HITACHI LIMITED
			Symbol			HIT

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Notice Concerning Capital Injection Changes for the NEC Electronics and Renesas Business Integration

2009-11-09 02:35 ET - News Release

KAWASAKI, Japan & TOKYO -- (Business Wire)

NEC Electronics Corporation (NEC Electronics; TSE: 6723), Renesas Technology Corp. (Renesas), NEC Corporation (NEC; TSE: 6701), Hitachi, Ltd. (Hitachi; TSE: 6501 / NYSE: HIT), and Mitsubishi Electric Corporation (Mitsubishi Electric; TSE: 6503) today announced changes concerning the capital injection listed in its September 16, 2009 press release entitled “NEC Electronics and Renesas Reach a Definitive Agreement on Business Integration.”

1. Reason for the Changes

In accordance with the plan to integrate business operations at NEC Electronics and Renesas (the “Business Integration”), the five companies announced on September 16 that Renesas will issue shares of Renesas common stock to Hitachi and Mitsubishi Electric, the sole shareholders of Renesas, before the effective date of the Business Integration (the “Pre-merger Capital Injection”). In addition, after the scheduled date of the Business Integration, April 1, 2010, the new integrated company after the Business Integration (the “Integrated Company”) will issue shares of its common stock to NEC, Hitachi and Mitsubishi Electric (the “Post-merger Capital Injection”).

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