Unite forcesto become

a world bearings leaderNTN SNR, a world bearings leader

NTN & SNR Companies

NTN SNR, a new group

NTN & SNRunite forces to become a bearings leader …

… for enhanced customer benefits

7th April 2008,NTN acquired 51% of SNR shares.

NTN SNR,a new GROUP stronger all over the WORLD.

In EUROPE,SNR, a major player in the development of NTN.

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M. Fujimura & M. Sepulchre de Condé

NTN & SNRunite forces to become a bearings leader …

… for enhanced customer benefits

Creating synergies :The staffs of NTN & SNR have developed a close working relationship building ONE strategy for ONE common project :

One voice to the customer

One R&D Centre in Europe, based in Annecy (France)

One managing structure

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NTN & SNRunite forces to become a bearings leader …

… for enhanced customer benefits

Common values :

Same values based on 90 years of history for each company

Passion and pride in creating original new technologies

Offering high quality products and services for customer satisfaction

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NTN corporate profile

Corporate name NTN Corporation

Trademark

Founded March 1918

Head Office Osaka, Japan

Chairman Yasunobu Suzuki

President Tatsuo Kondo

Plant 44 plants world wide

Sales Office 72 sales offices in world wide

R&D Centres 16 in Japan, USA, France, Germany

Employees 17,306 (consolidated)

Sales 483.8 billion yen (consolidated)(3.1 billion euros)

1961 Established NTN Walzlager (Europa) G.m.b.H in West Germany.

1964 Established NTN France S. A. and NTN Bearings (UK) Ltd.

1998 Established NTN Transmission Europe for CVJ production through a joint corporation with RENAULT of France.

2006 Capital investment in German Auto-parts Manufacturer IFA-Antriebstechnik GmbH for the expansion of European Constant Velocity Joints (CVJ) Business.

2007 Capital participation into RENAULT's subsidiary SNR Roulements.

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SNR corporate profile

Corporate name SNR Roulements

Trademark

Founded SNR 1946 (SRO 1916)

Head Office Annecy, France

CEO Didier Sepulchre de CondéPlants 11 plants in 6 countries

Sales Office 13 sales offices in 10 countries

R&D Centres France, Germany

Employees 4106

Sales 644 millions euros (consolidated)Headquarters,

Annecy, France

1946 RENAULT took over SRO : SNR « Société Nouvelle de Roulements »

1960s Development of COMMERCIAL NETWORK [Morocco (1952), Germany (1960),Italy (1967), Brazil (1967) Argentina (1969), UK (1970), Spain (1972)]Development of INDUSTRIAL EQUIPEMENTS [Argonay, Meythet, Seynod, Ales, ICSA]

1997 SNR won the « Grand Prix de l’Innovation » with its ASB© BEARINGS.

1999 Constructed new plant in Brazil (Curitiba)

2004 Constructed a new plant in Romania (Sibiu)

2007 April : Capital participation of NTN in SNR (35%) New TGV speed record (574,8 km/h) : SNR delivered axle bearings

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NTN & SNR

Plants 55 in the world

Employees 21400

Sales 3.7 Billions euros – 2.8 Billions euros for bearings

Sales office 85 in the world

R&D centres 18 in Japan, USA , France and Germany

Key Figures

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WORLD N° 3 NTN & SNR, a new WORLD bearings leader

SKF 18%

INA-FAG (Schaeffler group)

16%

NTN & SNR 13%

NSK 12%

TIMKEN 11%

JTEKT 7%

Others 23%

2005 figures

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EUROPESNR a major player in the development of NTN in EUROPE

With the current EUROPEAN presence, NTN equilibrates its world presenceEUROPE should be the leading market of NTN sales

2006NTN alone

2009 forecastNTN & SNR

JAPAN 43% 32%

EUROPE 16% 33%AMERICAS 26% 22%

ASIA + OTHERS 15% 12%

100% 100%

Sales

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NTN SNR, WORLD Presence

NTN EUROPE

NTN India

NTN China

NTN Thailand

NTN Japan

NTN USA

SNR China

SNR ROULEMENTS

SNR USA

SNR do BrazilPlants

R&D centre

11

19

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NTN SNR, One Group In Europe

CVJ R&D CENTRE

BEARINGS R&D CENTRE

BEARINGS R&D

Plants

R&D centre

SALES office

4

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PLE MANS (CVG)

ANNECY (BEARINGS)

DÜSSELDORF (BEARINGS)

ONE European Strategy « NEW TREND PLAN »

