To the members

	Name of the Company	Daiwabo Information System Co., Ltd
	Representative	Mitsuru Yokoyama, President and CEO
	(Code # 9912, Tokyo and Osaka Stock Exchange, 1st Section)
	Head Office	2-5,3-chome, Hommachi, Chuo-ku, Osaka
	Contact person	Koyama, General Affairs Sect. (Public Relations)
	TEL	+81-6-6281-9100

Notice Regarding Company Representative Changes

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At a special meeting of the Board of Directors on March 7, 2003, it was decided that the office of President would change hands as described below.

1. Reason for change

In view of this year's reelections, a new arrangement was sought for the next fiscal year in order to rejuvenate the company with some fresh blood.

2. Details of change

New title Name Old title Director Mitsuru Yokoyama President (Representative Director) President (Representative Director) Hirokazu Matsumoto Senior Managing Director (Representative Director)

3. Personal history of new president (representative director)

Name Hirokazu Matsumoto Place of birth Wakayama Prefecture Date of birth December 28, 1940 (currently age 62) Education: March, 1964 B.S. in Economics, Osaka University Career history: April 1964 Joined Daiwabo Co., Ltd. July 1988 Deputy Manager of Tokyo Branch of Daiwabo Co., Ltd. April 1990 Left Daiwabo Co., Ltd. April 1990 Joined Daiwabo Information System Co., Ltd. May 1990 Director of Daiwabo Information System Co., Ltd. June 1992 Managing Director of Daiwabo Information System Co., Ltd. June 1996 Senior Managing Director of Daiwabo Information System Co., Ltd. (current) June 2001 Representative Director of Daiwabo Information System Co., Ltd. (current) April 2003 President (Representative Director) (scheduled)

4. Date of title transfer: April 1, 2003

Mitsuru Yokoyama is scheduled to act as a consultant after the regular shareholders meeting to be held at the end of June.

(Personal History of Mitsuru Yokoyama)

For questions regarding this issue, contact Daiwabo Information System Co., Ltd. Contact person: Koyama PHONE +81-6-6281-9100 FAX +81-6-6258-9351

March 07, 2003