April. 25, 2005
Nikko Cordial Securities Inc.
Change of Directors
Nikko Cordial Securities Inc. ("NCS") today announced the change of Directors, as follows.
The change is subject to approval by NCS's shareholders' meeting.
|[New Director]||Scheduled for June 2005|
|Chairman||Kazuyoshi Kimura||(Chairman, Simplex Investment Advisors Inc.)|
|[Retiring Directors]||Scheduled for June 2005|
|Executive Director||Masashi Kaneko|
(Chairman , Nikko Cordial Corporation)
(nominated for Chairman, Nikko Citigroup Limited)