Proposed revision of Company Articles of Incorporation to convert to a 'Company with Committees'

28 Feb 2008

1. Board Resolution

The Board of Nippon Sheet Glass Co., Ltd. ( “the Company” ) decided at its Board meeting of today to begin a formal review of the Company’s Articles of Incorporation with the intention of converting from a Company with a Board with Statutory Auditors into a Company with Committees.

The Board believes this will strengthen corporate governance and establish a decision-making process more appropriate to a large global company.

2. Schedule of implementation

The necessary amendment to the Company’s Articles of Incorporation will require the agreement of shareholders and this will be sought at the Company’s Annual Shareholders’ meeting in June 2008.