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NEC Electronics Corporation Appoints New Corporate Auditor

Jun 16, 2003

KAWASAKI, Japan, June 13, 2003 -

NEC Electronics Corporation today announced the appointment of Yasuo Matoi to the position of corporate auditor. He has become one of the four corporate auditors of the company where he has been given the charter to strengthen the corporate governance performance of NEC Electronics with the other three auditors, Jiro Takashima, Akio Kurosaka, and Yasuyuki Shibata.

Prior to this appointment Matoi has been associate senior vice president of NEC Corporation, and has a long and extensive experience in accounting and finance. He joined NEC Corporation in 1968 and has spent most of his career at the company in controller division before he was appointed associate senior vice president in June 2001.

Matoi has a bachelor of degree in Economics from Kyoto University. He will retain his current position at NEC Corporation.

About NEC Electronics

NEC Electronics worldwide specializes in semiconductor products encompassing advanced technology solutions for the high-end computing and broadband networking markets, system solutions for the mobile handsets, PC peripherals, automotive and digital consumer markets, and platform solutions for a wide range of customer applications. NEC Electronics Corporation has 24 subsidiaries worldwide including NEC Electronics America, Inc. and NEC Electronics (Europe) GmbH. For additional information about NEC Electronics worldwide, visit http://www.necel.com. NEC Electronics Corporation is a wholly owned subsidiary of NEC Corporation (NASDAQ: NIPNY) (FTSE: 6701q.l), one of the world's leading providers of Internet, broadband network and enterprise business solutions.

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