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RHJ International: Notice of Change in Directors and Executive Officers at Asahi Tec Corporation

RHJ International: Notice of Change in Directors and Executive Officers at Asahi Tec Corporation

BRUSSELS, BELGIUM -- (MARKET WIRE) -- 11/15/07 -- RHJ International (the "Company"), a limited liability company organized under the laws of Belgium, having its registered office at Avenue Louise 326, 1050 Brussels, announces that Asahi Tec Corporation ("Asahi Tec"), today filed with the Tokyo Stock Exchange a notice of change in Directors and executive Officers.

A translation in English of the announcement published by Asahi Tec in Tokyo on November 15, 2007 is available on Asahi Tec's website using the following link:


Asahi Tec Corporation is one of the current seven portfolio companies of the Company. Asahi Tec Corporation, established in 1938, primarily designs, manufactures and sells ductile iron cast auto parts for truck and construction machinery OEMs, aluminium casting parts for truck automobile OEMs and aluminium wheels for automobile OEMs. Asahi Tec also designs, manufactures and sells environmental systems, equipment and development technologies used by local governments and municipalities and electrical hardware and equipment used by electricity generators. Its subsidiary, Metaldyne, is a leading global designer and supplier of metal-based components, assemblies and modules for transportation related powertrain and chassis applications including engine, transmission/transfer case, wheel- end and suspension, axle and driveline, and noise and vibration control products to the motor vehicle industry. It is headquartered in Plymouth, Michigan.

Asahi Tec has annual revenues of approximately $2.7 billion and employs approximately 10,000 employees at 55 facilities in 15 countries. For more information, please visit www.asahitec.co.jp and www.metaldyne.com.

Asahi Tec Corporation is listed on the first section of the Tokyo Stock Exchange under the ticker 5606.

The Company currently holds approximately 37% of Asahi Tec's issued and outstanding shares (not including the exercise of any stock acquisition rights).


This announcement does not constitute an offer or invitation to purchase any securities.


The attached announcement contains forward-looking statements. All statements other than statements of historical fact are statements that could be deemed forward-looking statements. These statements are based on the current plans, estimates and projections of Asahi Tec Corp. as well as on its expectations of external conditions and events. Forward-looking statements involve inherent risks and uncertainties and speak only as of the date they are made. Neither the Company nor Asahi Tec Corp. undertakes to update any of the statements in light of new information or future events, except to the extent required by applicable law.

For further information, please contact:

Arnaud DENIS
Investor Relations Director
RHJ International
e-mail : [email protected]

Complete press release (PDF format): http://hugin.info/135946/R/1168631/229767.pdf

Copyright © Hugin ASA 2007. All rights reserved.

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