November 29, 2002

Matters Approved by Extraordinary Meeting of Shareholders

Japan Nuclear Fuel Limited

An extraordinary meeting of shareholders held today approved the following subjects, JNFL announced. 1. Partial amendment of the articles of incorporation  To change the registered place of head office from Aomori City to Rokkasho-mura village, Kamikita-gun, as of January 1, 2003. 2. Election of one director  To elect Tsunehisa Katsumata, President of Tokyo Electric Power Co., Inc., as a director of JNFL to succeed Naoya Minami who resigned at the end of this extraordinary meeting of shareholders.  After the movement of the head office, the address of the newly registered head office is as follows: 4-108 Aza Okitsuke, Oaza Obuchi, Rokkasho-mura village, Kamikita-gun, Aomori Prefecture.