JAPAN NUCLEAR FUEL LIMITED

June 29 1998

Press Release Concerning JNFL Executive Personnel Changes

Japan Nuclear Fuel Limited

JNFL announced that the following executive personnel changes were approved at the 19th stockholders' general meeting and the 118th board of directors meeting held today.

I. Newly Appointed Directors

Managing Director

Kensuke Fueki

Managing Director

Yoshihisa Hagawa

Director

Yasuhito  Shirasaka

Director

Akimichi Tani

Director

Hiromoto Iio
(Former Executive Vice President of Japan Nuclear Fuel Limited)

Standing Corporate Auditor

Kenji Kanayama

II. Outgoing Directors

Executive Vice President

Shirou Sasaki

Managing Director

Shouhachi Itou

Director

Masayoshi Omae

Director

Kou Komura

Director

Takashi Tsuyuki

Director

Hiroshi Ootera

Director

Kouzou Umemoto

Standing Corporate Auditor

Isao Kitagawa

Directory of Executives

I. Executives

Title

Name

Work Responsibility

Chairman

Hiroshi Araki

(Chairman of Federation of Electric Power Companies, President of Tokyo Electric Power company)

President

Tetsuo Takeuchi

Executive Vice President

Shirou Tanuma

Overall Operation

Executive Vice President

Shirou Mino

Overall Operation

Senior Managing Director

Yukinobu Takaoka

Technical Development, Collecting and Researching of Domestic and International Information

Senior Managing Director

Takashi Akutsu

Legal Affairs Office, Collecting and Researching of Domestic and International Information

Senior Managing Director

Manabu Negishi

Reprocessing Plant Construction Dept. Civil & Architectural Engineering Dept. Safeguards Dept.

Senior Managing Director

Masashi Sasaki

General Affairs Dept. Personnel Dept. Materials & Purchasing Dept.

Senior Managing Director

Toshio Inomata

General Manager of Rokkasho Administration

Managing Director

Hiroshi Yamashita

Low Level Waste Managing Dept. Radiological Safety Dept.

Managing Director

Kenichi Matsumoto

Preparation Office for Reprocessing Plant Operation, Spent Fuel & Vitrified Waste Managing Dept.

Managing Director

Shouzou Koyama

Accounting & Finance Dept.

Managing Director

Kiyoshi Tamai

General Manager of Enrichment & Disposal Office

Managing Director

Mitsuo Suzuki

Planning Dept. Marketing Dept.

Director

Kensuke Fueki

Uranium Enrichment Dept. Safety Technology Dept.

Director

Yoshihisa Hagawa

Plant Siting & Public Relations Dept.

Director

Rokurou Satou

Deputy General Manager of Rokkasho Administration and Safety Staff

Director

Takahiko Ohno

General Manager of Uranium Enrichment Dept.

Director

Hiroyoshi Hamada

General Manager of Reprocessing Plant Construction Dept.

Director

Masami Hayashi

Director for Fuel Research

Director

Yoshio Hirata

General Manager of Reprocessing Office

Director

Hideo Yakabe

General Manager of Plant Siting & Public Relations Dept.

Director

Norio Higuchi

Superintendent of Low-Level Radioactive Waste Disposal Centre, Enrichment & Disposal Office and General Manager of Plant Construction Dept.

Director

Yasuhito Shirasaka

General Manager of Civil & Architectural Engineering Dept.

Director

Akimichi Tani

Superintendent of Uranium Enrichment Plant

Director

Hiromoto Iio

(President of Nuclear Fuel Machinery Co,. Ltd.) Uranium Enrichment Business

Director

Seiji Izumi

(President of Hokkaido Electric Power Company)

Director

Toshiaki Yashima

(President of Tohoku Electric Power Company)

Director

Hiroji Ohta

(President of Chubu Electric Power Company)

Director

Keizou Yamada

(President of Hokuriku Electric Power Company)

Director

Yoshihisa Akiyama

(President of Kansai Electric Power Company)

Director

Shitomi Takasu

(President of Chugoku Electric Power Company)

Director

Kouzou Kondou

(President of Shikoku Electric Power Company)

Director

Michisada Kamata

(President of Kyushu Electric Power Company)

Director

Takeshi Abiru

(President of The Japan Atomic Power Company)

II. Corporate Auditors

Title

Name

Work Responsibility

Standing Corporate Auditor

Yoshihiro Yamawaki

Regular basis

Standing Corporate Auditor

Kenji Kanayama

Regular basis

Standing Corporate Auditor

Shuichi Machida

Regular basis

Corporate Auditor

Kisaburou Ikeura

(Counselor of The Industrial Bank of Japan, Ltd. Tokyo)

Corporate Auditor

Yotarou Iida

(Senior Corporate Adviser of Mitsubishi Heavy Industries, Ltd. Tokyo)

Corporate Auditor

Katsushige Mita

(Chairman and Representative Director of Hitachi, Ltd.)

Corporate Auditor

Fumio Satou

(Chairman of the Board of Toshiba Corporation)


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