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                      | HITACHI HOME | UP | SEARCH | HITACHI

                      News Release

                      December 24, 1998

                      Hitachi Announces Changes to Top Management

                      Hitachi, Ltd. (NYSE:HIT) today announced the appointment of a new chairman and 
                      president, effective April 1, 1999.  The company will also establish a new position of 
                      vice-chairman after an amendment to the Articles of Incorporation to be proposed at the 
                      Ordinary General Meeting of Shareholders in June 1999.
                      
                      * Current position in parentheses.
                      Effective April 1, 1999
                           New Chairman and Representative Director 
                      		Tsutomu Kanai (President and Representative Director)
                           New President and Representative Director
                      		Etsuhiko Shoyama (Executive Vice-President and Representative
                                      Director)
                           New Chairman Emeritus
                      		Katsushige Mita (Chairman and Representative Director)
                      Effective June 1999
                           New Vice-Chairman and Representative Director
                      		Hiroshi Kuwahara (Executive Vice-President and Representative 
                                      Director)
                      
                      Dr. Tsutomu Kanai, 69, has been President and Representative Director of Hitachi, Ltd. 
                      since June 1991.  He joined Hitachi in 1958 and served in the Central Research 
                      Laboratory, developing nuclear reactors.  In 1985, Dr. Kanai was elected Executive 
                      Managing Director and Group Executive of the Power Group. He assumed the position 
                      of Senior Executive Managing Director in 1987 and the positions of Executive Vice- 
                      President and Director in 1989.  Dr. Kanai received his B.S., M.S. and Ph. D. in 
                      Mechanical Engineering from the University of Tokyo. 
                      
                      During his tenure as president, Dr. Kanai accelerated the implementation of market-
                      oriented management by emphasizing customer satisfaction.  He has expanded 
                      Hitachi's international operations by significantly increasing overseas sales, off-shore 
                      production and international procurement.  Most recently, Dr. Kanai has been taking a 
                      strong leadership role to implement drastic management reforms and reduce costs.
                      
                      Mr. Etsuhiko Shoyama, 62, has been Executive Vice-President and Representative 
                      Director of Hitachi, Ltd. since 1997.  His current responsibilities cover the Consumer 
                      Products Group, multimedia products operations, investment planning, production 
                      engineering, quality assurance, environmental issues and procurement.  He joined 
                      Hitachi in 1959 and started his career at the Hitachi Works as a power plant engineer.  
                      He was elected Board Director and General Manager of the Consumer Electronics 
                      Division in 1991.  He assumed the position of Executive Managing Director in 1993 
                      and Senior Executive Managing Director in 1995.  He graduated from the Tokyo 
                      Institute of Technology, Department of Electrical & Electric Engineering, in 1959.
                      
                      Since his assignment to the consumer products business, he has been restructuring 
                      operations aggressively, which has included a realignment of audiovisual product 
                      operations and a merger between Hitachi Sales Corporation and Hitachi, Ltd. in April 
                      1995.  Through the restructuring effort and launches of various new competitive 
                      products, he moved the consumer products business back into profitability in 1997.  
                      Mr. Shoyama has also expanded the fast-growing multimedia business, such as by the 
                      introduction of DVD products.  Most recently, he has been pursuing further 
                      restructuring of consumer product operations as well as actively participating in overall 
                      management reforms.
                      
                      Mr. Hiroshi Kuwahara, 63, has been Executive Vice-President and Representative 
                      Director of Hitachi, Ltd. since 1995.  His current responsibilities cover the Information 
                      Systems Group, Electronics Components Group, Space Systems Division and Business 
                      Development Office.  He joined Hitachi in 1960 at the Kokubu Works and contributed 
                      to the development of industrial computer systems.  He was elected Board Director 
                      and Group Executive of the Industrial Processes Group in 1989.  He assumed the 
                      position of Executive Managing Director in 1991 and Senior Executive Managing 
                      Director in 1993.  He received his B.S. in Electrical Engineering from the University 
                      of Tokyo in 1960.
                      
                      Hitachi, Ltd., headquartered in Tokyo, Japan, is one of the world's leading global 
                      electronics companies, with fiscal 1997 (ended March 31, 1998) consolidated sales of 
                      8,417 billion yen ($63.8 billion*).  The company manufactures and markets a wide 
                      range of products, including computers, semiconductors, consumer products and power 
                      and industrial equipment. For more information on Hitachi, Ltd., please visit Hitachi's 
                      Web site at http://www.hitachi.co.jp.
                      *At an exchange rate of 132 yen to the U.S. dollar.
                      
                      
                      


                      WRITTEN BY Secretary's Office
                      All Rights Reserved, Copyright (C) 1998, Hitachi, Ltd.

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