News Release



Management Change Announcement


Fuji Oil Co., Ltd. announced the following new appointments decided at the special board meeting held on February 28, 2007.

Director to be elected on April 1, 2007

Vice President Hirokuni Kawabe (currently Managing Director)

Management change

(1) Personnel to be promoted on April 1, 2007

Senior Managing Director Hiroyuki Mori (currently Managing Director)
Managing Director Toshimasa Yamanaka (currently Director)

(2) Personnel to be newly appointed on June 22, 2007 (scheduled)

Director Osamu Nakamura (currently Executive Officer)
Director Makoto Kobayashi (currently Executive Officer)
Director Hirokazu Maeda (currently Executive Officer)
Statutory Auditor Reiji Iwasaki (currently Executive Officer)

(3) Personnel retiring on June 22, 2007 (scheduled)

Retirement Yukihiro Ninomiya (currently Senior Managing Director)
Retirement from Director/Newly appointed as Standing Advisor
  Shizuo Obata (currently Senior Managing Director)
Retirement Masayuki Yamaguchi (currently Statutory Auditor)

End of report