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News Release

March 30, 2004

Establishment of Shanghai Representative Office
for Fine Carbon Products

Tokai Carbon Co., Ltd. is pleased to announce the opening of a representative office for Fine Carbon products in Shanghai, China.

Name of the Office : Tokai Carbon Co., Ltd. Shanghai Representative Office
Inauguration : March 30, 2004
Location : Room#3728, Nanzheng-Dasha, 580, NanjingXi-lu, Shanghai, China

Background :

Tokai Carbon's Fine Carbon products are widely used as heat resistant and electrical material in the semi-conductor industry and the mould industry. With the prospect of continuing large investments in the booming Chinese market by such industries, a significant increase in demand for Fine Carbon products is expected to accompany.
  In view of such situation, Tokai Carbon Co., Ltd. will establish a representative office in Shanghai to intensively promote our Fine Carbon products, to sufficiently provide our customers with technical support, and for efficient collection of market information. This office will act as our foothold for cementing our position and to further expand our business in the Chinese market.

For inquiries, contact

Mr.Serizawa at +81-3-3746-5223
General Manager, Sales Department, Fine Carbon Division

Mr.Kanai at +86-21-6218-1010
Deputy General Manager, Shanghai Representative Office