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A list of securities company and research institute analysts covering Asahi Glass.

Analyst Coverage(As of December, 2011)

Company	Analyst
Bank of America Merrill Lynch	Akiko Kuwahara
Barclays Capital Japan Ltd.	Yuji Fujimori
BNP Paribas Securities Japan Ltd.	Kei Rameau
Citigroup Global Markets Japan	Atsushi Ikeda
Credit Agricole Securities Asia B.V.	Makoto Kurosawa
Daiwa Securities Capital Markets Co., Ltd.	Yusuke Ando
Deutsche Securities Inc.	Katsuhiko Ishibashi
Goldman Sachs Japan Co., Ltd.	Takashi Watanabe
Jefferies Japan Ltd.	Masahiro Wakasugi
Mizuho Securities Co., Ltd.	Hiroshi Matsuda
Morgan Stanley MUFG Securities Co., Ltd.	Lalita Gupta
Nomura Securities Co., Ltd.Financial & Economic Research Center	Takaomi Kono
Okasan Securities Co.,Ltd.	Noritsugu Hirakawa
SMBC Nikko Securities	Hiroyuki Okaseri
UBS Securities Japan Ltd.	Shohei Takahashi

* Analysts are listed in corporate alphabetical order, with titles omitted from names.

* The list above is prepared based on the information available to the Company at the time of publication.Please note that there may be analysts who are not included in the list, and the entirety of the information may not necessarily be the latest one.

* The list is prepared for the sole purpose of providing the Company's information, such as introduction of companies which analyze or forecast the Company's performance, or analysts at research institutes, to the Company's investors, and is not intended for soliciting orders or trading for the Company's shares. Also, the Company neither supports any forecasts, opinions or recommendations by these analysts, nor guarantees any consistency of the information.Irrespective of whether included in the list or not, analysts may regularly or irregularly analyze the Company's performance, business, technologies or services, or forecast the Company's performance based on their independent judgment. Please note that the Company is never involved in any process concerning the preparation of these forecasts.Investors are hereby requested to make their final investment decision based on their own judgment and responsibilities.