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May 22, 2015

Ceremony Held in Mongolia to Commemorate Sumitomo Corporation Scholarship Program

Sumitomo Corporation established the Sumitomo Corporation Scholarship Program in 1996 on the 50th anniversary of its corporate activities, and it has supported the development of the youth who are the future of developing countries by providing scholarships to university students from Asian countries. In Mongolia, the program started in 1996 at the National University of Mongolia (hereinafter "NUM"), where a total of 378 students have thus far received scholarships. Students from the Mongolian University of Science and Technology (hereinafter "MUST") have been eligible for these scholarships since 2011, with a total of 90 recipients having utilized the program to further their studies.

On April 21, a commemorative ceremony was held in Mongolia to celebrate the Program's 20th anniversary at NUM and 5th anniversary at MUST. Japan's Ambassador Extraordinary and Plenipotentiary to Mongolia Takenori Shimizu, along with university officials, current scholarship students and graduates, and members of the local press were among the 86 attendees. The speakers at the ceremony had many words of praise for the scholarship program and of thanks for Sumitomo Corporation's assistance.

One graduate noted in his remarks: "I graduated from the computer programming department in 2010, and I am now working as a programmer at a mobile telecommunications carrier. The scholarship I received imbued in me a sense of responsibility to make my own contribution to Mongolia's future development, and I am thus grateful to Sumitomo Corporation for more than just its financial assistance."

Sumitomo Corporation is committed to supporting the growth of other students who will play a part in Mongolia's future development through this scholarship program.

Hiroto Fujiwara (right), General Manager of Sumitomo Corporation's Ulaanbaatar Office, told the audience: "We hope that our company will prove itself useful in mining not only resources buried in the ground but also the unlimited resources contained in the minds of students."

NUM students performed a traditional Mongolian dance at the ceremony, and the venue resounded with the clapping of hands to the rhythm of the dance.

As the attendees lined up for a group photograph, one student commented: "I'm quite surprised by the large number of people here, and I am happy to have been able to participate in this ceremony."

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