About Mitsubishi Heavy Industries, Ltd.

Mitsubishi Heavy Industries, Ltd. (MHI), headquartered in Tokyo, Japan, is one of the world's leading heavy machinery manufacturers. MHI's diverse lineup of products and services encompasses shipbuilding, power systems, nuclear energy systems, machinery & steel structures, aerospace, general machinery & special vehicle, air-conditioning & refrigeration systemsi 1/4OEpaper & printing machinery and machine tool.

For more information, please visit the MHI website (http://www.mhi.co.jp/en/index.html).

SOURCE: Mitsubishi Heavy Industries, Ltd.

Daiya PR 
Hideo Ikuno, +813-6716-5277 
Fax: +813-6716-5929 
h.ikuno@daiya-pr.co.jp

DOWACEN was jointly established by the Vietnam-Japan Friendship Association of Hanoi, the Okinawa-Vietnam Friendship Association and Okinawa-Vietnam Exchange Association Co., Ltd in 1997. It is situated near the Thang Long Industrial Park (TLIP), where many Japanese companies, including MHIVA, have plants. DOWACEN undertakes human resources development, including Japanese language teaching. The center has 36 staff members and can accommodate about 400 students monthly, primarily training local employees working in the TLIP. MHIVA has sponsored its 45 local employees in taking basic Japanese language lessons at DOWACEN in 2008.

The PV power generation system to be donated includes "MHI Tandem" tandem-type PV modules with a total power generation capacity of approximately 10 kilowatts, a power conditioner and module mount bases. As an independent power source, the system is able to provide electricity for four classrooms, for lighting and other usages, during a power outage.

MHI Tandem is a next-generation thin-film PV module having a tandem layer structure consisting of a microcrystalline silicon film on conventional amorphous silicon film. Tandem-type modules are able to absorb a wider solar-spectral range - from ultra-violet to infrared - and generate more electricity than amorphous-only type modules.

Following the ceremony at DOWACEN, Mr. Omiya visited Hanoi University of Technology (HUT), the country's first technology-focused national university, for a signing ceremony relating to MHI's sponsorship of a lecture course and scholarship program. MHIVA employs HUT graduates, and MHI's newest initiatives here stem both from the company's CSR commitment to support Vietnam's effort to boost its level of industrialization and its desire to secure well trained employees in the future.

As a company conducting global operations, MHI places great importance in supporting emerging countries reflecting its CSR action guidelines. After donating the PV power generation system as a symbolic case, going forward MHI will leverage its products and technologies to further enhance its contributions to solving global-level social issues such as environmental protection, educational support, and poverty mitigation.

About Mitsubishi Heavy Industries

Mitsubishi Heavy Industries, Ltd. (TSE: 7011, 'MHI'), headquartered in Tokyo, Japan, is one of the world's leading heavy machinery manufacturers, with consolidated sales of 3,203 billion yen in fiscal 2007 (year ended March 31, 2008). MHI's diverse lineup of products and services encompasses shipbuilding, power plants, chemical plants, environmental equipment, steel structures, industrial and general machinery, aircraft, space rocketry and air-conditioning systems. For more information, please visit the MHI website at www.mhi.co.jp.

Source: Mitsubishi Heavy Industries

Contact:

Mitsubishi Heavy Industries
Hideo Ikuno
h.ikuno@daiya-pr.co.jp
+81-3-6716-5277

MHIVA, capitalized at US$7 million, was established in December 2007 as a wholly owned subsidiary of MHI to assemble commercial aircraft component structures. After completion of its plant at the Thang Long Industrial Park (TLIP) approximately 16 kilometers northwest of central Hanoi, MHIVA has been preparing for production since June. The production plant launched with 50 employees, with progressive increases to keep pace with business expansion. Local employees recruited in Vietnam underwent an 11-month training program concerning aircraft component production at MHI's Nagoya Aerospace Systems Works in Japan to master the assembly work for the 737 flaps.

The production plant, which occupies 4,500 square meters (m2) in floor area within the 19,100 m2 plant premises, will assemble flaps for the Boeing Next-Generation 737. MHI is also mulling to expand the scope of MHIVA's component production operation to include other Boeing commercial airplanes. Initially, the flaps for the 737 will be shipped to MHI's Nagoya Aerospace Systems Works for painting and final inspection, and then delivered to the U.S. Once production gathers momentum, MHIVA will deliver the flaps to the U.S. directly.

