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April 20, 2000

We Announce Appointment of New Chairman of the Board and President

We are pleased to announce that Mr. Akihiro Mochizuki (Present President) will be appointed to Chairman of the Board of NISSHINBO INDUSTRIES, INC. as of June 29, 2000.
And at the same time Mr.Yoshikazu Sashida (Present Executive Managing Director) will succeed to President of NISSHINBO INDUSTRIES, INC..

Mr. Akihiro Mochizuki

Mr. Akihiro Mochizuki

 	Mr.Yoshikazu Sashida

Mr.Yoshikazu Sashida

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