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Hitachi Records Valuation Allowance Against Deferred Tax Assets and Unconsolidated-Basis Losses on Write-Downs of Subsidiaries Shares

Tokyo, January 30, 2009 – Hitachi, Ltd. (NYSE:HIT / TSE:6501) today announced that the Company plans to record a valuation allowance against deferred tax assets for fiscal 2008, year ending March 31, 2009. Additionally on an unconsolidated basis, the Company plans to recognize losses related to write-downs of subsidiaries shares.

Hitachi Announces Performance Improvement Measures

Tokyo, January 30, 2009 – Hitachi, Ltd. (NYSE:HIT / TSE:6501) today announced that it would rigorously pursue the following measures designed to improve profitability and spur future growth in the face of a rapidly changing operating environment. Hitachi is determined to implement far-reaching structural reforms while at the same time using its advanced technologies to address needs related to social, industrial, life and information infrastructure, fields that are expected to see growth over the medium and long terms worldwide.

FIRST PRODUCTION UNITS OF HITACHI CLASS 395 TRAINS FOR HS1 SERVICE EMBARK ON JOURNEY FROM JAPAN TO UK ON TIME

LONDON, 9 DECEMBER 2008 – Hitachi Rail Group (Hitachi) today announced that the first production standard sets of new Class 395 trains for Southeastern's high speed service have been shipped from their factory in Kasado, Japan. The shipment follows successful testing of the first four units on the High Speed 1 line between Ashford and St Pancras and on the Kent DC network.

EASYDENTIC GROUP TO DEPLOY HITACHI FINGER VEIN SECURITY SOLUTIONS AS CORE DEVICES FOR ITS SECURITY SERVICES

London, UK – Hitachi Europe Ltd. announced today that Easydentic Group, leader in biometrics, visual recognition and visual mobility technology for enterprise security, selected Hitachi's finger vein security solutions for Biovein. Easydentic's R&D division Eden is using Hitachi's ground-breaking finger vein authentication system in the form of physical door access systems in their Biovein product, which was developed using Eden's market leading technology expertise.

HITACHI CELEBRATES SUCCESSFUL FIRST ANNIVERSARY FOR ASHFORD TMC

ASHFORD, 1 OCTOBER 2008 – Hitachi Rail Group (Hitachi) today celebrates the first anniversary of its state-of-the-art Ashford Train Maintenance Centre (TMC), which was opened 12 months ago by Ruth Kelly, the Secretary of State for Transport. Over the past year the TMC has attracted over 3,500 visitors from the UK, Europe and Japan's rail industry and has so far created 47 jobs for local employees.

HITACHI EUROPE AND ELKART SIGN PARTNERSHIP DEAL TO ROLL OUT SECURITY SOLUTIONS IN POLAND

Warsaw, Poland, August 14th 2008, Hitachi Europe Ltd. and ELKART Systemy Kart Elektronicznych Sp. z o.o. in Poland have signed a partnership agreement to develop new IT security-related business in the banking and government sectors in the Polish IT market. The agreement covers Hitachi's smart card solutions based on the Secure MULTOS platform for banking and public administration related applications, as well as Hitachi's award winning Finger Vein Authentication System.

Hitachi secures contract to supply a Flue Gas Desulphurisation (FGD) system for Elektrownia “Kozienice” S.A. in Poland

Tokyo, July 17, 2008. Hitachi, Ltd. (NYSE:HIT / TSE:6501) today announced that it has secured an order for the construction of a Fuel Gas Desulphurisation (FGD) system for the Kozienice coal-fired power plant unit no.10 (500MW) near Warsaw in Poland in partnership with Energo Montaz. Polnoc S.A.( EMP) The total contract amount is EURO net 77,33 million (Approx. PLN 260,86 million) and commercial operations will commence from the beginning of 2011.

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