Nissan Announces Management Changes

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March 15, 2005

Tokyo -- Nissan Motor Co., Ltd., today announced management changes that become

effective April 1.

“I have full confidence in our new team’s ability to successfully implement the next

chapter of Nissan’s profitable growth, NISSAN Value-Up,” said Nissan president and

CEO Carlos Ghosn.

Major Changes in Senior Vice President Responsibilities:

Kazuhiko Toida, currently responsible for global aftersales, will become head of marketing

and sales for Japan. He will also become chairman of Nissan’s dealer management

committee.

Kimiyasu Nakamura will be in charge of all vehicle design engineering.

New Senior Vice Presidents:

In addition, Junichi Endo, Hitoshi Kawaguchi, Minoru Shinohara and Yo Usuba will all be

appointed senior vice presidents as of April 1. Endo, currently president of Autech Japan,

will be responsible for Nissan’s global aftersales division, as well as the company’s

conversion business. Kawaguchi, currently president of Nissan Financial Services, will

take over responsibility for Nissan’s human resources department. Shinohara, in charge

of Nissan Research Center, will become head of Nissan’s advanced vehicle engineering

division. Usuba, general manager of Nissan’s powertrain project planning department,

will become responsible for the powertrain engineering division.

New Vice Presidents:

Seven new vice presidents will be appointed as of April 1 (see attached document for

complete list).

Other Notable Management Changes:

Nobuo Okubo, currently executive vice president, will become chief technology officer

from April 1. Norio Matsumura, who will retire on March 31, will become president of

Nissan Prince Osaka. Patrick Pelata, who will return to Renault after March 31, will be

proposed as a non-executive director of Nissan at the company’s shareholders’ meeting

in June.

Senior vice presidents Shuji Yamagata, Shigeo Ishida and Kuniyuki Watanabe, as well as

vice presidents Akira Koyama and Bernard Long, will retire effective March 31. Yamagata

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will be proposed as executive vice president of Calsonic Kansei Corp., Ishida will be

proposed as president of JATCO Ltd. and Watanabe will be proposed as vice president

of Kasai Kogyo Co., Ltd., at their respective company’s shareholder meetings. Koyama

will be proposed as executive officer of VANTEC Corp. Long will return to Renault.

New Auditors:

Nissan will appoint Hisayoshi Kojima, currently president of JATCO, as a new auditor,

pending approval by Nissan’s shareholders in June.

Retiring Audi

Retiring Auditors:

tors:

Auditors Hiroshi Moriyama and Hiroyasu Kan will retire in June.

Following the changes, the total number of Nissan corporate officers, including vice

presidents, is now 44, compared to 42 in 2004.

Attached is a complete list of Nissan’s executives and their new responsibilities.

For more information, please contact:

Nissan Motor Co., Ltd.

Global Communications and

Investor Relations Department

Tel: +81-(0)3-5565-214

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Attachment

1. New line-up of Corporate Officers and their responsibilities

(1) Major Changes of EC members’ responsibilities (Effective from April 1, 2005)

Name Title New responsibilities Current responsibilities Carlos

Ghosn

CEO ・ North American Operations (MC*-NA & MC-US)

・ Global Communications, CSR and IR

・ Global Internal Audit

・ North American Operations (MC-NA & MC-US)

・ Global Communications and IR

・ Global Internal Audit

・ Product Strategy and Product Planning

・ Corporate Quality Assurance and Customer Service

・ Human Resources

・ Treasury Toshiyuki

Shiga

COO ・ Japan Operations (MC-J)

・ GOM Operations (MC-GOM)

・ China Operations

・ Global Marketing and Sales

・ Global Aftersales and Conversion Business

・ Corporate Quality Assurance and Customer Service

・ Human Resources

・ Treasury

・ GOM Operations (MC-GOM)

・ China Operations

Itaru Koeda

EVP ・ Administration for AFLs**(MC-AFL)

・ External and Government Affairs

・ Intellectual Asset Management

・ Industrial Machinery

・ Marine

・ Administration for AFLs (MC-AFL)

・ External and Government Affairs

Tadao Takahashi EVP ・ Manufacturing ・ SCM*** ・ Global IS ・ Manufacturing ・ SCM ・ Industrial Machinery ・ Marine Hiroto Saikawa

EVP ・ European Operations (MC-E)

・ Purchasing

Mitsuhiko Yamashita

EVP ・ Research, Technology and Engineering Development

・ Cost Engineering

・ Environmental and Safety Engineering Dept., Technology Planning Dept, Materials Engineering Dept., Measurement Engineering Dept., Advanced Vehicle Engineering Div., Electronics Engineering Div.

