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Narita International Airport Corporation announces new President and CEO

Analysis

Narita International Airport Corporation appointed (22-Jun-07)

Mr Kosaburo Morinaka as new President and CEO, effective 22-Jun-07. Mr Morinaka

takes over from Mr Masahiko Kurono, who steps down on 22-Jun-07 after completing

his appointed term. Mr Kurono will continue to serve at NAA as Senior Executive

Advisor.

"I have been using Narita Airport for a long time as a customer, and I am excited to become involved in one of the most important gateway airports in Asia. I am very proud to have been appointed and I am delighted to be able to contribute to Japan's future," said Mr Morinaka.

Before joining NAA, Mr Morinaka was a Member of the Board at Sumitomo Corporation. Prior to that he was Executive VP at Sumitomo Corporation. Meanwhile, Mr Harubumi Kobori, Senior VP, has been promoted to Senior Executive VP.

Narita Airport is owned and operated by Narita International Airport Corporation. The company is the successor to Narita Airport Authority after privatization in 2004. The airport handled 35 million passengers and 2.2 million tons of cargo last year.

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