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August 11, 2006 No.1130

Notice Regarding Issue of Stock Options for Stock-linked Compensation
Tokyo, August 11, 2006 -- Mitsubishi Heavy Industries, Ltd. (the "Company") hereby gives notice that its Board of Directors decided to grant to its Directors, excluding Outside Directors, and Senior Vice Presidents of the Company stock acquisition rights as stock options in a stock-linked compensation scheme, pursuant to Article 238, Paragraph 1 and 2, and Article 240, Paragraph 1 of the Corporate Law, with an aim to further enhance the motivation and morale of its Directors and Senior Vice Presidents so as to improve the Company's business performance.

For details, please click:
Notice Regarding Issue of Stock Options for Stock-linked Compensation(pdf)

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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 2,792 billion yen in fiscal 2005 (year ended March 31, 2006). MHI's diverse lineup of products and services encompasses shipbuilding, power plants, chemical plants, environmental equipment, steel structures, 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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