Directors and Executive Officers to Be Appointed New Positions

Tokyo, March 29, 2005 – Kawasaki Heavy Industries, Ltd. (the "Company") today announced that the following directors and the executive officers will be appointed to the following positions effective April 1, 2005.

Directors

    Tadaharu Ohashi
    Senior Executive Vice President *

    Masatoshi Terasaki
    Senior Executive Vice President *

      *Representative Director

Executive Officers

    Yasumitsu Kurosaki
    Vice President
    Consumer Products & Machinery Company
        &
    General Manager, Robot Division

    Shoji Aoki
    General Manager
    Corporate Business Development Division

    Shuji Mihara
    Senior Manager
    Personnel & Labor Administration Department

    Jiroh Noguchi
    Senior Manager
    Corporate Planning Department

    Norio Tanaka
    Senior Manager
    Osaka Office, Corporate Business Development Division

    Kazuhiko Mishima
    Vice President
    Rolling Stock & Construction Machinery Company
      &
    General Manager, Construction Machinery Division

    Masashi Segawa
    President
    Rolling Stock & Construction Machinery Company

    Satoshi Hasegawa
    Vice President
    Gas Turbine & Machinery Company
      &
    General Manager, Gas Turbine Division

    Akira Hattori
    Vice President
    Rolling Stock & Construction Machinery Company

    Yuichi Asano
    Vice President
    Gas Turbine & Machinery Company
      &
    General Manager, Manufacturing Center, Machinery Division

    Shinichi Suzuki
    Vice President, Aerospace Company

    Shigeru Murayama
    Vice President, Aerospace Company

    Mitsutoshi Takao
    Senior Manager, Finance & Accounting Department

    Toru Yamaguchi
    In charge of Kawasaki Machine Systems, Ltd.

The Company also announced today that it will propose the following Corporate Auditors be elected at the Shareholders’ General Meeting to be held in late June 2005.

Candidates for Corporate Auditors

    Akira Tanoue (currently Senior Manager, Legal Department)
    Kenzo Doi, Lawyer **
    Hiroshi Kawamoto **(currently Corporate Auditor)

Retiring Corporate Auditors

    Yoshitsugu Wada
    Mitsugi Maeda **

Candidate for the substitute Corporate Auditor

    Tomoko Sasaki, Lawyer **

      **Outside Auditor