RHJ International

Asahi Tec Corporation

Headquarters : Japan
Industry : Automotive Components - Cast Auto Parts segment

Tokyo Stock Exchange ticker	5606.T
Total Shares Outstanding	299,005,853
RHJI Ownership as of March 31, 2008	36.9% (110,450,678 shares)
Contribution Price per Share (March 23, 2005)	JPY 250
Share Price on March 31, 2007	JPY 208
Share Price on March 31, 2008	JPY 88

Overview of Activities

Asahi Tec (www.asahitec.co.jp and www.metaldyne.com) primarily designs, manufactures and sells ductile iron cast auto parts for truck and construction machinery OEMs, aluminum casting parts for truck and passenger car OEMs and aluminum wheels for automobile OEMs. Asahi Tec also designs, manufactures and sells environmental systems, equipment and development technologies used by municipalities and electrical hardware and equipment used by electricity generators.

Its subsidiary, Metaldyne, is a leading global designer and supplier to the automotive industry of metal-based components, assemblies and modules for transportation related powertrain and chassis applications including engine, transmission/transfer case, wheel-end and suspension, axle and driveline, and noise and vibration control products.

RELATED NEWS

08 August 2008	Asahi Tec First Quarter Earnings Release Fiscal Year ending March 31, 2009
13 June 2008	RHJ International to Subscribe to Newly Issued Shares of Asahi Tec
30 May 2008	"Plan To Win" Metaldyne's Restructuring Plan
23 May 2008	Asahi Tec Full Year Earnings Release for the Fiscal Year Ended March 31, 2008
19 May 2008	Asahi Tec Issues Notice of Revised Business Forecast

KEY FIGURES

Financial information for the Japanese companies has been translated for convenience into Euros using the exchange rate prevailing March 31, 2008 (EUR/JPY = 157.37)

change

March 31 (*)	2008	2007
Net sales	315,768	145,208
Gross profit	29,528	16,863
Gross margin	9.4%	11.6%
EBITDA	24,744	11,270
EBITDA margin	7.8%	7.8%
Operating profit/(loss)	(25,074)	2,767
Net profit/(loss)	(41,059)	2,203
March 31	2008	2007
Cash	6,530	8,732
Financial debt	117,457	131,818

(*) Excluding the effect of the purchase price allocation carried out in connection with the contribution of the ownership intetests to RHJI at March 31, 2005.