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Komatsu Announces Appointments of Members of the International Advisory Board


Since the establishment of the International Advisory Board (IAB) in 1995, Komatsu Ltd. (President & CEO: Kunio Noji) has received independent advice and suggestions from experts concerning how Komatsu can improve its management and corporate activities as a global company. The IAB meets with members of Komatsufs top management twice a year to discuss relevant issues and to exchange views. Since its establishment, the IAB has met a total of 23 times. Komatsu has appointed the following new members to the IAB. The fifth session of the IAB will begin in January 2008.

As of June 22, 2007, a new management team was formed to lead Komatsu, Komatsufs management intends to continue to give careful consideration to the objective recommendations and suggestions of the IAB members who together have a wealth of knowledge and experiences in regard to global business. Komatsufs management believes this will further improve management efficiency and will strengthen corporate governance, thereby enhancing Komatsufs corporate value.

Members of the Fifth IAB Session

Mr. Yukio Okamoto
Specialist of International Affairs and President of Okamoto Associates, Inc.
Special Advisor to Prime Minister Ryutaro Hashimoto on Okinawan affairs (1996 - 1998)
Special Advisor to Prime Minister Junichiro Koizumi on Iraqi affairs (2003 - 2004)

Dr. Lawrence J. Lau
Vice Chancellor and President, and Ralph and Claire Landau Professor of Economics, The Chinese University of Hong Kong
Kwoh-Ting Li Professor in Economic Development, Emeritus, Stanford University

Dr. Juergen M. Geissinger
President and CEO of INA-Holding Schaeffler KG

Mr. Travis Engen
Former President and CEO of Alcan Inc. (2001 - 2006)
Ex Chairman and CEO of ITT Industries, Inc. (1995 - 2001)

Outline of the IAB

1. Purpose
To contribute objective advice and suggestions concerning the groupwide and global enterprise activities of Komatsu Ltd.
- Global enterprise strategies of Komatsu and Group companies
- Social, economic and political situations as well as international bilateral and multilateral trade problems, etc.
- Corporate governance and stakeholder relations, etc.

2. Structure
Four Board members (advisors) for a 3-year term of office

3. Meetings
Twice a year


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