Directorate Change

RNS Number:3197K
Kobe Steel Ld
24 April 2003



NEWS RELEASE



Executive Changes at Kobe Steel



TOKYO (April 24, 2003) - Kobe Steel, Ltd. announces changes in its
representative directors.  These decisions were reached at the Board of
Directors' meeting held today.



Masahiro Kumamoto, Chairman of the Board and Representative Director, plans to
retire in late June.  He will be appointed Senior Advisor to the company.


Executive Officer Shinji Yano, currently President of Kobe Steel's Aluminum &
Copper Company, will be appointed Executive Vice President and Representative
Director of Kobe Steel in late June.  He will continue in his capacity as
President of the Aluminum & Copper Company.



President and Chief Executive Officer Koshi Mizukoshi, Executive Vice President
Tsuguto Moriwaki, and Executive Vice President Yasuo Inubushi will continue as
representative directors of Kobe Steel.




Media Contact:



Gary Tsuchida
Communication Center
Kobe Steel, Ltd.
9-12 Kita-Shinagawa 5-chome
Shinagawa-ku, Tokyo 141-8688
Japan


Tel [phone]
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