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Ube Industries, Ltd. today announced its informal decision to change one of
its representative directors.
The change will be formally decided at a general meeting
of the board of directors after the ordinary general meeting
of shareholders, scheduled for June 27, 2003.
[Company Name]
Ube Industries, Ltd.
[Date of Official Announcement]
June 27, 2003
There are also plans for the President and Representative
Director, Kazumasa Tsunemi, to take on the role of chairman
of the board of directors, and for the current chairman
of the board of directors, Maomi Nagahiro, to become a senior
advisor.

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