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NEC Plans to Appoint KPMG AZSA as New Accounting Auditors

*****For immediate use February 25, 2008

Tokyo, February 25, 2008 - NEC Corporation today announced plans to change its accounting auditors in accordance with a proposition approved at the Meeting of the Board of Directors today. The proposition will be submitted for approval at the 170th Ordinary General Meeting of Shareholders in June, 2008.
NEC has already obtained the consent of its Board of Corporate Auditors pursuant to the provisions of Article 344 of the Company Law of Japan.

1. Reason for change
NEC's Board of Directors will submit a proposal to appoint KPMG AZSA & Co in place of Ernst & Young ShinNihon.
This decision was made based on several factors, including the fact that Ernst & Young ShinNihon has been NEC's accounting auditors for a significant length of time and NEC changed its accounting principles to prepare its consolidated financial statements from U.S. GAAP to Japan GAAP in the fiscal year ended March 31, 2007.

2. Current accounting auditors
Ernst & Young ShinNihon
Address: Hibiya Kokusai Building, 2-2-3 Uchisaiwai-cho, Chiyoda-ku, Tokyo, Japan

3. Accounting auditors to be newly elected
AZSA Center Building, 1-2 Tsukudo-cho, Shinjuku-ku, Tokyo, Japan

4. Planned date of election
June, 2008 (Date of 170th Ordinary General Meeting of Shareholders)
KPMG AZSA & Co will audit NEC's statutory reports starting from the fiscal year ending March 31, 2009.

About NEC Corporation
NEC Corporation is one of the world's leading providers of Internet, broadband network and enterprise business solutions dedicated to meeting the specialized needs of its diverse and 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 home page at:


Japan Press Contact

Diane Foley Makoto Miyakawa
NEC Corporation
NEC Corporation

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