Carlos Tavares

EVP ・ Design

・ Corporate Planning

・ Program Directors’ Office

・ Product Planning

・ Market Intelligence

・ LCV Business

・ Product Strategy and Product Planning Div., Program Director

Alain-Pierre Raynaud

SVP ・ Global controller ・ Global controller

・ Global IS

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(2) Retiring EC members (Effective on March 31, 2005)

Nobuo Okubo (To be appointed as Chief Technology Officer effective on April 1, 2005 ) Norio Matsumura (To be appointed as President of Nissan Prince Osaka)

Patrick Pelata (Return to Renault and to be proposed as non-executive Director of Nissan as of June, 2005)

(3) Major changes of SVP’s responsibilities (Effective from April 1, 2005)

Name

Title New responsibilities Current responsibilities Bernard

Rey

SVP ・ CEO / COO Office

・ Global motorsports

・ Alliance Coordination Office

・ Security Office

・ Legal Dept.

・ Organization Development and Process Re-engineering

・ Secretariat

・ CEO Office

・ Global motorsports

・ Alliance Coordination Office

・ Security Office

・ Legal Dept.

・ Organization Development and Process Re-engineering

Kazuhiko Toida

SVP ・ Japan Marketing & Sales

・ MC-Dealer

・ Dealer network Div.

・ Fleet Business Div.

・ Global Aftersales Div.

・ Aftersales Div. (Japan)

・ GOM Aftersales Div.

Junichi Endo *1 (New)

SVP ・ Global Aftersales Div.

・ Aftersales Div. (Japan)

・ GOM Aftersales Div.

・ Conversion Business

・ President, Autech Japan

Steven Wilhite

SVP ・ Global Sales Management Dept.

・ Marketing and Sales Brand Management Office

・ Global Marketing Dept.

・ Global Infiniti Support Dept.

・ Global Marketing Dept.

・ Marketing and Sales Brand Management Office

Hitoshi Kawaguchi *2 (New)

SVP ・ Human Resources Dept. (incl. IHRD)

・ Diversity Development Office

・ President, Nissan Financial Services

Hidetoshi Imazu

SVP ・ Cost Reduction Promotion Office

・ Manufacturing and Industrial Engineering Div.

・ Oppama Plant, Tochigi Plant, Kyushu Plant, Yokohama Plant, Iwaki Plant

・ Overseas Parts Logistics Control Dept.

・ Manufacturing and Industrial Engineering Div. ・ Oppama Plant, Tochigi Plant, Kyushu Plant,

Yokohama Plant, Iwaki Plant

Kimiyasu Nakamura

SVP ・ Vehicle Design Engineering Div. No.3

・ Vehicle Performance Development Dept.

・ Body Engineering Dept.

・ Interior and Exterior Trim Engineering Dept.

・ Vehicle Design Engineering Div. No.3

・ Vehicle Component Engineering Div.

Minoru Shinohara *3 (New)

SVP ・ Integrated System Planning Office

・ Environmental and Safety Engineering Dept.

・ Technology Planning Dept.

・ Materials Engineering Dept.

・ Advanced Vehicle Engineering Div.

・ Electronics Engineering Div.

・ Nissan Research Center

Yo Usuba *4 (New)

SVP ・ Powertrain Engineering Div. ・ GM, Powertrain Project Planning Dept.

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(4) Major changes of VP’s responsibilities (Effective from April 1, 2005)

Name Title New responsibilities Current responsibilities Akira

Kaetsu

VP ・ V-up Promotion and Support Team

・ Work Efficiency Promotion and Support Team

・ V-up Promotion and Support Team

・ Work Efficiency Promotion and Support Team ・ Secretariat

Simon Sproule

VP ・ Global Communications, CSR and IR Div. ・ Global Communications and Investor Relations Div.

