At the Board of Directors Meeting on May 16, 2007, Sanix Energy Incorporated (a 100% owned subsidiary of Sanix Inc, President & CEO: Shin-ichi Munemasa) resolved to change the board member.

Changes in Board Member of a Consolidated Subsidiary

　Sanix Energy Incorporated (to be effective on June 1, 2007)

Name	Proposed Title	Current Title
Shin-ichi Munemasa	Chairman of the Board of Directors	President & CEO
Kozo Inoue	President & CEO	Auditor
Fumio Honda	Auditor	Director of Sanix Inc.

For more information, please contact:
Masahiro Shimojo, Management and Planning Division