Clearing FeeClearing Participants and Affiliates Fees

１．Base Fee (Clearing Participants only)

JPY 5.2 mil per month

２．Clearing Fee related to JPY IRS Transactions

Shareholder Clearing Participants (Class C Shareholders) and Affiliates

ａ．New Clearing Fee	(a) Up to (and including) 2,000th Cleared Trade JPY 5,000 per Cleared Trade (b) From 2,001st and up to (and including) 10,000th Cleared Trade JPY 1,000 per Cleared Trade (c) From 10,001st Cleared Trade JPY 400 per Cleared Trade
ｂ．Outstanding Cleared Trade Fee	(a) Up to (and including) 8,000th Cleared Trade JPY 450 per Cleared Trade (b) From 8,001st and up to (and including) 40,000th Cleared Trade JPY 100 per Cleared Trade (c) From 40,001st Cleared Trade JPY 35 per Cleared Trade

ａ．Cap for Clearing Participants	Sum of Base Fee and Clearing Fee for JPY Cleared Trade will not be more than JPY 102.4mil
b．Cap for Affiliates	Sum of Clearing Fee for JPY Cleared Trade per Affiliate Account will not be more than JPY 40 mil

Non-Shareholder (Class C Shareholder) Clearing Participants and Affiliates

ａ．New Clearing Fee	JPY 8,000 per Cleared Trade
ｂ．Outstanding Cleared Trade Fee	JPY 700 per Cleared Trade

３．Compression Fee

ａ．Per Trade Compression Vendor-Initiated Compression	JPY 1,200 per trade
b．Blended Rates Compression	JPY 2,400 per trade
c．Member-Initiated Compression	JPY 2,400 per trade - Minimum charge of JPY5mil shall apply.
d．JSCC-Initiated Compression	As to the number of trades obtained by subtracting the number of the new trades from the number of the trades terminated ( "Trade Count subject to JSCCIC Fee"), the amount per trade of Trade Count subject to JSCCIC Fee determined according to the aggregate Trade Count subject to JSCCIC Fee for the Fiscal Year to which the month of conclusion of the JSCC-Initiated Compression belongs: (a) Up to (and including) 2,500th Trade Count for the relevant Fiscal Year: JPY 6,000 per trade; (b) From the 2,501st and up to (and including) 5,000th Trade Count for the relevant Fiscal Year: JPY 3,600 per trade; (c) From the 5,001st Trade Count for the relevant Fiscal Year: JPY 1,200 per trade.

Compression Fee Cap (For Clearing Participants and Affiliates)

JPY 80mil

４．Collateral Fee

a．JGB Management Cost (Average Face Value of JGB posted by a Clearing Participant as IRS Clearing Fund, Initial Margin and Default Contingent Margin (hereinafter collectively referred to as “Collateral”) during Calculation Period) X (Actual Number of Days in Calculation Period) / 365 X 0.50 / 10,000

b．US Treasuries Management Cost (a) (Average of Japanese yen equivalent of the face value of US Treasuries posted by a Clearing Participant as Collateral during the Calculation Period) X (Actual Number of Days in the Calculation Period) / 365 X 0.50 / 10,000 (b) The sum of the values obtained by below formulae in each month during the Calculation Period (Sum of the Market Value (referring to the amount calculated by JSCC in the manner prescribed in a public notice, then converted into JPY) of US Treasuries posted by a Clearing Participant as Collateral as of the end of each month) X (Actual Number of Days in the relevant month) / 365 X 1.0 / 10,000 (c) JPY equivalent of the amount obtained by the formula shown below converted into JPY in a manner prescribed by JSCC in a public notice 20 U.S. dollars X (Number of Posting and Withdrawal Instructions given by a Clearing Participant in relation to US Treasuries posted as Collateral during the relevant Calculation Period)

c. The costs related to Money Trust (applicable only when a negative interest rate applies to a portion of the current account under the Complimentary Deposit Facility of the Bank of Japan and JSCC is to bear the trust fee corresponding to such interest rate) (JPY Cash Collateral posted by a Clearing Participant to JSCC on the relevant day which are deposited in ordinary savings account and time deposit of the bank which operates trust business) X 1/365 x (absolute value of the relevant negative interest rate)

d．Other costs incurred by JSCC in fulfilling a Clearing Participant’s requests regarding the management of Collateral

５．OIS Conversion Fee

JPY 3,500 per trade

６．Trade Reporting Fee

(1) Trade Data Repository Reported Cleared Contracts (IRS)

The amount calculated according to below formula, for each Clearing Participant, who is a party of the cleared contracts (“Trade Data Repository Reported Cleared Contracts (IRS)”) reported to DTCC Data Repository Japan K.K. (“DDRJ”), a Trade Data Repository (as such term defined in Paragraph 1 of Article 156 of the Financial Instruments and Exchange Act (Act No. 25 of 1948)).

(Monthly DDRJ Notified Amount) x (Number of Trade Data Repository Reported Cleared Contracts (IRS)) / (Total Number of Trade Data Repository Reported Cleared Contracts (IRS) and Trade Data Repository Reported Cleared Contracts (CDS))

(2) HKTR Reported Cleared Contracts

The amount calculated according to below formula and converted into Japanese yen, for each Clearing Participant (limited to Clearing Participant incorporated in Hong Kong), who is a party of the cleared contracts reported to Hong Kong Monetary Authority (“HKTR”) (“HKTR Reported Cleared Contracts”).

(Number of HKTR Reported Clearing Contracts remaining as of the close of business of the last day of each month) x 4.5 HKD

(3) SDR Reported Cleared Contracts (IRS)

The amount calculated according to below formula and converted into Japanese yen, for each Clearing Participant, who is a party of the cleared contracts (“SDR Reported Cleared Contracts (IRS)”) reported to DTCC Data Repository (U.S.) LLC (“DTCC”), a Swap Data Repository (as such term defined in the U.S. Commodity Exchange Act Section 1a (48)).

(Monthly DTCC Notified Amount) x (Number of SDR Reported Cleared Contracts (IRS)) / (Total Number of SDR Reported Cleared Contracts (IRS) and SDR Reported Clearing Contracts (CDS))

７． Position Transfer Fee

JPY 2,000 per transferred Cleared Contract at the transferee. - No Fee shall be charged up to 100 transfers per Fiscal Year. (Note 1)

Position Transfer Fee Cap (For Clearing Participants and Affiliates)

JPY 40mil