Jim Liberty *1 (New)

VP ・ International Human Resources Dept. ・ International Human Resources Dept.

Yasuaki Hashimoto

VP ・ GOM Planning Dept.

・ GOM Marketing and Sales (Asia, Oceania)

・ GOM Marketing and Sales Dept. No.1 (Asia, Oceania)

Shouichi Miyatani

VP ・ GOM Marketing and Sales (Middle East, Africa, Latin America and the Caribbean)

・ Franchise Support Dept.

・ Sales Operation Support Dept.

・ GOM Marketing and Sales Dept. No.2

(Middle East, Africa, Latin America and the Caribbean)

Shigeaki Kato *2 (New)

VP ・ New Vehicle Production Development Dept. ・ GM, Manufacturing Strategy Planning Dept.

John Griffiths *3 (New)

VP ・ SCM Div. ・ GM, SCM Planning Dept.

Shigeo Shingyouji

VP ・ Project Purchasing Dept. No.1, No.2

・ Parts and Material Purchasing Dept.

・ Purchasing Engineering Support Dept.

・ Service Support Purchasing Dept. No.1

・ Common Purchasing Dept.

・ RNPO

・ Project Purchasing Dept. No.1, No.2

・ Parts and Material Purchasing Dept.

・ Purchasing Engineering Support Dept.

・ Common Purchasing Dept.

・ RNPO

Hiroshi Moriya

VP ・ Purchasing Strategy Dept.

・ Service Support Purchasing Dept. No.2

・ Purchasing Strategy Dept.

Keiichi Murata

VP ・ Vehicle Design Engineering Div. No.2

・ Customer Oriented Engineering Dept.

・ Vehicle Project Test Dept.

・ Vehicle Test Technology Development Dept.

・ Measurement Engineering Dept.

・ Vehicle Design Engineering Div. No.2

・ Vehicle Performance Development Dept.

Akihiro Otomo *4 (New)

VP ・ Vehicle Design Engineering Div. No.1

・ Vehicle Component Engineering Div.

・ CVE, Vehicle Planning Dept. No.3

Haruyoshi Kumura *5 (New)

VP ・ Nissan Research Center ・ GM, Technology Research Laboratory No.3

Joji Masuda

VP ・ Vehicle Quality Promotion Dept.

・ Cost Engineering Div.

Shigeru Murata *6 (New)

VP ・ Program Director

・ Infiniti Development Program

・ Program Director

Andrew Palmer *7 (New)

VP ・ LCV Business Unit ・ GM, LCV Business Unit

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(5) Retiring SVP and VP (Effective on March 31, 2005)

Shuji Yamagata (To be proposed as EVP of Calsonic Kansei) Shigeo Ishida (To be proposed as President of JATCO)

Kuniyuki Watanabe (To be proposed as Vice President of Kasai Kogyo) Bernard Long (To return to Renault)

Akira Koyama (To be proposed as Executive Officer of VANTEC)

2. Other significant changes

(1) Major changes of RVP’s responsibilities (Effective from April 1, 2005)

Name Title New Responsibilities Current Responsibilities Kenzo

Kawase *1 (New)

RVP ・ Plant manager of Kyushu Plant ・ VP, Nissan Mexicana, S.A. de C.V.

*1：Newly appointed as RVP effective on April 1, 2005

(2) Retiring RVP (Effective on March 31, 2005)

Masataka Nogawa (To be proposed as SVP of Calsonic Kansei)

Hiroaki Tsugawa (To be appointed as Managing Director of Nissan Prince Kanagawa)

3. New candidates for Auditors

(1) New Appointments of Auditors (Effective on the date of approval by Annual Shareholders Meeting in June, 2005)

Hisayoshi Kojima (President of JATCO)

(2) Retiring Auditors (Effective on the date of Annual Shareholders Meeting in June, 2005)

Hiroshi Moriyama Hiroyasu Kan