OREANDA-NEWS. June 19, 2012. 7-Eleven, Inc. (headquarters: Texas, U.S.; President and Chief Executive Officer, Joseph M. DePinto), a subsidiary of Seven & i Holdings Co., Ltd., acquired stores from Strasburger Enterprises, Inc. The details are provided below:

1. Purpose of an agreement

This agreement will contribute to the expansion of store network and higher revenues and profits from convenience store operations in North America.

2. Overview of the stores

Area:    Texas, U.S.

Number of sites: 23 convenience stores

3. Overview of Strasburger Enterprises, Inc.

Name:

Representative:

Location of headquarters:

Major business activities:

Number of stores:

Strasburger Enterprises, Inc. President, H.T. Strasburger Texas, US

Operations of convenience stores located in Texas Approx. 30 stores of which 7-Eleven, Inc. has purchased 23

4. Schedule of acquisition Closed date of acquisition :

June 11, 2012

5. Outlook

The agreement will have only a minimal effect on the Company's consolidated results for the fiscal year ending February 28, 2013, but this asset purchase is expected to contribute to profits over the medium to long-term.