NIKKEI BP

Nikkei BP Personnel Changes - Vice President Hirata Accedes to Presidency; President Oteru Becomes Chairman

Tokyo - February 21, 2008 - Nikkei Business Publications (President & CEO: Seiichi Oteru; Tokyo) made on February 20 unofficial decisions on personnel changes. President and CEO Seiichi Oteru will become chairman while Executive Vice President Yasuo Hirata will succeed to the presidency. Yukoh Kawamura will retire from the position of chairman. The personnel reshuffles are expected to be officially approved by the general shareholders’ meeting on March 27 and the subsequent board meeting.

Yasuo Hirata – Biography

Born in 1945 in Saga Prefecture, he entered Nikkei Shimbun in 1969 upon graduation from Waseda University. After holding prominent positions in the Tokyo and Osaka Headquarters, he joined Nikkei BP in 2007 as Executive Vice President.

Personnel Changes (Board Members)

Effective March 27, 2008

· Chairman: Seiichi Oteru

· President / Editorial and Circulation: Yasuo Hirata

· Executive Managing Director / Personnel, Labor, and Corporate Management: Minoru Akiyoshi

· Executive Managing Director / Management Information / Business Group Publisher: Toshiyuki Obama

· Executive Managing Director / Business Development and International Relations: Tatsuo Ito

· Executive Managing Director / Corporate Planning and General Affairs: Hiroshi Wada

· Executive Managing Director / Technology Information / Healthcare Group Publisher: Yoshiyuki Furusawa

· Managing Director / Accounting and Group Company Operations: Katsunori Kajihara

· Managing Director / Assistant Officer, Editorial / Business Group Chief Editor: Katsuyoshi Kondo

· Auditor: Ko Okumura

· Auditor: Kiyoshi Otani

· Auditor: Tetsuya Shimbo

Chairman Yukoh Kawamura will become Special Advisor upon retirement, and Managing Director Koichiro Sakai will move to Nikkei Shimbun to take up the post of Operating Officer. Auditor Kiyoshi Mamizu and Auditor Yoichi Yazawa will retire from the post.　

For further details, please contact:

International Office

Phone: +813-6811-8502

Fax: +813-5421-9058

http://www.nikkeibp.com

Email: info@nikkeibp.com

This press release may contain forward-looking statements that reflect the company's current views with respect to future events and business performance. Those forward-looking statements are subject to certain risks and uncertainties and the company's actual results could differ materially from those discussed in the forward-looking statements. These risks and uncertainties include, among other factors, general business and economic conditions, rapid or unexpected changes in technologies, cancellation or delay of customer orders.

About NikkeiBP

Nikkei Business Publications is part of the Nihon Keizai Shimbun group, the world's largest group of companies providing mainly business and financial information for most Japan's decision makers. Covering a wide variety of specialized areas including business, computer, electronics, construction, services and medicine, Nikkei Business Publications is the number one business publisher in Japan. As of December 7, we publish 39 magazines and 3 newsletters, reaching a combined total readership of over 2.3 million.

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