28 January 2014

-- 9 Companies in Japan and 49 Companies in Other Countries --

Tokyo, January 28, 2014 -- Mitsubishi Heavy Industries, Ltd. (TSE:7011/”MHI”) and Hitachi, Ltd. (TSE:6501/”Hitachi”) today announced that Mitsubishi Hitachi Power Systems, Ltd. (MHPS) , the new company to be established by the business integration centered on the thermal power generation systems of MHI and Hitachi in tandem with the launch on February 1, 2014, will launch 58 MHPS group companies (nine companies in Japan and 49 companies in other countries). Among them, four companies, including MHPS, will be newly established, and 30 companies will simultaneously undergo a change of their corporate name. MHPS will closely collaborate with each group company and aims to be No.1 in the world in thermal power generation systems.

A list of the 58 group companies is attached.

About Mitsubishi Heavy Industries, Ltd.

Mitsubishi Heavy Industries, Ltd. (MHI), headquartered in Tokyo, Japan, is one of the world’s leading heavy machinery manufacturers, with consolidated sales of 2,817.8 billion yen in fiscal 2012, the year ended March 31, 2013. MHI’s diverse lineup of products and services encompasses shipbuilding, power plants, chemical plants, environmental equipment, steel structures, industrial and general machinery, aircraft, space systems and air-conditioning systems.

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

About Hitachi, Ltd.

Hitachi, Ltd. (TSE: 6501), headquartered in Tokyo, Japan, is a leading global electronics company with approximately 326,000 employees worldwide. The company’s consolidated revenues for fiscal 2012 (ended March 31, 2013) totaled 9,041 billion yen ($96.1 billion). Hitachi is focusing more than ever on the Social Innovation Business, which includes infrastructure systems, information & telecommunication systems, power systems, construction machinery, high functional material & components, automotive systems and others.

For more information on Hitachi, please visit the company's website at http://www.hitachi.com.

Attachment: List of Mitsubishi Hitachi Power Systems (MHPS) Group Company

(More than 50% shares owned by MHPS)

Parent Company: Mitsubishi Hitachi Power Systems, Ltd.

