Tokyo, July 13, 2012 -- Moody's Japan K.K. has assigned its Aa3 ratings to the senior unsecured bonds issued by The Bank of Tokyo-Mitsubishi UFJ, Ltd. (BTMU). The rating outlook is stable.

These are takedowns from the bank's JPY 2 trillion domestic shelf registration (effective December 27, 2011), which is rated (P)Aa3.

The bond issues are:

Series 136 JPY 20 billion domestic senior unsecured bond, due July 17, 2015

Series 137 JPY 40 billion domestic senior unsecured bond, due July 20, 2017

Series 138 JPY 10 billion domestic senior unsecured bond, due July 20, 2022

RATINGS RATIONALE

The Aa3 ratings of BTMU incorporate 1) BTMU's C standalone bank financial strength rating (BFSR), mapping to a3 on the long-term scale, 2) Moody's assessment of "very high" systemic support probability, and 3) the systemic support input of Aa2 (JGB rating at Aa3(*) plus 1) for Japan. (*: This Moody's Investors Service's rating is not governed by Japanese regulation.)

The C standalone BFSR reflects Moody's overall assessment of Mitsubishi UFJ Financial Group Inc. (MUFG) as a medium-C range institution with adequate financial standing, including the following factors: 1) MUFG's valuable franchise in Japan's retail/wholesale banking and fiduciary markets; 2) the higher volatility in its profitability and revenue structure; 3) its high concentration risk in Japanese corporate credit, and its equity risk relative to earnings and capital.

The principal methodology used in this rating was Moody's Consolidated Global Bank Rating Methodology, published on July 6, 2012, and available on www.moodys.co.jp.

The Bank of Tokyo-Mitsubishi UFJ, Ltd., headquartered in Tokyo, is one of the largest banks in Japan.

REGULATORY DISCLOSURES

The Global Scale Credit Ratings on this press release that are issued by one of Moody's affiliates outside the EU are endorsed by Moody's Investors Service Ltd., One Canada Square, Canary Wharf, London E 14 5FA, UK, in accordance with Art.4 paragraph 3 of the Regulation (EC) No 1060/2009 on Credit Rating Agencies. Further information on the EU endorsement status and on the Moody's office that has issued a particular Credit Rating is available on www.moodys.com.

For ratings issued on a program, series or category/class of debt, this announcement provides relevant regulatory disclosures in relation to each rating of a subsequently issued bond or note of the same series or category/class of debt or pursuant to a program for which the ratings are derived exclusively from existing ratings in accordance with Moody's rating practices. For ratings issued on a support provider, this announcement provides relevant regulatory disclosures in relation to the rating action on the support provider and in relation to each particular rating action for securities that derive their credit ratings from the support provider's credit rating. For provisional ratings, this announcement provides relevant regulatory disclosures in relation to the provisional rating assigned, and in relation to a definitive rating that may be assigned subsequent to the final issuance of the debt, in each case where the transaction structure and terms have not changed prior to the assignment of the definitive rating in a manner that would have affected the rating. For further information please see the ratings tab on the issuer/entity page for the respective issuer on www.moodys.com.

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Tetsuya Yamamoto Vice President - Senior Analyst Financial Institutions Group Moody's Japan K.K. Atago Green Hills Mori Tower 20fl 2-5-1 Atago, Minato-ku Tokyo 105-6220 Japan JOURNALISTS: (03) 5408-4110 SUBSCRIBERS: (03) 5408-4100 Stephen Long MD - Financial Institutions Financial Institutions Group JOURNALISTS: (852) 3758 -1350 SUBSCRIBERS: (852) 3551-3077 Releasing Office: Moody's Japan K.K. Atago Green Hills Mori Tower 20fl 2-5-1 Atago, Minato-ku Tokyo 105-6220 Japan JOURNALISTS: (03) 5408-4110 SUBSCRIBERS: (03) 5408-4100 Copyright 2012 Moody's Investors Service, Inc. and/or its licensors and affiliates (collectively, "MOODY'S"). All rights reserved.

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