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May 23,2001

Changes in Presidency of Fuji Heavy Industries Ltd.


Fuji Heavy Industries Ltd. announced the following appointments.

These appointments will become effective at the Board of Directors Meeting following the General Stock Holders' Meeting scheduled at the end of June,2001.

Name and New Position Present Position
Takeshi Tanaka
Chairman and CEO
President & CEO
Kyoji Takenaka
President and COO
Vice President
Resume
Name : Kyoji Takenaka
Date of Birth : November 28,1946
Business experience:
April,1969 : Joined Fuji Heavy Industries Ltd.
June,1988 : Staff General Manager of Product Planning Office
February,1991 : Staff General Manager of Product Planning Division
June,1995 : Project General Manager of Subaru Development & Engineering Division
June,1999 : Vice President, Project General Manager of Product Planning Office and General Manager of Special Version Development Department
April,2000 : Vice President, Senior General Manager of Corporate Planning Division,
and General Manager of Alliance Promotion Office
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