NIS GROUP 
By To whom it may concern (Translation) May 25, 2011
Notice Regarding Changes in Representative Director and DirectorsNIS Group Co., Ltd. (the “Company”) hereby announces that the Company resolved the following changes in representative director and directors to be scheduled on June 28, 2011 at the board of directors’ meeting held today.
These changes are subject to approval at the 52nd Annual Shareholders’ Meeting to be held on June 28, 2011, and the change in representative director will be decided at the board of directors’ meeting to be held on the same day. 1. Change in representative director (1) Reason for the change In order to clarify where the responsibility for the consolidated financial results for the year ended March 31, 2011 lies. (2) Changes in the title of directorsNew Title | Name | Current Title |
Vice President and Director of the Board | Toshioki Otani | President and Representative Director of the Board |
President and Representative Director of the Board | Joji Harakawa | Outside Director of the Board |
(3) Name and career highlights of the new representative director
Name: Joji Harakawa Date of Birth: September 23, 1959 Number of Shares Owned: None Career Highlights: January 1999 Joined Credia Co., Ltd. December 2008 Representative Director of the Board of Phlox Co., Ltd. January 2009 Representative Director of the Board of AAD Co., Ltd April 2010 Representative Director of the Board of Neoline Capital Co., Ltd April 2010 Director of the Board of Neoline Holdings Co., Ltd. August 2010 Outside Director of the Board of the Company 2. Changes in directors Candidates for directors to be newly appointedName | Current Title |
Tatsuo Tanikawa | Head of Strategic Planning Department |
Yoshimasa Katsumata | - |
Takahiro Kondo | - |
Mr. Yoshimasa Katsumata and Mr. Takahiro Kondo are candidates for outside directors.
In addition, Makoto Miyoshi, Koji Suzuki, and Nobuyoshi Fujisawa, current directors, will resigned from their posts at the expiration of their terms as of the conclusion of the 52nd Annual Shareholders’ Meeting.