Europe
MHPS Group CompanyPresent company nameLocation
Mitsubishi Hitachi Power Systems Europe, Ltd.Mitsubishi Power Systems Europe, Ltd.UK
MH Power Systems Engineering Vienna GmbHMHI Engineering Vienna GmbHAustria
MH Power Systems Belgium NVMHI Power Systems Europe Belgium NVBelgium
Maintenance Partners NVSame as on the leftBelgium
Maintenance Partners Belgium NVSame as on the leftBelgium
Maintenance Partners Wallonie SASame as on the leftBelgium
Maintenance Partners the Netherlands B.V.Same as on the leftThe Netherlands
Eric Spoor Consultants B.V.Same as on the leftThe Netherlands
Electromotorenfabriek Zuid-Nederland B.V.Same as on the leftThe Netherlands
MH Power Systems Romania, S.R.L.MHI Power Systems Europe Romania, LLCRomania
Mitsubishi Hitachi Power Systems Europe GmbHHitachi Power Europe GmbHGermany
Meeraner Dampfkesselbau GmbHSame as on the leftGermany
Donges Steeltec GmbHSame as on the leftGermany
MH Power Systems Europe Service GmbHHitachi Power Europe Service GmbHGermany
Near and Middle East, Africa
MHPS Group CompanyPresent company nameLocation
MHI Power Systems Saudi Arabia, LLC
(Company name will be changed later to MH Power Systems Saudi Arabia, LLC)
Same as on the leftSaudi Arabia
MHI Power Systems Middle East, LLC (Company name will be changed later to MH Power Systems Middle East, LLC)Same as on the leftU.A.E.
MHI Power Systems Middle East for Manufacturing Parts and Machinery, LLC (Company name will be changed later to MH Power Systems Middle East for Manufacturing Parts and Machinery, LLC)Same as on the leftU.A.E.
MH Power Systems Egypt LLCMHI Power Systems Egypt LLCEgypt
Maintenance Partners Morocco SARLSame as on the leftMorocco
Mitsubishi Hitachi Power Systems Africa (Pty) Ltd.Hitachi Power Africa (Pty) Ltd.South Africa
Asia
MHPS Group CompanyPresent company nameLocation
Mitsubishi Power Systems India Private Limited
(Company name will be changed later in line with parent company name)
Same as on the leftIndia
MHI Power Systems Project (Thailand) Co., LtdSame as on the leftThailand
Mitsubishi Hitachi Power Systems (Thailand) Ltd.Mitsubishi Power Systems (Thailand) Ltd.Thailand
Mitsubishi Hitachi Power Systems Precision Casting Co., Ltd.Mitsubishi Heavy Industries Precision Casting Co., Ltd.Japan
Mitsubishi Hitachi Power Systems Engineering Co., Ltd.MHI Plant Engineering Co., Ltd.Japan
Mitsubishi Hitachi Power Systems Inspection Technologies, Ltd.MHI Power Systems Inspection Technologies, Ltd.Japan
MHPS Control Systems Co., Ltd.MHI Control Systems Co., Ltd.Japan
Mitsubishi Hitachi Power Systems Gas Turbine Service Co., Ltd.MHI Gas Turbine Service Co., Ltd.Japan
Babcock-Hitachi K. K.Same as on the leftJapan
Bab-Hitachi Industrial Co.Same as on the leftJapan
Bab-Hitachi Business CorporationSame as on the leftJapan
MH Power Systems Korea, Ltd.Respective thermal power generation systems business units of Mitsubishi Heavy Industries Korea Ltd. and Hitachi Korea, Ltd.Korea
Mitsubishi Hitachi Power Systems Asia Pacific Pte. Ltd.Respective thermal power generation systems business units of Mitsubishi Heavy Industries Engineering & Service Private Ltd. and Hitachi Asia, Ltd.Singapore
Dalian Hitachi Machinery & Equipment Co., Ltd.Same as on the leftChina
Mitsubishi Heavy Industries Jieneng (Qingdao) Steam Turbine Co., Ltd.
(Company name will be changed later in line with parent company name)
Same as on the leftChina
Mitsubishi Heavy Industries BFG Gas Turbine Service (Nanjing) Co., Ltd. (Company name will be changed later in line with parent company name)Same as on the leftChina
Mitsubishi Heavy Industries Dongfang Gas Turbine (Guangzhou) Co., Ltd.
(Company name will be changed later in line with parent company name)
Same as on the leftChina
Babcock-Hitachi (Hangzhou) Environmental Equipment Co., Ltd.Same as on the leftChina
MHPS Technical Services CorporationMHI Technical Services CorporationThe Philippines
Babcock-Hitachi (Philippines) Inc.Same as on the leftThe Philippines
PT. MH Power Systems IndonesiaPT. MPS IndonesiaIndonesia
Oceania
MHPS Group CompanyPresent company nameLocation
Clyde Babcock-Hitachi (Australia) Pty LtdSame as on the leftAustralia
BREAKER ELECTRICAL PTY, LTD.Same as on the leftAustralia
Mitsubishi Hitachi Power Systems Australia Pty. Ltd.Thermal power generation systems business unit of Hitachi Australia Pty Ltd.Australia
North, Central and South Americas
MHPS Group CompanyPresent company nameLocation
Mitsubishi Hitachi Power Systems Canada, Ltd.Hitachi Power Systems Canada, Ltd.Canada
MHPS Canada, Inc.MPS Canada, Inc.Canada
Power Generation Services, Inc.Same as on the leftU.S.A.
Mechanical Dynamics & Analysis, Ltd.Same as on the leftU.S.A.
Mohawk Labor Services, LLCSame as on the leftU.S.A.
Turbo Parts, LLCSame as on the leftU.S.A.
Mitsubishi Hitachi Power Systems America – Energy and Environment, Ltd.Hitachi Power Systems America, Ltd.U.S.A.
Mitsubishi Hitachi Power Systems Americas, Inc.Mitsubishi Power Systems Americas, Inc.U.S.A.
CCT Solutions, LLCSame as on the leftU.S.A.
MHPS Puerto Rico, LLCMPS-PR, LLCU.S.A.
Mitsubishi Hitachi Power Systems de Mexico, S.A. de C.V.Thermal power generation systems business unit of Mitsubishi Heavy Industries de Mexico S.A. de C.VMexico
MH Power Systems de Venezuela, C.A.HITACHI DE VENEZUELA, C.A.Venezuela
CBC Industrias Pesadas S.A.Same as on the leftBrazil

Press Contacts:

Hitachi, Ltd.
Keisaku Shibatani
Tel: +81-3-5208-9324 (Direct)

Mitsubishi Heavy Industries, Ltd.
Tel: +81-3-6716-2168 (Direct)