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Concerning the first public hearing involving a former president

Tokyo, October 6, 2004  — Today, public trials regarding the October 2002 accident caused by the failed clutch housing of a Fuso heavy-duty truck have begun. I once again offer my sincere regrets to the bereaved family and the prayer that the soul of the victim may rest in peace.

We, as a company, take very seriously the accusation of one of our former presidents in this case. As the trial progresses, we believe more facts concerning the case will become clear. We will follow the case closely, and will pay close attention to the outcome.

Regardless of the fact that this trial involves several individuals, the fact that concealed recall information contributed to this accident has made us realize the importance of corporate social responsibility. As part of this responsibility, we will do our utmost to comply with the wishes of the bereaved family.

Presently, as we promote post-market measures, we are also accelerating our internal investigation into the recall problems of the year 2000, which is being conducted by lawyers outside of the company, and we will treat those responsible in an appropriate manner. Through these activities, we will make efforts to prevent future recurrences, reform company quality and promote traffic safety.

Mitsubishi Motors Corporation
Yoichiro Okazaki
Chairman and CEO