January 21, 2008

Organizational Restructuring, Changes in Responsibilities
of Board Members,
and Assignments of General Managers

Please be informed that Nippon Suisan Kaisha, Ltd. (President and CEO: Naoya Kakizoe) will be restructuring its organization, changing the responsibilities of its Board Members, and appointing General Managers as indicated below.

I. Organizational Restructuring
(1) As of February 1

①Business Promotion Departments
(To Be Newly Established)

• Global Marketing Director
  A Global Marketing Director (Department) will be newly established, alongside the Global Marketing Office, in order to reinforce the function of global marketing management encompassing the entire Company and overseas Group companies, given the business environment where the globalization of marine product sales is rapidly progressing.

(2) As of March 1

①Business Supervising Divisions
(To Be Abolished)

• The Seafood-ECR Department will be abolished with the establishment of Suisan Ryutsu Co., Ltd.
• The duties of Logistics Business Division in the Logistic Business Department will be transferred to Nissui Logistics Corporation and the Logistics Business Department will be abolished.

②Business Promotion Departments
(To Be Abolished)

• The Direct Marketing Office will be abolished, and the businesses utilizing IT and infrastructure of delivery service to sell marine and processed food service products directly to medium and small side of restaurants will be transferred to the Hohsui Group.