Directors and Executive Officers to Change

Tokyo, February 22, 2010 — Kawasaki Heavy Industries, Ltd. has announced that, based on decisions made at a Board of Directors meeting earlier today, the following Representative Directors will be appointed new positions effective April 1, 2010:

Nobumitsu Kambayashi

Senior Vice President ⁺

(currently Senior Vice President *)

concurrently to be appointed

President, Kawasaki Shipbuilding Corporation

Chikashi Motoyama

Director

(currently Senior Vice President *)

  *Representative Director

  ⁺Part-time

The Kawasaki Board of Directors also decided today that Toshikazu Hayashi, President of Kawasaki Plant Systems, Ltd., Makoto Sonoda, President of Kawasaki Precision Machinery Ltd., and Managing Executive Officer Shigeru Murayama will be nominated as Directors at the Kawasaki Shareholders’ Meeting in late June 2010. Subject to approval at that meeting, Murayama will then be appointed Senior Vice President. Also in late June, Motoyama will resign as Director to become an Advisor.

New directors to be nominated

Toshikazu Hayashi

President, Kawasaki Plant Systems, Ltd.

Makoto Sonoda

President, Kawasaki Precision Machinery Ltd.

Shigeru Murayama

Managing Executive Officer

Retiring director

Chikashi Motoyama

Projected Board of Directors

(effective in late June 2010)

Tadaharu Ohashi

Chairman

Satoshi Hasegawa*

President

Shuji Mihara*

Senior Executive Vice President

Masashi Segawa*

Senior Executive Vice President

Mitsutoshi Takao*

Senior Vice President

Yuichi Asano*

Senior Vice President

Nobumitsu Kambayashi⁺

Senior Vice President

Kyohei Matsuoka*

Senior Vice President

Hiroshi Takata*

Senior Vice President

Shigeru Murayama*

Senior Vice President

Toshikazu Hayashi⁺

Director

Makoto Sonoda⁺

Director

  *Representative Director

  ⁺Part-time

In addition, the Company also announced that the following management changes will become effective April 1, 2010:

New executive officers to be appointed

Minoru Akioka

Deputy General Manager

Corporate Planning Division

Yukinobu Kono

Senior Manager

Electric System Department

System Technological Development

 Center Corporate Technology Division

Nobuyoshi Kobayashi

General Manager

Industrial Facilities and Tunneling Equipment Division

Masafumi Nakagawa

General Manager

Marketing & Sales Division

Consumer Products & Machinery Company

Retiring executive officers

Akira Hattori

Sumihiro Ueda

Wataru Kanamori

Yutaka Shimomura