June 25, 1999

Nissan Announces Top Management and Organization Changes

Tokyo --- Nissan Motor Co., Ltd. announced its new top management as approved at the General Stockholders' Meeting and officially appointed at the Board Members' Meeting held on June 25. The company also announced the new responsibilities of executives effective July 1, 1999.

1. The members of the board
* New appointment

Representative Board Member,	Yoshikazu Hanawa
Chairman and President
*Representative Board Member	Carlos Ghosn
Representative Board Member	Kanemitsu Anraku
Board Member	Hiroshi Moriyama
Board Member	Hisayoshi Kojima
Board Member	Itaru Koeda
Board Member	Nobuo Okubo
Board Member	Norio Matsumura
*Board Member	Patrick Pélata
*Board Member	Thierry Moulonguet

2. The corporate officers

(* appointed at the Board Members' Meeting following the General Stockholders' Meeting)

Yoshikazu Hanawa	Chief Executive Officer
*Carlos Ghosn	Chief Operating Officer
Kanemitsu Anraku	Executive Vice President
Kensho Kusumi	Executive Vice President
Hiroshi Moriyama	Executive Vice President
Hisayoshi Kojima	Executive Vice President
Itaru Koeda	Executive Vice President
Nobuo Okubo	Executive Vice President
Norio Matsumura	Executive Vice President
*Patrick Pélata	Executive Vice President
Akio Shinohara	Senior Vice President
Akio Tenmei	Senior Vice President
Toshinaga Koizumi	Senior Vice President
Iwao Nakamura	Senior Vice President
Hajime Kawasaki	Senior Vice President
Yoshi Iwashita	Senior Vice President
Shigeru Takagi	Senior Vice President
*Thierry Moulonguet	Senior Vice President
Nobuo Araki	Senior Vice President
Masahiko Aoki	Senior Vice President
Tadao Takahashi	Senior Vice President
Ryoso Kodama	Senior Vice President
*Eiichi Abe Senior	Vice President
*Tetsuaki Abe	Senior Vice President
*Kuniaki Sasaki	Senior Vice President
*Akihiro Kojima	Senior Vice President
*Ian Gibson	Senior Vice President
*Takashi Kitajima	Senior Vice President
*Shuji Yamagata	Senior Vice President
*Eiji Imai	Senior Vice President

3. Retired from the board

<Effective June 24>

Name and present position	New position
Tetsuo Tabata Board Member	To be appointed as President, Nissan Trading Co. Ltd.
Yukio Shimada Board Member	To be appointed as EVP, Calsonic Corporation and Director, Kansei Corporation
Kazutaka Kobatake Board Member	To be appointed as President, Nissan Shatai Co., Ltd.
Koichiro Fujii Board Member	To be appointed as President, Nissan Prince Tokyo Sales Co., Ltd.
Susumu Miyata Board Member	President, Ikeda Bussan Co., Ltd.
Minoru Nakamura Board Member	To be appointed as President, Nissan Car Leasing Co., Ltd.
Masao Horie Board Member	To be appointed as EVP, Nissan Diesel Motor Co., Ltd.
Shigeru Matsumoto Board Member	EVP, Nissan Prince Osaka Sales Co., Ltd.
Shinsuke Okuno Director	To be appointed as President, Vantec Corporation and President, Overseas Air Cargo Co., Ltd.
Yasuhiko Nakagawa Board Member	To be appointed as Senior Managing Director, Clarion Co., Ltd.
Toshisuke Fukuyoshi Board Member	To be appointed as President, Yokohama Nissan Motor Co., Ltd.
Kiyoshi Ishibashi Board Member	To be appointed as President, Transtechnology Co., Ltd.
Atsushi Fujii Board Member	President, Xanavi Informatics Corporation

<Effective June 25> (except corporate officers newly appointed)

Name and present position	New position
Yoshifumi Tsuji Board Member, Chairman	Counselor, Nissan Motor Co., Ltd.
Tsutomu Sawada Board Member	To be appointed as senior executive of Renault
Kosei Minami Board Member	Advisor, Nissan Motor Co., Ltd.
Tadahiro Shirai Board Member	Advisor, Nissan Motor Co., Ltd.
Yutaka Suzuki Board Member	To be appointed as senior executive of Renault

4. Retired auditor

<Effective June 24>

Name and present position	New position
Yasuhiko Misaka Auditor	To be appointed as Auditor(full-time), Autech Japan, Inc.

