JNFL appointed Director Makoto Yagi to the position of Chairman at the 232^nd Board of Directors Meeting held today. Also, following new Executives were assigned and they will be approved at the General Meeting of Shareholders to be held on June 30.

1. Newly appointed director candidates
(1) Director candidates (in Japanese alphabetical order)

Name	Current Positions Held
Junichi Ishihara	Executive Officer and Director of Nuclear Power, Power Generation Division, Chubu Electric Power Co., Inc.
Daiichiro Oguri	Director and Manager of Development and Engineering Dept., Radioactive Waste Disposal Business Division , JNFL
Kazuo Sakai	Executive Officer, Director of Nuclear Fuel Cycle Office, and Vice Chief Nuclear Officer, Kansai Electric Power Co., Inc.
Takayuki Magari	Executive Officer, Vice Chief Nuclear Officer, and Director of Nuclear Engineering Department, Kansai Electric Power Co., Inc.
Nobuyuki Yoshida	Director and Manager of Planning Dept., Corporate Planning Office, JNFL
Shigeru Yonekawa	Director and Manager of Enrichment Business Division (Uranium Enrichment Plant, Centrifuge Machinery Factory, Uranium Enrichment Research and Development Center), JNFL
Kazunori Watanabe	Vice President, Tohoku Electric Power Co., Inc.
(Non-executive directors)
Tomohide Karita	Vice President, Human Resource Development, Director of Personnel Rating Division, and Manager of Nuclear Improvement Project, Chubu Electric Power Co., Inc.
Toshio Nishizawa	Managing Director, Tokyo Electric Power Company
Yasuo Hamada	Vice President, Planning Office, Nuclear Fuel Cycle Office, Nuclear Maintenance Reformation Promotion Office, Purchase Office, Kansai Electric Power Co., Inc.

(2) Auditor candidate

Name	Current Positions Held
(Non-executive auditor) Takashi Kawamura	Chairperson, Hitachi, Ltd.

2. Retiring members
(1) Directors

Name	Current Positions Held
Yoshio Hirata	Vice President
Teruaki Suzuki	Vice President and Director of Aomori Office
Kouichi Ikeda	Vice President and Director of Preparatory Office for MOX Fuel Fabrication Business & MOX Fuel Fabrication Dept.
Yuichiro Matsuo	Senior Managing Director and Director of Corporate Planning Office
Takeo Oota	Director and Assistant Manager of Reprocessing Plant, Reprocessing Business Division (plant operational skills)
(Non-executive directors)
Masataka Shimizu	Director
Takashi Yamashita	Director
Hiroshi Morimoto	Director

(1) Auditor

Name	Current Positions Held
(Non-executive auditor) Etsuhiko Shoyama	Adviser, Hitachi, Ltd.

3. Newly appointed managing director candidates
The following members are to be appointed to managing directors at the Board of Directors Meeting following the General Meeting of Shareholders.

New title	Name	Current title
Vice President	Kazunori Watanabe	Newly appointed
Vice President	Kazuhiro Matsumura	Senior Managing Director
Vice President	Shigeru Kuwabara	Managing Director
Senior Managing Director	Kenji Kudo	Managing Director
Managing Director	Akio Kawaguchi	Director
Managing Director	Hideaki Murakami	Director
Managing Director	Kiyohito Takakuwa	Director
Managing Director	Harukuni Tanaka	Director
Managing Director	Junichi Ishihara	Newly appointed
Managing Director	Takayuki Magari	Newly appointed