In accordance with the plan to integrate business operations at NEC Electronics and Renesas (the "Business Integration"), the five companies announced on September 16 that Renesas will issue shares of Renesas common stock to Hitachi and Mitsubishi Electric, the sole shareholders of Renesas, before the effective date of the Business Integration (the "Pre-merger Capital Injection"). In addition, after the scheduled date of the Business Integration, April 1, 2010, the new integrated company after the Business Integration (the "Integrated Company") will issue shares of its common stock to NEC, Hitachi and Mitsubishi Electric (the "Post-merger Capital Injection").

The five companies also announced that the amount of the Pre-merger Capital Injection could be reduced and the amount of the Post-merger Capital Injection could be increased depending on the business result of NEC Electronics for the first half of the fiscal year ending March 31, 2010.

Today's changes were made due to NEC Electronics' financial results, which were settled today, November 9, 2009. The changes in Post-merger Capital Injection were resolved at NEC Electronics' meeting of the Board of Directors held earlier today.

2. Outline of the Changes

The changes are underlined.

2.1 Outline of reinforcement of capital

As a condition to the Business Integration, Renesas will issue shares of Renesas common stock to Hitachi and Mitsubishi Electric, the sole shareholders of Renesas, in exchange for an aggregate of 71.7 billion yen before the effective date of the Business Integration (including shares issued on September 29, 2009 in exchange for an aggregate of 55.0 billion yen). In addition, on the effective date of the Business Integration (scheduled to be April 1, 2010), the Integrated Company will issue shares of its common stock to NEC, Hitachi and Mitsubishi Electric in exchange for an aggregate of approximately 134.6 billion yen.

2.2 Outline of the third-party allotment of new shares after Business Integration

2.2.1 Outline of Post-merger Capital Injection

(1)           Issuer                             Renesas Electronics Corporation (Tentative name)
(2)           Date of issuance                   April 1, 2010 (Note 1)
(3)           Number of new shares to be issued  146,782,990 of common shares
(4)           Issue price                        917 yen
(5)           Total proceeds                     134,600,001,830 yen
(6)           Purchaser                          Third-party allotment (Note 2)
                                                 (NEC: 61,395,857 shares,
                                                 Hitachi:
                                                 46,962,923 shares,
                                                 Mitsubishi
                                                 Electric: 38,424,210 shares)
(7)           Others                             None
Note 1: The new shares will be issued at the same date as the
effective date of the Business Integration. The schedule is
subject to change based upon the effective date of the Business
Integration.
Note 2: In accordance with Art. 124 4 of the Corporation Law, on
the day of the ordinary shareholders meeting of the Integrated
Company which is scheduled to be held in June 2010, NEC, Hitachi
and Mitsubishi Electric will acquire voting rights of the new
Integrated Company.

2.2.2 Major stockholders and ownership ratio of Renesas Electronics Corporation after the execution of the Business Integration and the third-party allotment

   NEC Corporation                           33.97%
   Hitachi, Ltd.                             30.62%
   Mitsubishi Electric Corporation           25.05%
   Japan Trustee Services Bank, Ltd. (Note)  1.49%
   (Trust Account from The Sumitomo Trust and Banking Co., Ltd. for
   retirement benefit Trust Account of NEC Corporation)

Note: 1.49% of shares which are owned by Japan Trustee Services Bank, Ltd. (Re-trust of The Sumitomo Trust and Banking Co., Ltd./NEC Corporation pension and severance payments Trust Account) were shares that were contributed by NEC as severance indemnities trusts. The voting rights of such shares will be exercised at the instruction of NEC.

About NEC Electronics

NEC Electronics Corporation (TSE: 6723) specializes in semiconductor products encompassing advanced technology solutions for the high-end computing and broadband networking markets, system solutions for the mobile handset, PC peripheral, automotive and digital consumer markets, and multi-market solutions for a wide range of customer applications. NEC Electronics Corporation has subsidiaries worldwide including NEC Electronics America, Inc. and NEC Electronics (Europe) GmbH. For additional information about NEC Electronics worldwide, visit www.necel.com.

About Renesas Technology Corp.

Renesas Technology Corp. is the world's No.1 supplier of microcontrollers and one of the world's leading semiconductor system solutions providers for mobile, automotive and PC/AV (Audio Visual) markets. It is also a leading provider of Power MOSFETs, Smart Card microcontrollers, RF-ICs, High Power Amplifiers, Mixed Signal ICs, System-on-Chip (SoC), System-in-Package (SiP) and more. Established in 2003 as a joint venture between Hitachi, Ltd. (TSE:6501, NYSE:HIT) and Mitsubishi Electric Corporation (TSE:6503), Renesas Technology achieved consolidated revenue of 702.7 billion JPY in FY2008 (end of March 2009). Renesas Technology is based in Tokyo, Japan and has a global network of manufacturing, design and sales operations in 16 countries with 25,000 employees worldwide. For further information, please visit http://www.renesas.com.

