Concerning Media Report of Investment by MHI in an AREVA Subsidiary

Mitsubishi Heavy Industries, Ltd.
The September 22 morning edition of The Nikkei (The Nihon Keizai Shimbun) reported that the French nuclear power plant provider AREVA and Électricité de France S.A. (EDF), a French utility that supports AREVA, have jointly requested Mitsubishi Heavy Industries, Ltd. (MHI) to invest in AREVA NP, an AREVA subsidiary undertaking manufacture of nuclear reactors. MHI itself, however, has issued no announcement as regards the contents being reported.

Although MHI is in fact in discussions with AREVA and EDF concerning the possibility of investing in AREVA NP, to date no decision on the matter has been made. If and when a decision in this regard is made that should be disclosed, we will issue an announcement of the pertinent facts without delay.