Flaps are hinged surfaces on the trailing edge of an airplane's wings that serve to enhance the aircraft's lift force. The increased lift generated by the flaps provides complementary lift at slow speeds during takeoff and landing and allows the aircraft to obtain sufficient lift to prevent stalling.

The 737 family is Boeing's best-selling commercial airplane, with more than 6,000 deliveries to date including the initial models, the "Classics" and today's "Next-Generation" lineup. MHI began with production of flaps for the Next-Generation 737 models in 1996 and has already produced sets for more than 3,000 airplanes.

MHI presently has multiple large-scale projects under way in the aerospace business, including full-scale production of composite material wing boxes for the next-generation super-efficient Boeing 787 Dreamliner and the MRJ (Mitsubishi Regional Jet), a next-generation regional jet. The company's flap production in Vietnam is part of its initiative to partly shift its metal component assembly work overseas, where abundant human resources are available, and to focus its domestic facilities on high-value-added operations.

Now that the assembly and shipment of Next-Generation 737 flaps in Vietnam have favorably started, going forward MHI will continue to work on expanding its commercial aircraft business by combining overseas bases that deal mainly with assembly of existing components such as metal parts and domestic production bases focused on high-value-added operations that require sophisticated technologies, such as composite materials.

About Mitsubishi Heavy Industries

Mitsubishi Heavy Industries, Ltd. (TSE: 7011, 'MHI'), headquartered in Tokyo, Japan, is one of the world's leading heavy machinery manufacturers, with consolidated sales of 3,203 billion yen in fiscal 2007 (year ended March 31, 2008). MHI's diverse lineup of products and services encompasses shipbuilding, power plants, chemical plants, environmental equipment, steel structures, industrial and general machinery, aircraft, space rocketry and air-conditioning systems. For more information, please visit the MHI website at www.mhi.co.jp.

Source: Mitsubishi Heavy Industries

Contact:

Mitsubishi Heavy Industries
Hideo Ikuno
h.ikuno@daiya-pr.co.jp
+81-3-6716-5277

The Dubai Metro will be the world's longest driverless rail system, with a total length of approximately 75 kilometers, consisting of the newly completed Red Line and the Green Line (Phase II) currently under construction, which will run through the old city along Dubai Creek. The network will substantially ease Dubai's traffic congestion stemming from rapid population growth.

Since the commencement of Phase I construction work in August 2005, the five-partner Japanese-Turkish consortium supplied the fully automated driverless rail system and performed related civil and construction work. MHI and MC supplied the complete rail system, including rolling stock, automatic train control system, power supply system and rail tracks. Obayashi, Kajima and Yapi Merkezi together constructed the tunnels, station buildings and substructures for elevated rail tracks. The consortium completed for the starting of revenue service of Red Line in about 49 months, as contracted.

The consortium has also been engaged in Phase II construction, the Green Line, under the same role-sharing scheme since July 2006. Launch of this line is targeted for 2010.

Today, many other transportation infrastructure projects are being planned in the Middle Eastern countries, including rail projects in Abu Dhabi, Qatar and Saudi Arabia. Leveraging the completion of the Dubai Metro Red Line, going forward MHI now intends to proactively seek involvement in these other projects in the region.

About Mitsubishi Heavy Industries

Mitsubishi Heavy Industries, Ltd. (TSE: 7011, 'MHI'), headquartered in Tokyo, Japan, is one of the world's leading heavy machinery manufacturers, with consolidated sales of 3,203 billion yen in fiscal 2007 (year ended March 31, 2008). MHI's diverse lineup of products and services encompasses shipbuilding, power plants, chemical plants, environmental equipment, steel structures, industrial and general machinery, aircraft, space rocketry and air-conditioning systems. For more information, please visit the MHI website at www.mhi.co.jp.

Source: Mitsubishi Heavy Industries

Contact:

Mitsubishi Heavy Industries
Hideo Ikuno
h.ikuno@daiya-pr.co.jp
+81-3-6716-5277