JAPAN NUCLEAR FUEL LIMITED

May 31 2000

Press Release Concerning JNFL Executive Personnel Changes

Japan Nuclear Fuel Limited

JNFL announced that the following executive personnel changes will be submitted for approval at the stockholders' general meeting to be held on 30 June.

I. Director Nominees

Seiichiro Isobe

Executive Director, Plant Manager of Genkai Nuclear Power Station, Kyushu Electric Power Company

Shingo Matsuoka

Director & General Manager, Safety Technology Department, Japan Nuclear Fuel Limited

Katsuhiko Yamazaki

Senior General Manager, General Manager of Plant Siting & Environment Department, Chubu Electric Power Company

Junichi Yamaji

Executive Director, Japan Science and Technology Corporation

Morihiro Yoneda

Director & General manager, Marketing Department, Japan Nuclear Fuel Limited

<Part-Time>

Hideo Minamiyama

President & Director, Hokkaido Electric Power Company



II. Corporate Auditor Nominees

Nobuyuki Masuda

Board of Directors, Mitsubishi Heavy Industries Ltd.

<Part-Time>

Taizo Nishimuro

President & Chief Executive Officer, Toshiba Corporation



III. Outgoing Directors

Yukinobu Takaoka

Senior Managing Director

Hiroshi Yamashita

Senior Managing Director

Masami Hayashi

Director

Hiromoto Iio

Director (part-time)

Seiji Izumi

Director (part-time)



IV. Outgoing Auditors

Youtaro Iida

Corporate Auditor (part-time)

Fumio Sato

Corporate Auditor (part-time)


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