Nikko Hotels International Under New Leadership

Mamoru Tsutsumi Appointed President of JAL Hotels Co., Ltd.

. October 14, 2008

TOKYO, Japan, June 27, 2006. JAL Hotels Co., Ltd., which operates the Nikko Hotels International (NHI) group of luxury international hotels and Hotel JAL City, a mid-priced chain of hotels for business travelers in Japan, announced at its annual shareholders meeting and board of directors meeting today the retirement of current president Shosuke Machida and the appointment of a new president, Mamoru Tsutsumi, who is currently senior executive vice president.

"JAL Hotels already prides itself on its high quality service as a leading Japanese chain, which is due in large part to the achievements of my predecessor Mr. Machida," says Mamoru Tsutsumi who will serve as Chairman and CEO, JAL Hotels Co., Ltd. "In my new role, I am dedicated to continue growing the JAL Hotels chains - NHI and Hotel JAL City - making them leading competitors in the global market, especially in the fast-growing Asian market."

Tsutsumi began working at Japan Air Lines Co., Ltd. after graduating from Tokyo University with a Bachelor of Arts Degree in Law. In 1998, he transferred to JAL Hotels Co., Ltd., and a year later he was appointed Vice President & Regional Manager, Seoul, Japan Airlines Co., Ltd. In 2002, he was appointed Executive Officer & Deputy General Manager, Cargo & Mail, Japan Airlines Co., Ltd. only to be appointed as Executive Officer & General Manager, Strategy and Planning, International Passenger, Japan Airlines International Co., Ltd. one year later. In April 2005, he served as Advisor, Japan Airlines International Co., Ltd. and became Senior Executive Vice President, JAL Hotels Co., Ltd. within one month's time.

Machida became president of JAL Hotels Co., Ltd. in 1999. Over the last seven years, he managed to successfully transform the company's business model from owner & management style to operation specialist, minimize debts and improved the company's financial situation, and expand the company's properties managed (NHI and Hotel JAL City) from 51 hotels to 63 hotels worldwide.

About Nikko Hotels International

Nikko Hotels International is an international luxury hotel group operated by JAL Hotels Co., Ltd., a subsidiary of Japan Airlines, headquartered in Tokyo, Japan. In addition to Nikko Hotels International, JAL Hotels also operates Hotel JAL City, a chain of 13 mid-priced hotels for business travellers in Japan. JAL Hotels Co., Ltd. has 63 hotels worldwide, in Europe, the Americas and throughout Japan and the Asia/Pacific region.

JAL Hotels Co., Ltd. has opened 304-room Hotel JAL City Naha on June 20, 2006 in Okinawa, and is scheduled to open 170-room Hotel JAL City Kannai Yokohama and 262-room Hotel JAL Fujairah Resort & Spa in December 2006; 373-room Hotel Nikko Tianjin in April 2007; and 487-room Hotel JAL Tower Dubai in December 2007.

For more information on JAL Hotels, Nikko Hotels International or Hotel JAL City, please visit www.jalhotels.com.