INTERCITY EXPRESS PROGRAMME FINANCIAL CLOSE PAVES WAY FOR HITACHI INVESTMENT IN RAIL MANUFACTURING AND ASSEMBLY PLANT

London, July 25, 2012 – Hitachi, Ltd. (TSE: 6501, "Hitachi") today announced that the Department for Transport and Agility Trains (the bidding consortium Hitachi formed with its partner John Laing) have reached financial close for the Intercity Express Programme (IEP).