Mitsubishi Heavy Industries and Hitachi Conclude Definitive Agreement on Business Integration in the Thermal Power Generation Systems Field

Tokyo, June 11, 2013 --- Mitsubishi Heavy Industries, Ltd. (TSE: 7011, "MHI") and Hitachi, Ltd. (TSE: 6501, "Hitachi") today announced that they have signed a basic integration agreement and a joint venture agreement in relation to the business integration centered on the thermal power generation systems (the "Definitive Agreements").