Hitachi Establishes U.S. Holding Company

Hitachi, Ltd. announced plans to establish
a holding company in the U.S. to oversee the operations of Hitachi Data
Systems Solutions Holding Corporation (1) and Hitachi Data Systems
Holding Corporation (2), two locally based Hitachi Group Information &
Telecommunication Systems segment companies.

(1) Hitachi Data Systems Solutions Holding Corporation. is a holding
company for Hitachi Consulting Corporation that delivers proven business
and IT solutions as global consulting company.

(2) Hitachi Data Systems Holding Corporation is a holding company for
Hitachi Data Systems Corporation that provides Services Oriented Storage
Solutions globally.

1. Outline of New Company

1) Company name		Hitachi Information & Telecommunication Systems Global Holding Corporation
2) President		Kaichiro Sakuma
3) Headquarter		Santa Clara, CA, U.S.A.
4) Established		April 1, 2008
5) Capital		$500M
6) Ownership		Hitachi, Ltd. 100%
7) Main business		Management oversight of subsidiaries
8) No. of employees		7

2. Effect on Hitachi’s business results

There is no effect on Hitachi’s business
results.

Outline of Hitachi Data Systems Solutions Holding Corporation

1) President		Yoshihiro Miyoshi
2) Headquarter		Dallas, TX, U.S.A.
3) Established		August 14, 2000
4) Capital		$340M
5) Ownership		Hitachi, Ltd. 100%
6) No. of employees		Approximately 1,500 (consolidated)

Outline of Hitachi Data Systems Holding Corporation

1) President		Minoru Kosuge
2) Headquarter		Santa Clara, CA, U.S.A.
3) Established		April 21, 1989
4) Capital		$454M
5) Ownership		Hitachi, Ltd. 100%
6) No. of employees		Approximately 3,800 (consolidated)

Hitachi, Ltd.