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February 23, 2006 No.1101

MHI and MEMR to Hold Nuclear Power Seminar in Indonesia
Tokyo, February 23, 2006 - On February 23rd, Mitsubishi Heavy Industries, Ltd. (MHI) and the Indonesian Ministry of Energy and Mineral Resources (MEMR) will jointly hold a seminar - "MEMR-MHI Nuclear Seminar for Public Information Towards the Introduction of First NPP into Indonesia" in Jakarta. The seminar aims to exchange information and opinions extensively mainly about nuclear power plant (NPP) introduction plan in Indonesia and MHI's latest nuclear power technologies. Participants will include officials from the Indonesian government involved in matters relating to nuclear power generation as well as representatives from an array of NGOs.

Through roughly two decades, MHI, as the only comprehensive manufacturer of pressurized water reactors (PWR) in Japan, had held seminars jointly with Badan Tenaga Nuklir Nasional (BATAN), Indonesia's national nuclear energy agency, and established close relationship with Indonesia that has been aiming to introduce nuclear power generation. Based on the achievement to date, this year's seminar will be convened in collaboration with MEMR that is responsible for overall energy policy of the country, including nuclear power generation.

Nuclear power plant is an option for power generation in Indonesia. The latest study indicates that the first unit of NPP should be on stream in 2017. This date is subject to many factors including financial viability and technology appropriateness to Indonesian needs and condition, and also public acceptance.

Approximately 150 government officials are slated to attend the seminar, including representatives from both BATAN and Badan Pengawas Tenaga Nuklir (BAPETEN), the Nuclear Energy Regulatory Agency. Presentations on the state of preparations for introducing nuclear power generation to Indonesia, and on the energy situation and current situation surrounding related regulations will be given by Director of Electricity Program Supervision, Directorate General Electricity and Energy Utilization, MEMR, and officials from BATAN and BAPETEN.

From MHI, Mr. Yoshimi Uratani, Managing Director and General Manager of the Nuclear Energy Systems Headquarters, and other colleagues will attend to give presentations on the technological features of its PWR and the company's activities to encourage public acceptance.

Building on the momentum generated by this seminar, going forward MHI will further strengthen its activities to support introduction of nuclear power in Indonesia for the long term energy supply option, in collaboration with local parties involved in nuclear power.

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About Mitsubishi Heavy Industries
Mitsubishi Heavy Industries, Ltd. (MHI), headquartered in Tokyo, Japan, is one of the world's leading heavy machinery manufacturers, with consolidated sales of 2,590 billion yen in fiscal 2004 (year ended March 31, 2005). MHI's diverse lineup of products and services encompasses shipbuilding, steel structures, power plants, chemical plants, steel plants, environmental equipment, industrial and general machinery, aircraft, space rocketry and air-conditioning systems.

For more information, please visit the MHI website (http://www.mhi.co.jp).


PRESS CONTACT:
Hideo Ikuno: h.ikuno@daiya-pr.co.jp
Tel: +813-6716-5277, Fax: +813-6716-5929
Daiya PR (in charge of public relations for Mitsubishi Heavy Industries, Ltd.)
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