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Date: 2013-08-01

President of the National Assembly of France Visits NTN (Pic)

NTN Corporation (NTN) received a visit from Mr. Bernard Accoyer, the President of the National Assembly of France, on September 3, 2008. The following is a summary of Mr. Accoyer's visit.

The visit was made after Mr. Accoyer and his party attended the G8 Speakers' Meeting in Hiroshima, which was held on August 2. They visited NTN's facilities in the Kuwana area of Mie prefecture, including the Kuwana R & D Center, Kuwana Works and NTN Mie Corp.

The R & D Center showed exhibits and explained about NTN products expected to be in brisk demand, including those used for wind power generation, rolling stock, construction machinery (resource development and mining machinery), aircraft and automobiles. Particular emphasis was placed on the automotive products which were jointly developed with SNR (a leading bearing manufacturer in France of which NTN owns 51 %) and on the research and development facilities with its advanced testing devices and equipment.

Kuwana Works, the mother plant of NTN's industrial machinery bearings, showed the heat-treating and manufacturing processes of ultra large bearings, which are used in wind power turbines. At NTN Mie, the model plant of NTN's bearing production, the party observed carefully various activities which support NTN's manufacturing capability and innovation as well as manufacturing processes that utilize the latest production technology. Mr. Suzuki, the chairman and CEO of NTN, invited Mr. Accoyer's party to Rokkaen, where the party enjoyed traditional art and culture such as the Japanese tea-ceremony and origami (art of paper folding).



During Mr. Accoyer's visit, discussion and opinion were exchanged on a wide range of topics covering global market development, revitalization of industry and the economy through collaboration between Japan and France, and strengthening energy-creating partnerships such as NTN's venture with SNR. Regarding synergies with SNR, discussion centered on 1) collaboration in the industrial machinery sector (capital expenditures to the industrial machinery sector in France and partnerships with NTN's manufacturing bases at Kuwana and Mie), 2) sales increase in Europe and other markets where growth is expected, and 3) promotion of technical integration and partnerships in research and development(*).

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