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PRESS RELEASE

1 Nov. 2007

Announcing the Establishment of Murata Machinery's new Subsidiary Murata Machinery India Private Limited

Murata Machinery, Ltd. (Kyoto, JAPAN) announces the establishment of its wholly owned subsidiary, MURATA MACHINERY INDIA PRIVATE LIMITED on November 1st, 2007.

Murata Machinery India will further enhance the operations of market support, installation and follow-up services for its textile machines.

Following the liberalization of trade in India in 1991, Murata Machinery has had a strong presence in India through the supply of its machinery and technology. Murata has witnessed a dramatic growth of the sales of its textile machinery - Having increased more than ten-fold over the past five years, and comprising nearly 25% of the global sales of the textile machinery division of Murata Machinery in 2007.

Murata Machinery has always acknowledged the importance of the Indian textile industry, and its responsibility to provide reliable and high quality service and support to its customers.

This has motivated Murata Machinery Japan to fully fund the establishment of Murata Machinery India as a new umbrella company for the Indian market.

Murata Machinery looks forward to redefine its long standing relationship with the Indian textile industry through innovative technologies and high quality services, and to partner the extraordinary growth of the industry.

The bases of operation (Mumbai, Coimbatore, and Delhi) of Murata Machinery India will continue to provide high quality customer satisfaction, and deliver products and services matching the needs of its customers, and cultivate the MURATEC brand within the Indian textile machinery market to reach new heights in customer satisfaction.

Outline of Murata Machinery India Private Limited

Company Name MURATA MACHINERY INDIA PRIVATE LIMITED
Registered Office New Delhi, Delhi
Mumbai, Maharashtra.
Coimbatore, Tamil Nadu.
Board of Directors Chairman, Daisuke Murata (President, Murata Machinery, Ltd.)
President & CEO, Hidetoshi Kimura (Managing Director, Murata Machinery, Ltd.)
COO, Shaleen Sinha
CFO, A. K. Chaudhuri
Director, Daisuke Murata (Senior Managing Director, Murata Machinery, Ltd.)
Employees 45
Business Market support, technical services for textile machinery.
Capital INR 15,000,000 (approx. USD 400,000)
Investment 90%: Murata Machinery, Ltd. / 10%: Murata Parts Sales, Ltd.

Outline of Murata Machinery, Ltd.

Company Name MURATA MACHINERY, LTD.
Headquarters Kyoto, Japan
Murata Machinery, Ltd.
136, Takeda-Mukaishiro-cho, Fushimi-ku, Kyoto, 612-8686, Japan
Representative President & CEO, Daisuke Murata
Established July 15, 1935
Capital 900 million yen
Employees
(as of April 2007)
2,200 [Murata Machinery]
4,900 [Murata Machinery Group in global]
Business Sales and manufacture of textile machinery, machine tools, logistics and automation system, and transport systems for use in clean rooms geared towards the semiconductor and FPD industry, and communication equipment
Sales
(as of April 2007)
127.2 billion yen [Non-consolidated]
156.5 billion yen [Consolidated]
(Breakdown) 36.7% for sales for logistic and automation system, 32.3% for sales for textile machinery, 19.2% for sales for machine tools, 11.4% for communication equipment
R&D center Kyoto (Kyoto, Japan) and Inuyama (Aichi, Japan)
Factory Inuyama (Aichi, Japan), Kaga (Ishikawa, Japan), Oita (Oita, Japan), Ryuo (Shiga, Japan), Minokamo (Gifu, Japan), Shanghai (Shanghai, China)
Branch Office Tokyo and Osaka
Overseas Office Shanghai, Beijing, Guangzhou, Shandong, Xinjiang, Hong Kong (China), Taipei (Taiwan), Ho Chi Minh (Vietnam), Bangkok (Thailand), Istanbul (Turkey), Cairo (Egypt), Dusseldorf (Germany), Bierla (Italy), Charlotte (US), Sao Paulo (Brazil)
URL http://www.muratec.jp

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