About NEC Corporation

NEC Corporation is one of the world's leading providers of broadband network and enterprise business solutions dedicated to meeting the specialized needs of a diversified global base of customers. NEC delivers tailored solutions in the key fields of computer, networking and electron devices, by integrating its technical strengths in IT and Networks, and by providing advanced semiconductor solutions through NEC Electronics Corporation. The NEC Group employs more than 140,000 people worldwide. For additional information, please visit the NEC website at: http://www.nec.com.

About Hitachi

Hitachi, Ltd., (NYSE: HIT / TSE: 6501), headquartered in Tokyo, Japan, is a leading global electronics company with approximately 400,000 employees worldwide. Fiscal 2008 (ended March 31, 2009) consolidated revenues totaled 10,000 billion yen ($102.0 billion). The company offers a wide range of systems, products and services in market sectors including information systems, electronic devices, power and industrial systems, consumer products, materials, logistics and financial services. For more information on Hitachi, please visit the company's website at http://www.hitachi.com.

About Mitsubishi Electric

With over 80 years of experience in providing reliable, high-quality products to both corporate clients and general consumers all over the world, Mitsubishi Electric Corporation (TOKYO: 6503) is a recognized world leader in the manufacture, marketing and sales of electrical and electronic equipment used in information processing and communications, space development and satellite communications, consumer electronics, industrial technology, energy, transportation and building equipment. The company recorded consolidated group sales of 3,665.1 billion yen (US$ 37.4 billion*) in the fiscal year ended March 31, 2009. For more information visit http://global.mitsubishielectric.com.

*At an exchange rate of 98 yen to the US dollar, the rate given by the Tokyo Foreign Exchange Market on March 31, 2009.

SOURCE: Renesas Technology Corp.

NEC Electronics Corporation 
Kyoko Okamoto, + 81-44-435-1676 
kyoko.okamoto@necel.com 
or 
NEC Corporation 
Kosuke Yamauchi, + 81-3-3798-6511 
k-yamauchi@ce.jp.nec.com 
or 
Renesas Technology Corp. 
Yoichi Kobayashi, +81-3-6756-5555 
kobayashi.yoichi2@renesas.com 
or 
Renesas Technology America, Inc. 
Stefani Parrish, 408-382-7410 
stefani.parrish@renesas.com 
or 
Hitachi, Ltd. 
Atsushi Konno, +81-3-5208-9325 
PR@hdq.hitachi.co.jp 
or 
Mitsubishi Electric Corporation 
Yurika Fujimoto, + 81-3-3218-3380 
prd.gnews@nk.MitsubishiElectric.co.jp

In accordance with the plan to integrate business operations at NEC Electronics and Renesas (the "Business Integration"), the five companies announced on September 16 that Renesas will issue shares of Renesas common stock to Hitachi and Mitsubishi Electric, the sole shareholders of Renesas before the effective date of the Business Integration (the "Pre-merger Capital Injection"). In addition, after

the scheduled date of the Business Integration, April 1, 2010, the new integrated company after the Business Integration (the "Integrated Company") will issue shares of its common stock to NEC, Hitachi and Mitsubishi Electric (the "Post-merger Capital Injection").

The five companies also announced that the amount of the Pre-merger Capital Injection could be reduced and the amount of the Post-merger Capital Injection could be increased depending on the business result of NEC Electronics for the first half of the fiscal year ending March 31, 2010.

Today's changes were made in due to NEC Electronics' financial results, which were settled today, November 9, 2009. The changes in Post-merger Capital Injection were resolved at NEC Electronics' meeting of the Board of Directors held earlier today.

2. Outline of the Changes

The changes are underlined.

2.1 Outline of reinforcement of capital

As a condition to the Business Integration, Renesas will issue shares of Renesas common stock to Hitachi and Mitsubishi Electric, the sole shareholders of Renesas, in exchange for an aggregate of 71.7 billion yen before the effective date of the Business Integration (including shares issued on September 29, 2009 in exchange for an aggregate of 55.0 billion yen). In addition, on the effective date of the Business Integration (scheduled to be April 1, 2010), the Integrated Company will issue shares of its common stock to NEC, Hitachi and Mitsubishi Electric in exchange for an aggregate of approximately 134.6 billion yen.

