale was reported on March 5, 2008.

“On March 5, 2008, Tyco International Ltd. (the “Company”) issued a press release reporting that it has sold its subsidiary, Nippon Dry-Chemical Co. Ltd., to the SPC owned by Daiwa Securities SMBC Principal Investments Co. Ltd., a subsidiary of Japan-based investment bank Daiwa Securities SMBC Co. Ltd., pursuant to an agreement entered into on February 19, 2008.”

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