NIPPON COKE & ENGINEERING. CO.,LTD.

As of April 2009, our company, well-known and familiar for over 100 years since establishment under the name of "Mitsui Mining Co., Ltd., " has been newly created as "Nippon Coke & Engineering Company, Limited. "

Up to now, we have worked on the reconstruction of our business in response to rapidly changing social conditions, and to the preservation of a rich global environment for the next generation. Our mainstay business is coke, focusing on coal and chemical machinery (particle equipment), but we also carry out resource recycling and logistics businesses, etc., taking the first step as the resource and energy company of the 21st Century.

And from now, in addition to further strengthening our mainstay business (coke business), we will continue to select other businesses, accelerate focused measures, reduce debt with interest, and improve our financial characteristics and establish ourselves as a strong entity that is not be effected by the market conditions.

In particular, we have decided to build the CDQ for the 1AB coke furnace at the Kitakyushu Coking Works, our base for coke manufacturing, following the CDQ for the 2AB coke furnace (coke dry quenching /power generating unit) in operation since 2006. In doing so, we will be able to achieve energy savings and even further reduction of CO₂ in our supply of the entire generated electric power supplied to the Nippon Steel Corporation, one of our main shareholders and main customer. Moreover, in our coal business, we are working towards the diversification and stabilization of our coal supply by strengthening our alliance with Sumitomo Corporation, our other main shareholder and main customer. For our chemical machinery (particle equipment) business, we are working towards the strengthening of our technical readiness, as well as taking advantage of expanding sales opportunities rapidly and accurately, and the deep development expansion of the market, including East Asia.

Furthermore, we will once again affirm our business description with our group subsidiaries, effectively and selectively investing in limited management resources, and aiming for further improvement in our achievements and the expansion of operations.

By implementing these measures, our group strives to contribute to the lasting development of human society and the establishment of a better social environment, as a corporate entity with value even in the 21st Century. We hope you expect for the next hundred years as the new "Nippon Coke & Engineering Company, Limited. and will continue to patronize us, ask for your assistance and support".

Yoshichika Nishio
Representative Director, President