Komatsu Announces Appointments of Members of the International Advisory Board

Since the establishment of the International Advisory Board (IAB) in 1995, Komatsu Ltd. (President & CEO: Kunio Noji) has received independent advice and suggestions from experts concerning how Komatsu can improve its management and corporate activities as a global company. The IAB meets with members of Komatsu�fs top management twice a year to discuss relevant issues and to exchange views. Since its establishment, the IAB has met a total of 23 times. Komatsu has appointed the following new members to the IAB. The fifth session of the IAB will begin in January 2008.

As of June 22, 2007, a new management team was formed to lead Komatsu, Komatsu�fs management intends to continue to give careful consideration to the objective recommendations and suggestions of the IAB members who together have a wealth of knowledge and experiences in regard to global business. Komatsu�fs management believes this will further improve management efficiency and will strengthen corporate governance, thereby enhancing Komatsu�fs corporate value.

Mr. Yukio Okamoto
Specialist of International Affairs and President of Okamoto Associates, Inc.
Special Advisor to Prime Minister Ryutaro Hashimoto on Okinawan affairs (1996 - 1998)
Special Advisor to Prime Minister Junichiro Koizumi on Iraqi affairs (2003 - 2004)

Dr. Lawrence J. Lau
Vice Chancellor and President, and Ralph and Claire Landau Professor of Economics, The Chinese University of Hong Kong
Kwoh-Ting Li Professor in Economic Development, Emeritus, Stanford University

Dr. Juergen M. Geissinger
President and CEO of INA-Holding Schaeffler KG

Mr. Travis Engen
Former President and CEO of Alcan Inc. (2001 - 2006)
Ex Chairman and CEO of ITT Industries, Inc. (1995 - 2001)

1. Purpose
To contribute objective advice and suggestions concerning the groupwide and global enterprise activities of Komatsu Ltd.
- Global enterprise strategies of Komatsu and Group companies
- Social, economic and political situations as well as international bilateral and multilateral trade problems, etc.
- Corporate governance and stakeholder relations, etc.

2. Structure
Four Board members (advisors) for a 3-year term of office

3. Meetings
Twice a year

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