Tokyo, 8 August 2005 – LAWFUEL – The Law News Network – Global law f…

Tokyo, 8 August 2005 – LAWFUEL – The Law News Network – Global law firm Shearman & Sterling represented The Longreach Group (“Longreach”) in its acquisition of 24.98% of McDonald’s Holdings Company (Japan), Ltd. (“McDonald’s Japan”) [JASDAQ, code 2702] from the Fujita Family (“Family”).

With the passing of Den Fujita who was founder, chairman and chief
executive of the country’s largest fast-food franchise for three decades,
the Family had been looking for an opportunity to divest its shareholding
in McDonald’s Japan in order to pursue new business interests. The
acquisition provided the Family with a divestment solution in relation to
its shareholding in McDonald’s Japan. The value of the transaction based
on the closing price of McDonald’s Japan stock on the closing date of 27
July 2005 was JPY75 billion (approximately US$670 million). The
acquisition, implemented through Lakeview Limited, a Cayman Islands
Company, has made the private equity fund the second largest shareholder of
McDonald’s Japan, after McDonald’s Corp.

Notes to Editors:

Established in 1987, Shearman & Sterling LLP’s Tokyo office provides a
broad range of legal advice, including mergers and acquisitions, capital
markets, privatizations, real estate, banking, project finance and
litigation. The office is staffed by lawyers with diverse backgrounds and
areas of specialty, and who advise Japanese, U.S. and other foreign
clients, as well as various divisions of the Japanese government, on legal
matters in Japan and elsewhere in the world.

Shearman & Sterling LLP is a global law firm with more than 1,000 lawyers
located in 19 offices around the world, including Abu Dhabi, Beijing,
Brussels, Düsseldorf, Frankfurt, Hong Kong, London, Mannheim, Menlo Park,
Munich, New York, Paris, Rome, San Francisco, São Paulo, Singapore, Tokyo,
Toronto and Washington, D.C. The firm is a leader in mergers and
acquisitions, capital markets, project development and finance, complex
business litigation and international arbitration, asset management and
tax.

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