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Nikkei BP names Yukoh Kawamura President & CEO

Tokyo -- February 22, 2002 -- Nikkei Business Publications announced today the appointment of Yukoh Kawamura to the position of President & Chief Executive Officer. This appointment will take effect on March 28.

"The Japanese economy is facing a very difficult situation and so is its publishing industry. We are no doubt in a time of change. But a time of change is also a time to make new challenges. Our 600 plus staff writers who have extensive experience and credentials in their fields as well as our reputation as provider of strong advertising opportunities will surely enable us to cope with any changes and continue to thrive as the largest and most trusted source of business and technology news in Japan," said Kawamura.

Kawamura graduated from Waseda University in 1962 with a bachelor's degree in politics. He joined Nihon Keizai Shimbun in 1962 as an economic journalist where he was first assigned to the Capital Market & Corporate News Department. During his career at Nihon Keizai Shimbun, Kawamura experienced various posts including New York Correspondent and Editor of The Nikkei Industrial Daily (now named The Nikkei Business Daily).

In 1998, Kawamura came to Nikkei BP as Senior Executive Managing Director to oversee editorial matters, book publishing, public relations and the Business Group. He became Executive Vice President in 2000 in charge of editorial matters, book publishing, public relations and events business.

From 1984 to 1988, Kawamura served as Editor-in-Chief of Nikkei Business, the flagship general business magazine of Nikkei BP. As Editor-in-Chief, he introduced many unique concepts and theories to the Japanese business world such as the life cycle of a company being thirty years.

Hisao Yoshimura, the current President & CEO, will become Chairman also as of March 28.

Herewith is the list of the Nikkei BP Board of Directors to come into office as of March 28. (Outside directors to be announced at a later date.)

[Board of Directors]
Chairman
Hisao Yoshimura

President & CEO
Yukoh Kawamura

Executive Vice President
Seiichi Oteru

Senior Executive Managing Directors
Norimichi Okai
Masaaki Sato

Executive Managing Directors
Hirohisa Hayashi
Zenichiro Tanaka
Hitoshi Sawai
Minoru Matsuzaki
Katsuhiko Hirano
Yoshihiko Shimada
Hitoko Takeda
Tamio Ohta

Managing Directors
Takuzo Niwa
Shoji Tanabe
Yasuo Harada
Kiyoshi Otani
Yoshiharu Kamiuchi
Kazuhiko Tabira
Katsuro Miyajima
Kazuo Kuniya

For further details, please contact:
International Office
phone: +813-5210-8502
fax: +813-5210-8119
http://www.nikkeibp.com
e-mail: info@nikkeibp.com

• COMPANY NEWS ARCHIVE (January 2002 ~ )

This press release may contain forward-looking statements which reflect the company's current views with respect to future events and business performance. These 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 of 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 February 22, we publish 42 magazines and 3 newsletters, reaching a combined total readership of over 2.8 million.