2.2 Outline of the third-party allotment of new shares after Business Integration

2.2.1 Outline of Post-merger Capital Injection

(1)Issuer                Renesas Electronics Corporation (Tentative name)
(2)Date of issuance      April 1, 2010 (Note 1)
(3)Number of new         146,782,990 of common shares
   shares to be issued
(4)Issue price           917 yen
(5)Total proceeds        134,600,001,830 yen
(6)Purchaser             Third-party allotment (Note 2)
(NEC: 61,395,857 shares, Hitachi: 46,962,923 shares, Mitsubishi Electric: 38,424,210 shares)
(7)Others                None

Note 1: The new shares will be issued at the same date as the effective date of the Business Integration. The schedule is subject to change based upon the effective date of the Business Integration.

Note 2: In accordance with Art. 124 -4 of the Corporation Law, on the day of the ordinary shareholders meeting of the Integrated Company which is scheduled to be held in June 2010, NEC, Hitachi and Mitsubishi Electric will acquire voting rights of the new Integrated Company.

2.2.2 Major stockholders and ownership ratio of Renesas Electronics Corporation after the execution of the Business Integration and the third-party allotment

<NEC Corporation> 33.97%

<Hitachi, Ltd.> 30.62%

<Mitsubishi Electric Corporation> 25.05%

<Japan Trustee Services Bank, Ltd.> (Note) 1.49%

(Trust Account from The Sumitomo Trust and Banking Co., Ltd. for

retirement benefit Trust Account of NEC Corporation)

Note: 1.49% of shares which are owned by Japan Trustee Services Bank, Ltd. (Re-trust of The Sumitomo Trust and Banking Co., Ltd./NEC Corporation pension and severance payments Trust Account) were shares that were contributed by NEC as severance indemnities trusts. The voting rights of such shares will be exercised at the instruction of NEC.

About NEC Corporation

NEC Corporation (TSE: 6701) is one of the world's leading providers of Internet, broadband network and enterprise business solutions dedicated to meeting the specialized needs of a diversified global base of customers. NEC delivers tailored solutions in the key fields of computer, networking and electron devices, by integrating its technical strengths in IT and Networks, and by providing advanced semiconductor solutions through NEC Electronics Corporation. The NEC Group employs more than 150,000 people worldwide. For additional information, please visit the NEC website at: http://www.nec.com.

Contact:

NEC Electronics Corporation
Kyoko Okamoto
+ 81-44-435-1676
kyoko.okamoto@necel.com

Renesas Technology Corp.
Yoichi Kobayashi
+81-3-6756-5555
kobayashi.yoichi2@renesas.com

NEC Corporation
Kosuke Yamauchi
+ 81-3-3798-6511
k-yamauchi@ce.jp.nec.com

Hitachi, Ltd.
Atsushi Konno
+81-3-5208-9325
PR@hdq.hitachi.co.jp

Mitsubishi Electric Corporation
Yurika Fujimoto
+ 81-3-3218-3380
prd.gnews@nk.MitsubishiElectric.co.jp

"Red Hat's Advanced Mission-Critical Program is designed to enable customers to reduce costs while providing the reliability, availability and scalability needed for the most demanding mission-critical applications. We are pleased to announce Hitachi's participation in this program, extending the benefits of Linux to an even greater number of customers," said Scott Crenshaw, vice president, Platform Business Unit at Red Hat. "Hitachi joins the Advanced Mission-Critical Program in providing Red Hat Enterprise Linux to critical workloads throughout Japan."

As a Red Hat Advanced Mission-Critical partner, Hitachi is now able to provide new support options to high-end customers with mission-critical needs leveraging Red Hat Enterprise Linux in Japan. These expanded Red Hat Enterprise Linux support options include a 10-year life cycle, the ability to standardize on a single update release for up to 18 months and proactive notification to reduce system disruption.

"To support the needs of the most demanding, mission-critical workloads, such as for maintaining our social infrastructure platforms, wide experience with and specialized knowledge for mainframe-class systems are the key," said Daisuke Sasaki, general manager, Hitachi, Ltd. "In joining Red Hat's Advanced Mission-Critical Program, we combine Hitachi's mainframe expertise and Red Hat's Enterprise Linux expertise to provide enhanced services to customers. We believe that these new support options will bring greater benefit to mission-critical customers in Japan."

Advanced Mission-Critical offerings are available from Hitachi and Red Hat today.

To learn more about Red Hat's Advanced Mission-Critical Program, visit www.redhat.com/promo/mc_program.

