kuraray

News Releases 2006

Notice Concerning Change of Representative Director

March 23, 2006
Kuraray Co., Ltd.

Kuraray announced today a resolution concerning a change of directors. Details are as follows.

1. Reason for change

Kuraray intends to rejuvenate its personnel structure upon the inaugural year of the new GS-21 Medium-Term Business Plan.

2. Name and background of new representative director

New position Representative Senior Managing Director, Senior Executive Officer
Name Junsuke Tanaka
Date of birth September 17, 1944
Education March, 1969 Osaka University (M.S. in Basic Chemicals)
Brief History
  1. April 1969 Entered Kuraray Co., Ltd.
  2. June 1990 Manager, PE Project Group, Chemical Division I
  3. June 1995 Manager, Business Administrative Planning Office
  4. June 1996 General Manager, Office of Administration, Chemicals Operation Administration I
  5. June 1999 General Manager, EVAL Division
  6. June 2000 Director
  7. April 2003 Responsible for Poval Company and Eval Company
  8. June 2003 Managing Director
  9. April 2004 Responsible for Poval Company, Eval Company and Methacrylate Company
  10. April 2005 Responsible for Specialty Resin and Film Sector (Current position)
  11. June 2005 Managing Director, Senior Executive Officer (Current position)
Scheduled to assume office June 28, 2006, the scheduled day of the annual general meeting of shareholders.

3. Name and information of retiring director

Current position Representative Director and Chairman
Name Hiroto Matsuo
Date of birth October 6, 1935
Scheduled retirement June 28, 2006, the scheduled day of the annual general meeting of shareholders.