Nippon Paper Chemicals Co., Ltd. is pleased to announce the following personnel changes involving directors at the fifth annual general meeting of shareholders, held today on June 21, 2007.
The new management can be viewed in Company Profile section under Organization.

1. Transfer of President

None

2. Transfer of Directors

Masamori Yoshii	Currently a Managing Director, General Manager of Sales Division and Assistant to President (in charge of Personnel & General Affairs Department and Accounting & Budgeting Department) To be appointed a Senior Managing Director, General Manager of Sales Division and Assistant to President (in charge of Personnel & General Affairs Department and Accounting & Budgeting Department)
Shinji Kumakiri	Currently a Director, Deputy General Manager of Sales Division and General Manager of Sales Department 2 To be appointed a Managing Director, Deputy General Manager of Sales Division and General Manager of Sales Department 2
Yusuke Makita	Currently a Director, Deputy General Manager of Sales Division and General Manager of Sales Department 1 To be appointed a Managing Director, Deputy General Manager of Sales Division and General Manager of Sales Department 1
Kuniaki Monden	Currently a Director and Deputy General Manager of Technical Division To be appointed a Director and General Manager of Gotsu Works

3. Newly Appointed Directors

Kazutoshi Kinoshita	Currently General Manager of Sales Department 3 To be appointed a Director
Jun Ichige	Currently General Manager of Accounting & Budgeting Department of Financial Division of Nippon Paper Industries Co., Ltd. To be appointed a Corporate Auditor (part-time) and General Manager of Accounting & Budgeting Department of Financial Division of Nippon Paper Industries Co., Ltd. (concurrent)

4. Retiring Directors

Hideki Tani	Currently a Director and General Manager of Gotsu Works
Shinichiro Inoue	Currently a Corporate Auditor (part-time)