5. New line-up of corporate officers and their responsibilities

Effective July 1, 1999

Name and Title	Responsibilities
Yoshikazu Hanawa Chief Executive Officer
Carlos Ghosn Chief Operating Officer	TQM Promotion Dept. Corporate Communications Dept. Legal Dept.
Kamemitsu Anraku Executive Vice President	Administration Group
Kensho Kusumi Executive Vice President	External and Government Affairs Dept.
Hiroshi Moriyama Executive Vice President	Domestic Marketing and Sales Group; Marketing and Sales Planning Dept. Parts Division
Hisayoshi Kojima Executive Vice President	Manufacturing and Engineering Group Powertrain Operations Group
Itaru Koeda Executive Vice President	Purchasing Group
Nobuo Okubo Executive Vice President	Technology and Engineering Development Group; Resource Management Division; GM, Resource Management Division Norio Matsumura Overseas Operations Group; Executive Vice President Americas Operations Division; GM, Americas Operations Division European Operations Division; GM, European Operations Division
Patrick Pélata Executive Vice President	Planning Group; Corporate Planning Dept. Design Division
Akio Shinohara Aerospace Division;	Senior Vice President GM, Aerospace Division Marine Division
Akio Tenmei Senior Vice President	Nissan Business College Nissan Institute of Mechanic and Business Fleet Sales and Sales Promotion Dept. Parts Division TU-KA (Mobile Communications) Business Dept.
Toshinaga Koizumi Senior Vice President	Overseas Operations Support Dept. Middle East and Africa Operations Division; GM, Middle East and Africa Operations Division
Iwao Nakamura Senior Vice President	Customer Service Division Vehicle Experiment Group Environmental and Safety Engineering Dept. Vehicle Engineering Division; GM, Vehicle Engineering Division Electronics Engineering Division; GM, Electronics Engineering Division
Hajime Kawasaki Senior Vice President	Tochigi Plant (Powertrain Operations Group) Powertrain Operations Division; GM, Powertrain Operations Division Yokohama Plant Iwaki Plant
Yoshi Iwashita Senior Vice President	Overseas Planning Dept. Asia and Oceania Operations Division; GM, Asia and Oceania Operations Division Chairman, Nissan Motor Co.(Australia)Pty. Ltd.Chairman, Nissan Casting Australia Pty. Ltd.
Shigeru Takagi Senior Vice President	Production Engineering Division; GM, Production Engineering Division Recycling Promotion Dept.
Thierry Moulonguet Senior Vice President	Finance Dept. Treasury Dept. Cost and Profit Management Dept. Internal Audit Room
Nobuo Araki Senior Vice President	Chairman and President, Nissan North America, Inc. Chairman, Nissan Canada Inc. Chairman, Nissan Motor Manufacturing Corp. U.S.A Chairman, Nissan Mexicana S.A. de C.V. Chairman, Nissan Motor Acceptance Corporation
Masahiko Aoki Senior Vice President	Corporate Systems Planning Dept. Business Systems Dept. Digital Communication Office General Support Dept. Human Resources Development Dept. GM, Human Resources Development Dept.
Tadao Takahashi Senior Vice President	Manufacturing and Industrial Engineering Division GM, Manufacturing and Industrial Engineering Division Oppama Plant Murayama Plan Tochigi Plant (except Powertrain OperationsGroup) Kyushu Plant
Ryoso Kodama Senior Vice President	Industrial Machinery Division GM, Industrial Machinery Division
Eiichi Abe Senior Vice President	Nissan Research Center GM, Nissan Research Center
Tetsuaki Abe Senior Vice President	Used Car Operation Dept. Service Development Dept. Dealer Development and Support Dept. Advertising Dept. Domestic Product Planning and Marketing Dept. Marketing and Sales Operation Support Dept.
Kuniaki Sasaki Senior Vice President	Administration Dept. for Affiliated Companies
Akihiro Kojima Senior Vice President	Dealer Support Dept. No.1 Dealer Support Dept. No.2 Dealer Support Dept. No.3 Dealer Support Administration Dept. Marketing and Sales Promotion Dept. No.1 Marketing and Sales Promotion Dept. No.2
Ian Gibson Senior Vice President	President, Nissan Europe N.V. Chairman, Nissan Motor Manufacturing (UK) Ltd. Chairman, Nissan Motor Ibérica, S.A.
Takashi Kitajima Senior Vice President	Purchasing Administration Dept.; GM, Purchasing Administration Dept. Materials and Machinery Purchasing Dept. Purchasing Engineering Support Dept. Parts Purchasing Dept. No.1 Parts Purchasing Dept. No.2 Support/Services Purchasing Dept. No.1 Support/Services Purchasing Dept. No.2
Shuji Yamagata Senior Vice President	Engineering System Dept. Vehicle Development Division
Eiji Imai Senior Vice President	Product Planning Division; GM, Product Planning Division

