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Komatsu to Make Equity Participation in Peruvian Distributor

Jan. 8, 2009


Mitsui & Co., Ltd.
Komatsu Ltd.


Main Contents

Pursuant to an agreement between Komatsu Ltd. (President & CEO: Kunio Noji) ("Komatsu") and Mitsui & Co., Ltd. (President & CEO: Shoei Utsuda) ("Mitsui"), Komatsu through its wholly owned subsidiary, Komatsu America Corp. ("KAC") has taken a 40% equity participation in Mitsui Maquinarias Peru S.A. ("MMP"), a wholly owned subsidiary of Mitsui and a Komatsu distributor in Peru, in the form of third-party allotment. MMP will change its name to Komatsu Mitsui Maquinarias Peru S.A. ("KMMP").

In Peru with rich natural resources, the construction and mining equipment market should continue to grow into the future. While KMMP has been steadily increasing its sales and market share, through this equity participation by Komatsu, KMMP is better positioned to enhance its marketing and product support capabilities in the mining equipment business and further expand its business there.

Outline of KMMP

Company name Komatsu Mitsui Maquinarias Peru S.A.
Established August, 1996
Head office Av. Nicolás Ayllón 2648, Ate - Lima - Perú
Representative Eduardo Razetto Armestar
Capital Pen 67 mil.
Shareholders Mitsui 60%, KAC 40%
Sales Pen 351mil.(around10.5bil yen, Fiscal year ended December 31, 2007)
Main businesses Sales and rental of construction and mining equipment
Employees 808 (As of September 30, 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.
Corporate Communications Division
Telephone: +81-3-3285-7562
Facsimile: +81-3-3285-9819
Komatsu Ltd.
Corporate Communications Dept.
Telephone: +81-3-5561-2616
Facsimile: +81-3-3505-9662