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MHI Notice Regarding Issue of Stock Options for Stock-linked Compensation.

Tokyo, July 31, 2008 - (JCN Newswire) - Mitsubishi Heavy Industries, Ltd. (the "Company") hereby gives notice that its Board of Directors decided to grant to its Directors, excluding Outside Directors, and Executive Officers of the Company stock acquisition rights as stock options in a stock-linked compensation scheme, pursuant to Article 238, Paragraph 1 and 2, and Article 240, Paragraph 1 of the Corporate Law, with an aim to further enhance the motivation and morale of its Directors and Executive Officers so as to improve the Company's business performance,as per attached.

http://www.mhi.co.jp/en/news/story/pdf/080731en.pdf

About Mitsubishi Heavy Industries

Mitsubishi Heavy Industries, Ltd. (TSE: 7011, 'MHI'), headquartered in Tokyo, Japan, is one of the world's leading heavy machinery manufacturers, with consolidated sales of 3,068 billion yen in fiscal 2006 (year ended March 31, 2007). MHI's diverse lineup of products and services encompasses shipbuilding, power plants, chemical plants, environmental equipment, steel structures, industrial and general machinery, aircraft, space rocketry and air-conditioning systems. For more information, please visit the MHI website at http://www.mhi.co.jp

Source: Mitsubishi Heavy Industries

Contact:
Mitsubishi Heavy Industries
Hideo Okuno Daiya PR (for Mitsubishi Heavy Industries, Ltd.)
h.ikuno@daiya-pr.co.jp
+81-3-6716-5277


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Publication:JCN Newswires
Date:Jul 31, 2008
Words:215
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