Announcement of Issuance of Unsecured Corporate Bond

Taking advantage of recent conditions in international corporate finance, Yamashin announces the signing ceremony of the first issuance of unsecured corporate bond with the purpose of raising capital under stable, long term fixed interest rates. Now more than ever, Yamashin is committed to our company policy of serving our customer's needs through the filtration business.
1.Event Date:	September 10, 2002 (Tuesday)
2.Location:	Mitsui-Sumitomo Bank, Tsurumi Branch
3.Date of Issuance:	September 11, 2002

Event Photo
(Signing Ceremony at Mitsui-Sumitomo Bank, Tsurumi Branch)

Mr. Atsuhiko Yamazaki, CEO of Yamashin Filter Mfg,Corp.

Mitsui-Sumitomo Bank, Tsurumi Branch Corporate Affairs Division

Mitsui-Sumitomo Bank Corporate Affairs Division Members
(Standing from left) Mr. Matsumoto; Mr. Ishida, General Manager;
Mr. Tsuyuki, Deputy Manager; Mr. Konno, Manager

Yamashin Filter Mfg,Corp Members
(Sitting from left) Mr. Tomoeda, Director; Mr. Yamazaki, CEO;
Mr. Sakuma, General Affairs General Manager

We welcome comments or inquiries regarding this event.
Please feel free to contact us at the following:

Contact Information(Japan)
Phone:	81-45-311-1071
Fax:	81-45-311-2097
	kazuo_sakuma@yamashin-filter.co.jp
	Kazuo Sakuma