SOURCE: RHJ International SA

February 19, 2007 12:07 ET

Change of Representative Executive Officer at Asahi Tec Corporation

BRUSSELS, BELGIUM -- (MARKET WIRE) -- February 19, 2007 -- 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 of representative executive officer.

A translation of the announcement published by Asahi Tec in Tokyo on February 19, 2007, is attached.

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.

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

The Company currently holds approximately 41.7% of Asahi Tec's issued and outstanding shares (not including the exercise of any stock acquisition rights).

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

FORWARD-LOOKING STATEMENTS 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.

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Copyright © Hugin ASA 2007. All rights reserved.

Contact Information

  • For further information, please contact :

    Arnaud DENIS
    Investor Relations Director
    RHJ International
    e-mail :