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New Year Message from CEO

January 4, 2007

Aggressively Pursuing the “Only One” and “Number One” Products and Technologies

Kyohei Takahashi
President and CEO

In 2007, the second year of the growth-oriented Passion Project, the Showa Denko Group aims to achieve still higher goals in profit and free cash flow. At the same time, we will strive to develop new “growth driver” businesses, including ultra bright LEDs and carbon nanofibers, to follow in the footsteps of the hard disk media business. Thus, we will shift into high gear to accelerate growth and accomplish the goals under the Passion Project.

We have so far created unique and individualized products and technologies through interconnections of inorganic/organic chemical technologies and aluminum fabricating technologies, as well as through innovative business models. In the Showa Denko Group’s management policy for 2007, I am calling on each member of the Group to focus on developing the “only one” and “number one” products and technologies. We must work together with Passion for Change to strengthen our competitive position and enhance the value of the Group.

To that end, it is essential that everyone in the Group passionately tackles his/her challenges, living the Showa Denko Group values of “Five Cs,” namely, challenge, commitment, collaboration, completion and contribution. By doing so, we will better serve the interests of all our stakeholders and contribute to the sound growth of international society.

For further information, contact:
IR & PR Office (Phone: 81-3-5470-3235)