RNS Number:4610U
Mitsubishi Corporation
21 January 2004

                                                                January 21, 2004


News Release

Press Release


We are pleased to announce that the following changes of officers, effective as
of April 1, 2004, were resolved at the Meeting of the Board of Directors held
today.

1.        Mr. Minoru Makihara will become Senior Corporate Advisor.

2.        Mr. Mikio Sasaki will become Chairman of the Board of Directors,
          succeeding Mr. Minoru Makihara.

3.        Mr. Yorihiko Kojima, currently Senior Executive Vice President, will
          become President, Chief Executive Officer of Mitsubishi Corporation, 
          succeeding Mr. Mikio Sasaki.


                                                                January 21, 2004

Name:             Mikio Sasaki

Occupation:       Member of the Board, President, Chief Executive Officer,
                  Mitsubishi Corporation

Date of Birth:    October 8, 1937

Education:        B.S. Industrial Engineering & Management, Waseda
                  University,       Tokyo, Japan, 1960

Business Career:

April 1960        Joined Mitsubishi Corporation (Machinery Department),
                  Tokyo, Japan

March 1966        Mitsubishi International G. m. b. H. Duesseldorf, West
                  Germany

November 1966     Mitsubishi Corporation, London Branch

November 1971     Mitsubishi Corporation, Tokyo (Heavy Machinery Department)

November 1977     Mitsubishi International Corporation, Iran, Ltd. Teheran, Iran

September 1979    President, Mitsubishi International Corporation, Iran, Ltd.

June 1981         Mitsubishi Corporation, Tokyo (Heavy Machinery Department)

February 1985     General Manager, Heavy Machinery Department

July 1989         General Manager, Ship & Plant Division

March 1991        Executive Vice President, Mitsubishi International 
                  Corporation, New York, U.S.A.

June 1992         Director, Mitsubishi Corporation
                  Executive Vice President, Mitsubishi International
                  Corporation

April 1993        President, CEO, Mitsubishi International Corporation

June 1994         Managing Director, Mitsubishi Corporation
                  President, CEO, Mitsubishi International Corporation

June 1995         Managing Director, Administration, Mitsubishi Corporation,

April 1998        Member of the Board, President, Chief Executive Officer,
                  Mitsubishi Corporation, Tokyo, Japan


                                                                January 21, 2004

Name:             Yorihiko Kojima

Occupation:       Member of the Board, Senior Executive Vice President,
                  Mitsubishi Corporation

Date of Birth:    October 15, 1941

Education:        B.S. Engineering, Tokyo University, Tokyo, Japan, 1965
                  Business Career:

May 1965          Joined Mitsubishi Corporation (Heavy Machinery Department),
                  Tokyo, Japan

September 1977    Mitsubishi Corporation Staff Union

December 1978     Olayan Saudi Holdings Co., Ltd., Saudi Arabia

December 1980     Mitsubishi Corporation, Tokyo (Heavy Machinery Department)

October 1985      Mitsubishi International Corporation, New York, U.S.A.

June 1992         General Manager, Corporate Planning Office,
                  Mitsubishi Corporation, Tokyo

June 1995         Director, Mitsubishi Corporation

February 1996     Director, Coordination, Mitsubishi Corporation

April 1997        Managing Director, Coordination, Mitsubishi Corporation

April 1998        Managing Director, Administration, Mitsubishi Corporation

April 2000        Managing Director, Group Chief Executive Officer,
                  New Business Initiative Group, Mitsubishi Corporation

April 2001        Executive Vice President, Group Chief Executive Officer,
                  New Business Initiative Group, Mitsubishi Corporation

June 2001         Member of the Board, Senior Executive Vice President,
                  Group Chief Executive Officer, New Business
                  Initiative Group, Mitsubishi Corporation, Tokyo, Japan




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