October 10, 2006 No.1141

MHI Receives Italian Order For Tandem Perfector and Commercial Web Offset Presses - High Quality and Economic Efficiency in Printing Acclaimed -

Tokyo, October 10, 2006 - Mitsubishi Heavy Industries, Ltd. (MHI) has received a comprehensive order from Graphicscalve s.r.l., a major printing company in Northern Italy, for one Diamond 3000TP-12 (12-color Tandem Perfector), a sheet-fed offset press that enables one-pass printing of the front and reverse sides of a sheet, and one Diamond 16 MAX, a shaftless 16-page commercial web offset press. The event marks the world's first order for the 12-color TP and the first Italian order for MAX series machines. Both presses are slated for delivery in April 2007 and will go on-stream in July.

Diamond 3000TP sheet-fed offset press To the following photograph     Graphicscalve is located in the foothills of the Alps approximately 100 kilometers northeast of Milan, Italy's second-largest city. The company mainly handles printing of quality magazines and advertising leaflets and flyers primarily for customers throughout the northern Italy region. MHI previously delivered two sheet-fed offset presses and one commercial web offset press to the company. The Diamond 3000TP-12 is the only press in the industry that enables one-pass printing of both sides without tumbling the sheet after fully printing one side. For jobs calling for double-sided printing, perfecting presses enable higher productivity compared with single-side printing presses. The former are capable of shortening print delivery time to one-third since they do not require time for drying one side of the sheet - which normally takes from half to one day - before the other side can be printed. Since their introduction in 2002, MHI's TP presses have been acclaimed for the aforementioned features that precisely meet customers' printing needs, and to date MHI has received orders for more than 100 TP units in aggregate, of which about 70% are from overseas. The Diamond 3000TP-12 on order represents the high end of the TP series, enabling 12-color printing (6 colors each on the front and reverse sides). The order also marks a world first for a 12-color TP press. The Diamond 16 MAX is Japan's first shaftless drive web offset press. It achieves outstanding efficiency through intensive pursuit of reduction of waste paper and shortening of makeready time. The Diamond 16 MAX offers flexibility to accommodate diverse printing requirements, from small to large volumes, all with one machine. MHI believes the latest order was awarded to the company due to the high evaluation of these machines by Graphicscalve, which is currently pursuing higher quality and economic efficiency in printing. On the strength of the excellent productivity and print quality of the company's printing machines, MHI aims to further accelerate its marketing activities in the U.S and Europe, as well as in the rapidly growing China and other Asian markets. # # # 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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