News Release

September 12, 2006
Hitachi Chemical Co., Ltd.

Hitachi Chemical Selected as a Member of the Dow Jones Sustainability World Index for the Second Consecutive Year

Hitachi Chemical Co., Ltd. (Head office: Tokyo, President & CEO: Yasuji Nagase, Paid-in Capital: 15.4 billion yen, hereafter "the Company") has been selected as a constituent member of the Dow Jones Sustainability World Index (DJSI World), one of the major indices for Socially Responsible Investment (SRI), for the second consecutive year.

The DJSI World is one of several Dow Jones Sustainability Indexes (DJSI), the series of SRI indexes developed jointly by Dow Jones & Company in the U.S., the Sustainable Asset Management (SAM) Group in Switzerland, and STOXX Limited in Switzerland. The Dow Jones Sustainability Indexes assess the performance of companies worldwide according to economic, environmental and social criteria, and select leading companies in their respective industry group. The annual review is carried out in September and the 2006 index includes 318 companies (effective September 18) from 23 countries, of which 39 are Japanese companies, including Hitachi Chemical.

To achieve sustainable development supported by the trust of stakeholders, businesses must fulfill their corporate social responsibility. In fiscal 2006, the Company is focusing on CSR activities with the participation of all parties. Encouraged by being chosen for the index for the second year, the Company will intensify its efforts to further improve its compliance, corporate governance, environmental preservation as well as social contribution activities, thus helping to build a prosperous and vigorous society through the development of new products and a range of business activities.

Major SRI indices that include Hitachi Chemical Co., Ltd.

Dow Jones Sustainability World Index (Dow Jones & Company, etc.) U.S., etc. Since Sept. 2005
FTSE4Good Global Index Series (FTSE) U.K. Since March 2004
Morningstar SRI Index (Morningstar) Japan Since Sept. 2006