(1)

Speed of Reconstruction and Function Renewal to be Continued

A total of 450 billion yen will be invested over the 10-year period, and the speed of reconstruction and function renewal maintained throughout the "first stage" will be retained. (Assuming reconstruction of 7-8 buildings, and renewal/improvement of the infrastructure for existing buildings and facilities.)

(2)

Expanding Functional Area Renewal

The emphasis on nurturing a lively, prosperous atmosphere in the area surrounding Tokyo Station will be expanded to envelop all of Otemachi, Marunouchi and Yurakucho.

(3)

Intensifying Business Functions

Owning 31 buildings in the district, MEC will fully utilize its superiority in activities to intensify business functions, with a focus on providing for the needs of globally active companies, such as offering advanced levels of "IT infrastructure" and "Security" for the purpose of firmly securing the area's position as a representative global business center.

(4)

Diversifying Functionality

The diversity of the district is to be further expanded with the introduction of cultural and residential functions. Through the reinforcement of greater diversity in the area, presenting the Marunouchi District as an international oasis in the city, attraction to the area based on "city tourism" will be pursued.

(5)

Expanding Interaction

Based on the three concepts of "open", "networking" and "interactive", city planning actively continues to make Marunouchi District into a world-class center of dynamic interaction. From this time forward, various forms of exchange will intensify and attract new industries that will be the prominent leaders of future generations.

(6)

Expanding Area Management

Management of the area is to be promoted further, to the point of nurturing the entire Otemachi, Marunouchi and Yurakucho area as a single communal society. By "promoting mutual cooperation with the environment" and "working to enrich communal hospitality", MEC is concentrating its efforts on creating a "sustainable community" capable of continual growth.

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This plan comprises the connecting point of Marunouchi and Yurakucho. All together, the plan includes the reconstruction of three buildings that when completed will provide the facilities of a large-scale district. The plan simultaneously contributes to the functional renewal of the local infrastructure facilities and appropriately promotes "the second stage" project, with its objectives of expanding and intensifying district activities.

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The first office building constructed in Marunouchi, Mitsubishi No.1 Building which was thered brick structure, was located on the same site covered and is to be restored by this plan.

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Targeting the start of the project in fiscal 2006 and completion in fiscal 2009, MEC will be promoting cooperation for the plan with each related party from this time forward.

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Land:

Approx. 1.2 hectares

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Total floor area:

Approx. 20 hectares (tentative)

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Construction to be started in fiscal 2006 (planned)

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Construction to be completed in fiscal 2009 (planned)

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Constructed:

1894

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Total floor area:

Approx. 5,000m²

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Use:

Office lease (tenants: headquarter of Mitsubishi Goshi Kaisha, its Banking Division, etc.)

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Designer:

Josaia Condor (1852-1920)

Josaia Condor was an English architect. He graduated from London University. After being engaged in architectural design in London, he was invited to Japan by the Japanese government in 1877. His architectural accomplishments include designing Ueno Museum, Rokumeikan, Arisugawa Court (a western-style building) and Nicholai-do.

He also held the following honorary positions: Professor of Emeritus at Tokyo Teikoku University and Chairman of Japan Architecture Academy. He died in Japan.

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Architectural characteristics: Orthodox standing figures in Queen Ann-style that represented the Victorian Age in England were characteristic of his designs. Utilizing roofs with steep slopes and roof-edge decorations, Condor's architectural works were appreciated as representative of western architecture in the Meiji Era. Additionally, Mitsubishi No.1 Building was the first office building in Japan's first office district, Marunouchi.