Former Mitsui Marine Press Release
March 29,2001
Concerning Assistance to Mitsui Construction Co., Ltd.
Mitsui Marine & Fire Insurance Co.,Ltd.

You are hereby notified that Mitsui Marine and Fire Insurance Company, Limited (the "Company") will, upon acceptance of an assistance request from Mitsui Construction Co., Ltd., with which the Company has transacted, waive credit of the loans made thereto, in accordance with the "Management Improvement and New Medium-Term Project" of Mitsui Construction Co., Ltd.

1. Outline of Mitsui Construction Co., Ltd.:
Firm Name: Mitsui Construction Co., Ltd.
Location of Principal Office: 2-3, Otemachi 1-chome, Chiyoda-ku, Tokyo
Name of Representative: Kazuhiro Inamura
Amount of Paid-in Capital: ¥22,787 million
Business: General Contractor
2. Amount of Credit to be Waived:¥2,901 million
3. Any Adverse Effect on Forecast of Results of Operation:
The business forecasts for the year ending March 31, 2001, which have already been made public, will not be affected adversely by such waiver.
4. Other Assistance:
In addition to the above-mentioned assistance, the Company will subscribe for the following amount in connection with the third party allotment of new shares to be issued by Mitsui Construction Co., Ltd.

Amount to Be Subscribed by the Company: ¥3,518 million
-END-

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