Let us update you on the activities that the INPEX Group undertakes for its diverse stakeholders under our themes of corporate social responsibility (CSR) built around the health, safety and environment (HSE) framework.

The INPEX Group publishes its CSR Report annually to keep its stakeholders informed of CSR initiatives and activities.

A third-party reviewer of the CSR Report 2008 commented, “the Group, with its many ongoing projects around the world, (should) provide a more detailed report on its challenges and initiatives for CSR outside Japan, as well as on environmental performance data for overseas projects… the Group (should also) consider using its website more effectively to complement the printed Report.” We have incorporated those ideas into the CSR Report 2009 under the following new editorial policy.

1. To discuss a host of stakeholder-relations programs and activities initiated under each theme of CSR, in addition to activities directly related to HSE.
2. To add a feature story section in which to discuss our activities to maintain and promote sound community relations in oil- and gas-producing areas.
3. To discuss significant CSR activities in this report and post others in our website along with environmental performance data compiled in overseas project sites.

• INPEX CORPORATION and its 54 consolidated subsidiaries.
• Environmental performance data for the Group’s domestic operations published in this report are a compilation of data from the Company’s Domestic Project Division, Teiseki Pipeline Co., Ltd., and Teiseki Topping Plant Co., Ltd.; and 50% of performance results of Offshore Iwaki Petroleum Co., Ltd. were added to the total, in proportion to the Company’s ownership of a working interest.
• Environmental performance data for the Group‘s overseas operations published on pages 24, 25, 34 and 35 of this report are a compilation of data from Gas Guarico, S.A., West Bakr Petroleum Co., INPEX Masela, Ltd., INPEX Browse, Ltd., INPEX Libya, Ltd., and Teikoku Oil Libya U.K. Ltd.
• The Company’s Domestic Project Division and Offshore Iwaki Petroleum Co., Ltd. have signed on to the program to reduce greenhouse gas emissions called for by Keidanren Voluntary Action Plan on the Environment. (Greenhouse gases emitted during a decarbonation process at the Minami Nagaoka Gas Field not included.)
• The Company’s Domestic Project Division, Teiseki Pipeline Co., Ltd., and Offshore Iwaki Petroleum Co., Ltd. participate in the program to reduce emissions of volatile organic compounds called for by the Japan Natural Gas Association.
• Data on freight volume was provided by the Company’s Domestic Project Division.

• April 1, 2008 to March 31, 2009 (This report may contain references to activities we undertook in April, May and June 2009.)

This report includes forward-looking information that reflects the plans and estimates of INPEX CORPORATION and its affiliates (hereinafter called the INPEX Group). Such forward-looking information is based on assumptions and beliefs of the INPEX Group in light of information currently available, and involves known and unknown risks, uncertainties, and other factors. Such risks, uncertainties and other factors may cause the INPEX Group’s actual results, performance, achievements or financial position to be materially different from any future results, performance, achievements or financial position expressed or implied by such forward-looking information.
Please be advised that the INPEX Group shall assume no responsibility for such risks.