Company information dated April 1, 2008

Personnel Change of President

CITIZEN HOLDINGS CO.,LTD. has appointed Mr. Mitsuyuki Kanamori as president to replace Mr. Makoto Umehara as of April 1, 2008.

Personnel Change of Director

Mr. Toshio Koga has been appointed as Senior Managing Director of CITIZEN HOLDINGS CO.,LTD. as of April 1, 2008.

Change of Trade Name

The company name of SAYAMA PRECISION CO.,LTD., which is a consolidated subsidiary of CITIZEN HOLDINGS CO.,LTD., has been changed to CITIZEN SAYAMA CO., LTD. as of April 1, 2008.

Integration of Subsidiaries

The businesses of CITIZEN DISPLAYS CO., LTD., which is a consolidated subsidiary of CITIZEN HOLDINGS CO.,LTD., and CITIZEN ELECTRONICS CO., LTD. have been integrated as of April 1, 2008.

Contact information

TEL: 81-(0)42-466-1232
Corporate Communications Division,
Citizen Holdings Co., Ltd.