6. Main Points of the Organizational Changes

The company will implement three major organizational changes effective July 1 with the aim of promoting various activities related to its global business reform and the alliance with Renault.

(1) Reorganization of product and design functions to create attractive products efficiently.

(2) Reorganization of product planning and manufacturing functions to achieve higher levels of QCD (quality, cost, and delivery), namely to improve quality, lower costs, and improve delivery.

(3) Reorganization of corporate planning and administrative functions to achieve a "small head office."

The main points of the changes are as follows.

(1) Reorganization of Product and Design Functions to Create Attractive Products Efficiently

Establishment of the New Planning Group

Product and market planning and design development functions will be separated from the Development Group and reorganized into a new Planning Group. This new structure will enable the company to create attractive products in a timely manner by unifying product planning and corporate planning functions.

A Product and Market Planning Division will be established to improve and strengthen product and market strategy planning functions by region and product strategy planning by vehicle class on a global level.

An Alliance Coordination Office will be established in the Corporate Planning Office. This new office will serve as the Nissan-side administrative office to manage the Global Alliance Committee (GAC) and Cross-Company Teams (CCT) that have been established to make the most of the synergy effects of the Nissan-Renault alliance.

(2) Reorganization of Product Planning and Manufacturing Functions to Achieve Higher Levels of QCD

1.Development Division, Production and Engineering Division, and Customer Service Division will be consolidated into a new Technology and Engineering Development Group

These divisions will be consolidated to further shorten development processes, reduce technical costs, and strengthen the quality assurance system.

To enhance the benefits of the consolidation, a new Resources Administration Division will be established to centralize control of management resources.

2.Establishment of New Manufacturing and Industrial Engineering Division

A new Manufacturing and Industrial Engineering Division will be established to unify the structure for administering global QCD functions, and the overseas support, maintenance engineering, and quality groups of the Production Engineering Division will be transferred to this new division.

3.Divisional integration of powertrain development - manufacturing functions

A new Powertrain Operations Group will be established to strengthen the product, cost, and quality competitiveness of powertrains, ensure timely supply of powertrains for vehicle production, and promote sales outside the company. With a newly established Powertrain Operations Division as the nucleus, the new operations group will be created to integrate development and production functions. This group will include the Yokohama Plant and Iwaki Plant.

4.Centralization of Purchasing Functions

Various purchasing functions (determination of prices and suppliers) currently being performed outside the Purchasing Division will be brought together to reduce costs throughout the company by taking advantage of the Purchasing DivisionĠs expertise in cutting costs.

(3) Reorganization of Corporate Planning and Administrative Functions to Achieve a "Small Head Office"

1.Reorganization of corporate planning and administrative functions

Business Reform Promotion Department and the property development work of the Administration Department will be integrated into a new Business Reform Group created in the Finance Department.

The Administration Department, Osaka Branch, and Kyushu Branch will be abolished and the various activities of these organizations will be transferred to other departments.

2.Promotion of outsourcing

Part of the work of the Business Reform Promotion Department, Finance Department, and Administration Department will be transferred to affiliated companies. Furthermore, part of the Human Resources Development Department and Nissan Technical College will be spun off to create new companies.