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Mitsui to integrate 3 plastics and chemical products sales subsidiaries

Nov. 16, 2007


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Mitsui & Co., Ltd. ("Mitsui") announced today that it has decided to consolidate its 3 existing wholly-owned sales subsidiaries for plastics and chemical products; Mitsui Bussan Plastics Co., Ltd., Mitsui Bussan Plastics Kansai Co. Ltd., and Nippon Trading Co., Ltd. to form a new subsidiary company. The new entity is temporarily named Mitsui Bussan Polymer & Chemicals Co., Ltd. ("MBPC")
MBPC, which is scheduled to be formed on April 1, 2008, will serve as a successful plastics and chemical products sales company with competitive cost structure and an improved efficiency.
MBPC will be involved in trading, marketing and distribution of plastics and chemical products mainly on Japanese domestic market and peripheral Asian markets.

Mitsui Bussan Polymer & Chemicals Co. Ltd. (MBPC)

Registered Office Chuo-ku, Tokyo (Relocation is planned by October, 2008)
Paid-in capital ¥1.47 billion
Ownership Mitsui's wholly-owned subsidiary
Employees 514
Sales ¥2 billion (projected for FY2008)
CEO To be decided in January, 2008

Notice:
This press release includes forward-looking statements about Mitsui. These forward-looking statements are based on the current assumptions and beliefs of Mitsui in light of the information currently available to it, and involve known and unknown risks, uncertainties and other factors. Such risks, uncertainties and other factors may cause Mitsui's actual results, performance, achievements or financial position to be materially different from any future results, performance, achievements or financial position expressed or implied by these forward-looking statements. The risks, uncertainties and other factors referred to above include, but are not limited to, those contained in Mitsui's latest annual report on Form 20-F, which has been filed with the U.S. Securities and Exchange Commission.
This press release is published in order to publicly announce specific facts stated above, and does not constitute a solicitation of investments or any similar act inside or outside of Japan, regarding the shares, bonds or other securities issued by us.

Information

For inquiries on this matter, please contact

Mitsui & Co., Ltd.
Investor Relations Division
Telephone: +81-3-3285-7910
Facsimile: +81-3-3285-9819
infoTKADZ@mitsui.com
Mitsui & Co., Ltd.
Corporate Communications Division
Telephone: +81-3-3285-7564
Facsimile: +81-3-3285-9819