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YY易游体育官方网站 announces simple- and short-form merger of consolidated subsidiary through absorption

April 28, 2010

YY易游体育官方网站, Ltd. announced today that at its Board of Directors' meeting convened on April 28, 2010 it had passed a resolution to effect an absorption-type merger of its wholly-owned subsidiary Shinko Taseto Co., Ltd.

1. Purpose of the YY易游体育官方网站rger

The principal activity of Shinko Taseto Co., Ltd., a wholly-owned subsidiary, is the manufacture of stainless steel welding consumables. Merging Shinko Taseto into Kobe Steel's Welding Business YY易游体育官方网站ll integrate operations by improving business efficiency, facilitating communication, and maintaining stable profits.

Profile of ShinYY易游体育官方网站 Taseto (as of March 31, 2010)

Company naYY易游体育官方网站:		ShinYY易游体育官方网站 Taseto Co., Ltd.
President:		Yukinobu Matsushita
Capital:		175 million yen
Sales:		5,708 million yen (fiscal 2009)

2. Schedule for the YY易游体育官方网站rger

Resolution at Board of Directors' YY易游体育官方网站eting:		April 28, 2010
Signing of agreeYY易游体育官方网站nt:		April 28, 2010
Effective date (date of YY易游体育官方网站rger):		October 1, 2010

3. Effect on YY易游体育官方网站's Business Results

This merger YY易游体育官方网站ll have no effect on the consolidated business results of Kobe Steel, Ltd. as Kobe Steel YY易游体育官方网站ll effect an absorption-type merger of a wholly owned subsidiary.