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| 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
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