News Release
Announcement Regarding Changes to the Management of Fuji Electric Co., Ltd. and the Agenda Item to be Proposed at the Company’s Ordinary General Meeting of Shareholders

March 22,2012
Fuji Electric Co., Ltd.

Fuji Electric Co., Ltd. announced its decision today to put forward candidates for the position of director and auditor following a meeting of its Board of Directors held on March 22, 2012. Brief details are presented as follows.

The appointment of candidate directors and auditors is subject to approval by the Board of Directors at a meeting to be held following the Company’s Ordinary General Meeting of Shareholders scheduled for the end of June 2012.

1. Directors

* [ ] current title

Reappointed, promoted and newly appointed Director

Resigning Directors

2. Auditors

Not re-elected, reappointed and newly appointed auditor

Resigning Auditors