Transfer of Directors of Major Group Companies

Nippon Paper Group, Inc. is pleased to announce that it has informally approved the following personnel changes involving the directors of major Group companies.

Nippon Paper Industries Co., Ltd.: as of September 30

1.Transfer of Director

Tetsumi Oko

Currently a Director and Deputy General Manager of Ishinomaki Mill
To be appointed a Director and General Manager of Iwanuma Mill

2.Resignation of Director

Kazuhiro Sakai

Currently a Director and General Manager of Iwanuma Mill
To be appointed President of Crecia Corporation (as of September 30)

3.Other Hidetsugu Yamada Currently General Manager of Komatsushima Mill

Hidetsugu Yamada	Currently General Manager of Komatsushima Mill To step down and take up an appointment as a Managing Director of Crecia Corporation (as of September 30)
Eiki Kobayashi	Currently Deputy General Manager of the Communication & Industrial Paper Sales Division To be appointed General Manager of Komatsushima Mill
Daisaku Matsukuma	Currently General Manager of the Quality Assurance Dept. To resign and be appointed President and Representative Director of GAC Co., Ltd. (as of September 30)

Crecia Corporation: as of September 30

1.Transfer of Executive Directors

Akihiko Hada	Currently President To step down and take up an appointment as a Corporate Advisor of Nippon Paper Industries Co., Ltd. (as of September 30)
Kazuhiro Sakai	Currently General Manager of Iwanuma Mill of Nippon Paper Industries Co., Ltd. To be appointed President

2.Newly appointed Directors

Hidetsugu Yamada	Currently General Manager of Komatsushima Mill of Nippon Paper Industries Co., Ltd. To be appointed a Managing Director
Hidehito Kano	Currently President and Representative Director of GAC Co., Ltd. To be appointed a Managing Director

GAC Co., Ltd.: as of September 30

1.Transfer of Executive Directors Hidehito Kano Currently President

Hidehito Kano	Currently President To step down and take up an appointment as a Managing Director of Crecia Corporation (as of September 30)
Daisaku Matsukuma	Currently General Manager of the Quality Assurance Dept. of Nippon Paper Industries Co., Ltd. To be appointed President