Chairman Mitarai's comment at his press conference

July 9, 2007

Following is the gist of remarks made by Chairman Mitarai at his Press Conference. Translation is rush and tentative, and sequence of the gist does not necessarily coincide with words delivered.

( Comment on two new vice chairmen )

Mr. Kazuo TSUKUDA, President of Mitsubishi Heavy Industries, Ltd. and Mr. Junichi UJIIE, Chairman of Nomura Holdings, Inc are going to become Keidanren vice chairmen at the extraordinary general meeting on July 31.

( Asked on the central bank interest rate )

The BOJ is expected to carry out the interest rate policy in good consideration of various factors such as the current situation and outlook of the Japanese economy, and domestic and foreign disparity in interest rate.

( Asked on investment funds )

Some investment funds play an important role to help business rebuilding. Others just exist to ruin value of companies. Those green mailers activities should be restricted.


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