For more information about Red Hat, visit www.redhat.com. For more news, more often, visit www.press.redhat.com.

About Red Hat, Inc.

Red Hat, the world's leading open source solutions provider, is headquartered in Raleigh, NC with over 65 offices spanning the globe. CIOs ranked Red Hat as one of the top vendors delivering value in Enterprise Software for five consecutive years in the CIO Insight Magazine Vendor Value survey. Red Hat provides high-quality, affordable technology with its operating system platform, Red Hat Enterprise Linux, together with applications, management and Services Oriented Architecture (SOA) solutions, including JBoss Enterprise Middleware. Red Hat also offers support, training and consulting services to its customers worldwide. Learn more: http://www.redhat.com.

Forward-Looking Statements

Certain statements contained in this press release may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to any historical or current fact. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including: risks related to delays or reductions in information technology spending, the integration of acquisitions and the ability to market successfully acquired technologies and products; the ability of the Company to effectively compete; the inability to adequately protect Company intellectual property and the potential for infringement or breach of license claims of or relating to third party intellectual property; the ability to deliver and stimulate demand for new products and technological innovations on a timely basis; risks related to data and information security vulnerabilities; ineffective management of, and control over, the Company's growth and international operations; fluctuations in exchange rates; adverse results in litigation; and changes in and a dependence on key personnel, as well as other factors contained in our most recent Quarterly Report on Form 10-Q (copies of which may be accessed through the Securities and Exchange Commission's website at http://www.sec.gov), including those found therein under the captions "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations". In addition to these factors, actual future performance, outcomes, and results may differ materially because of more general factors including (without limitation) general industry and market conditions and growth rates, economic conditions, and governmental and public policy changes. The forward-looking statements included in this press release represent the Company's views as of the date of this press release and these views could change. However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing the Company's views as of any date subsequent to the date of the press release.

LINUX is a trademark of Linus Torvalds. RED HAT and JBOSS are registered trademarks of Red Hat, Inc. and its subsidiaries in the US and other countries.

SOURCE: Red Hat, Inc.

Red Hat 
Kerri Catallozzi, 919-754-4268 
kcatallo@redhat.com

"We applaud this landmark agreement, which marks a historic moment in the future development of civilian nuclear energy in the UAE and the region," said Jack Fuller, president and CEO of GE Hitachi Nuclear Energy (GEH), the global nuclear energy alliance formed by GE and Hitachi. "The UAE has shown strong leadership demonstrating the role nuclear energy plays in a diverse energy portfolio to address growing domestic demands for clean and cost-effective power generation for generations to come."

The agreement is the latest step as the UAE moves forward with the development of its national civil nuclear energy program. The UAE recently put into place a law establishing the regulatory framework for a civilian nuclear energy program.

The UAE's domestic power demand is expected to increase to more than 40,000 MW by 2020. The country's rapid economic development has stretched existing energy resources, and nuclear energy can help fill the electricity demand gap with cost-effective power.

GEH is a world-leading provider of advanced boiling water reactor technology and power plant services for scores of nuclear power stations around the world. Globally, dozens of new nuclear reactors are being constructed, adding to the 441 reactors currently operating in 31 countries, delivering 17 percent of worldwide electricity production. Global energy demand is expected to increase 44 percent by 2030, according to the U.S. Energy Information Administration. Nuclear energy is a safe, affordable and virtually carbon-free energy solution.

GE has been a strong partner of the UAE and an active participant in the country's infrastructure growth for the past 40 years. Today, GE has six facilities and more than 600 employees throughout the UAE, supporting the growth of numerous sectors, including power, water, oil and gas, industrial, aviation, healthcare, finance, media and entertainment sectors. GE also is engaged in knowledge sharing and learning initiatives in the UAE, reflecting its continued commitment to the country and the region.

GE Hitachi Nuclear Energy

Based in Wilmington, N.C., GE Hitachi Nuclear Energy (GEH) is a world-leading provider of advanced reactors and nuclear services. Established in June 2007, GEH is a global nuclear alliance created by GE and Hitachi to serve the global nuclear industry. The nuclear alliance executes a single, strategic vision to create a broader portfolio of solutions, expanding its capabilities for new reactor and service opportunities. The alliance offers customers around the world the technological leadership required to effectively enhance reactor performance, power output and safety.

SOURCE: GE

GE Hitachi Nuclear Energy 
Ned Glascock, +1 910-819-5729 
edward.glascock@ge.com 
or 
Masto Public Relations 
Howard Masto / Tom Murnane, +1 518-786-6488 
howard.masto@ge.com / tom.murnane@mastopr.com