Financial Conference for the Results of the First Half of Fiscal 2005 about NSK

¡ô¡¡Results of the first half close to business plan ¡¡⇒Japanese car production remains healthy. ¡¡⇒Strong demand for capital expenditures in Japan. ¡¡⇒Growth in the semiconductor/LCD segment flat. ¡¡⇒Overseas demand remains strong; some adjustment in demand seen in China.¡¡ ¡¡¡¡ ¡ôResults of 2Q better than 1Q.¡¡ Progress of key objectives Key measures ( April-September 2005) Maxiimiize busiiness opportuniitiies