Notice on Representative Director and Chief Executive Officer

Dear Sir or Madam, I would like to thank you for your continued cooperation Thank you very much for your continued patronage Well I At the general shareholders’ meeting held September 30, 2007, I resigned from the president as president Thank you very much for your gratitude for your long-term entertainment for many years during my tenure as president As for successor Masayuki Kudo thank you for your kind assistance as I would like First of all it is a brief but I would like to say a few words in the letter Best regards October, Heisei 17 GSI Co., Ltd. Director Managing Director Naoki Izumi         Dear Sirs, I would like to extend my sincere gratitude to you for your continued prosperity Well I As a successor of Naoki Izumi at the general shareholders’ meeting held September 30, 2007, it was decided to become the president representative director Hana Hadahira We accepted this big prize though we are willing to make efforts to develop a uniquely concentrating business Please give us your guidance and support as well as your predecessor First of all it is a brief but I would like to say a few words in the letter Best regards October, Heisei 17 GSI Co., Ltd. President and Representative Director Masayuki Kudo