ALPINE Mobile Media Solutions

Dear Shareholders,

Th e new Alpine Electronics top management team includes two representative directors. As stated in the notice of resolutions enclosed, at the meeting of the board of directors held after the 44th Ordinary General Shareholders’Meeting on June 24, 2010, I have been elected chairman of the company; the new president is Toru Usami. I ask that all our shareholders give him their generous support.

I would also like to take this opportunity to thank all of you for the confi dence you placed in me during my service as president and humbly request your continued support and encouragement.

(Jun. 2010)

Dear Shareholders,

I am honored to greet you upon my appointment as the president of Alpine Electronics. Having worked closely with Seizo Ishiguro, the past president of our company, to increase the effi ciency of our operations, I have been appointed our new president as our company makes an aggressive new start, reorganizing our operating structure as a whole in the wake of the global fi nancial crisis.

The car electronics industry is in the midst of a major structural transformation. We face a host of problems and opportunities, including providing products for compact, hybrid, electric, and other eco cars and of expanding our operations in China and other rising economies.

We will be working to develop new products that are lighter and consume less energy, to deliver greater driver safety and security with advances in our drive assist program, and to strengthen our operational foundations ?? sales, manufacturing and development ?? in China, a strongly growing market. In these eff orts, our goal is expanding our business and increasing sales.

As Alpine Electronics set its sights on even greater growth and development, we will be implementing a business model in which our goal is delivering not just products but mobile media solutions, which include technologies and services.

Towards that end, Chairman Ishiguro and I will work as a team to speed up our management, signifi cantly reinforce our corporate fundamentals, and increase shareholder value. We thank all our shareholders and count on your continued support and encouragement.

(Jun. 2010)