Press Release

Hitachi Power Systems America Awarded Contract with Tri-State Generation and Transmission Association Inc. For Design and Supply of a SCR System

BASKING RIDGE, N.J., January, 2014 – Hitachi Power Systems America, Ltd.
(HPSA), a wholly owned subsidiary of Hitachi America, Ltd., today announced that it
has been awarded a contract for the design and supply of a Selective Catalytic
Reduction (SCR) System including Hitachi’s proprietary catalyst with Tri-State
Generation and Transmission Association, Inc. for its Craig Generation Station, Unit 2,
located in Craig, Colorado.

The contract includes the design and supply of a SCR System for Craig Unit 2 which
is a coal-fired steam electric generating unit with a net capacity of approximately 428
MW. The Craig Station fires Colorado low sulfur bituminous coal as its primary fuel.
SCR systems reduce nitrogen oxide (NOx) emissions, a contributor to the formation of
ozone and smog. The SCR system being furnished by HPSA will utilize Hitachi’s
state-of-the-art catalyst, offering high NOx removal efficiencies over a wide operating
load range. This leading edge technology will help Tri-State Generation meet or
exceed its NOx reduction requirements, while keeping sulfur trioxide (SO3) emissions
low. This highly reliable system is being designed for continuous operation throughout
the year.

Henry Bartoli, president and CEO of HPSA stated, “We are extremely pleased to have
been selected by Tri-State Generation to execute this project and look forward to
supporting Tri-State Generation’s efforts to supply its customers with clean, efficient,
low cost electricity. This contract represents another important milestone in the
deployment of Hitachi’s proven technologies to the U.S. markets and further
establishes HPSA’s important leadership position as an industry leader in the
reduction of emissions from power generation facilities.”

About Hitachi Power Systems America, Ltd.
Hitachi Power Systems America, Ltd. (HPSA), Ltd., headquartered in Basking Ridge,
New Jersey, is a leading supplier of equipment and services for the Power Generation
Market including Thermal and Nuclear facilities. Products include advanced
Pulverized Coal Boilers and Pressure Parts, Heat Recovery Steam Generators,
Steam and Combustion Turbine Generators, Air Quality Control Systems for new
plants and retrofit applications. HPSA is Hitachi’s Global Center of Excellence for the
emissions market including Wet Flue Gas Desulfurization and upgrades, Enhanced
All-Dry Scrubber, Fabric Filters, Mercury Oxidation Systems, SCR technology, Low
NOx Burners and CO2 mitigation technologies. Services include operation and plant
assessments, engineering studies, and coal- to-gas conversions. For more
information, visit us at www.hitachipowersystems.us.

About Hitachi America, Ltd.
Hitachi America, Ltd., a subsidiary of Hitachi, Ltd. headquartered in Tarrytown, New
York, and its subsidiary companies offer a broad range of electronics, power and
industrial equipment and services, automotive products and consumer electronics
with operations throughout the Americas. For more information, visit
www.hitachi-america.us. For information on other Hitachi Group companies in the
United States, please visit www.hitachi.us.

About Hitachi, Ltd.
Hitachi, Ltd. (TSE: 6501), headquartered in Tokyo, Japan, is a leading global
electronics company with approximately 326,000 employees worldwide. The
company’s consolidated revenues for fiscal 2012 (ended March 31, 2013) totaled
9,041 billion yen ($96.1 billion). Hitachi is focusing more than ever on the Social
Innovation Business, which includes infrastructure systems, information &
telecommunication systems, power systems, construction machinery, high functional
material & components, automotive systems and others. For more information on
Hitachi, please visit the company’s website at http://www.hitachi.com.