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April 2002 - Announcement of the establishment of a new company



Dear Sirs and Madams,
I am happy to hear that you are well and prosperous.
We are very mush indebted to you for all your efforts.
We have established a new company, TOOL CORPORATION for the purposes of business expansion and development. We decided to place all of our businesses under the control of the new company starting April 1, 2002.
With this opportunity to establish a new company, we will make further efforts to meet your expectations.The new company will assume control of all of our businesses and be as active as before. We ask you for your continued support.
We hope you will forgive us for taking the liberty of informing you of this matter via this letter.
Yours very truly,
April 1, 2002
TOOL CORPORATION
Chairman and Representative Director Norio Yasue
Chairman and Representative Director Hideaki Hontao
New name of company TOOL CORPORATION
Location 3-3-14, Kamimeguro, Meguro-ku, Tokyo 153-0051
Tel +81-3-5723-8123 (Representative)


Announcement on the establishment of a new company


Dear Sirs and Madams,
I am happy to hear that you are well and prosperous.
We are very mush indebted to you for all your efforts.
We have taken over all businesses from TOOL CORPORATION and established a new company as described below.
The new company is committed to deepening, further advancement, and globalization of existing businesses to construct new business models.
We ask for your continued trust and support.
We hope you will forgive us for taking the liberty of informing you of this matter via this letter.
Yours very truly,
April 1, 2002
TOOL CORPORATION
Chairman and Representative Director Norio Yasue
President and Representative Director Hideaki Hontao

Establishment April 1, 2002

Name of company TOOL CORPORATION
(Registered trade name: TOOL CORPORATION)

Location 3-3-14, Kamimeguro, Meguro-ku, Tokyo 153-0051

Tel +81-3-5723-8123 (Representative)

Executives Chairman and Representative Director Norio Yasue
President and Representative Director Hideaki Hontao
Vice-President and Director Toshiya Suzuki
Managing Director Shunsuke Uchida
Director Mitsuo Asano
Director Akihiro Kitai
Auditor Tomosato Daigo