NEW INVESTMENTS are planned to support business growth

2006 basis 2009 sales target+ 30 %

2011 sales target+60%

Priority: to develop the Industry Market

Industry +75%

Auto + 40%

Aerospace + 60%

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INDUSTRY MARKET

2006 – 2011 sales growth

+75%

SOME CUSTOMER REFERENCES

STANDARD bearings the widest range

SPECIAL bearings

BEARING UNITS

Priority market for the group

LINEAR MOTIONMAINTENANCE products

SERVICES

ALCATELALSTOMARCELOR-MITALBHB BILLITONBOMBARDIERBOSCH REXROTHCATERPILLARCNHCORUSDANADMTENERCONGAMESAINDEXJOHN DEEREKAWASAKI KUHNLAFARGE

LINDAUERMAKITANORDEXOERLIKONPROMATECHREITZ VENTILATORENREPOWERSAMESAUER DANFOSSSCHINDLERSIEMENSSNCFSTAUBLISTIHLTHYSSEN-KRUPPVOSSLOHYAMASAKI MAZAK

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AUTOMOTIVE OEM & AFTERMARKET

2006 – 2011 sales growth

+40%

SOME CUSTOMER REFERENCES …

Aftermarket kit and unit bearings

Wheel Unit Bearings

Suspension Bearings

Constant Velocity Joint

Gear Boxes

Engines

OEM, World leader for wheel bearings Strong growth on the Aftermarket

ALFA ROMEOASTON MARTINAUDIBMWCITROENDACIAMERCEDESFIATFORDGMJAGUARHONDAISUZULANCIANISSANOPELPORSCHEPEUGEOTPSARENAULTRENAULT TRUCKS SUZUKI

TOYOTAVOLKSWAGENVOLVOAE GROUPARVIN MERIDORAUTOLIVAVONRIDEEXLETECHBASSANOBEHRBELTAN VIBRACOUSTICBENTELERBORG WARNERBOSCHBREMBOCOMITECHDANADAYCODELPHIEATONFAURECIAFTE

GATESGEREATE PUMPENDAUGETRAGGKNGRAZIANOHAMMERSTEINHORTONIFOR WILLIAMSLITENSLUKMAGNETI MARELLIMAHLEMITECMOBISMTUNTN TRANSMISSIONOGURAPIERBURGPAULSTRASACHSSANDENSTREPARAVA

SIEMENSTRELLEBORGTRWVALEOVISTEONWIAZEXEL VALEOZF

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AEROSPACE OEM & AFTERMARKET

SOME CUSTOMER REFERENCES

PRODUCT RANGEHigh precision customized bearings for critical space & aerospace applications

HELICOPTER European transmission

leader

AIRCRAFTMajor supplier of CFM56N°1 engine in the world

2006 – 2011 sales growth

+60%

SPACEAriane V

AGUSTA-WESTLANDAVIOBELL HELICOPTER TEXTRONDASSAULTDOWTYEUROCOPTERGOODRICHHAMILTON SUNDSTRANDHISPANO SUIZAHONEYWELLPRATT & WHITTNEYSAFRANTURBOMECA…

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NTN & SNROne group in Europe …

… for enhanced customer benefits

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KEY POINTS of the new group:

combining the best to reach a new level of customer satisfaction

capitalising on the complementarities of the two companies

developing the two brands NTN and SNR

NTN & SNROne Group in Europe

… for enhanced customer benefits

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KEY ACTIONS

One voice to customer, sales and engineering

One information processing system and common logistics centres.

Main products for European Market manufactured in Europe

NTN & SNROne Group in Europe to bring more …

… OFFER

The widest range of products for all industry & automotive applications

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INDUSTRYthe widest offer on the market …

STANDARD bearings, metric & imperial sizes

SPECIFIC bearings

BEARING UNITS, European & Asian ranges

LINEAR motion

MAINTENANCE product

All sizes … All references

SERVICES

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Drive Shaft

Needle Bearing

Rocker Arm Bearing

Auto Tensioner

GEN3 HUB Unit

GEN1 HUBUnit

GEN2.5 TaperedHUB Unit

Ball Bearing

McPherson Strut Bearing

Clutch Release Bearing

ASB ®

GEN4 HUB Unit

Propeller Shaft

Clutch ReleaseBearing

Engine PulleyBearing

Tapered Roller BRG

GEN2 HUB Unit

Water pump Bearing

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NTN & SNRUnite forces to become a bearings leader

for customer benefits

ONE group, ONE image

TWO brands, NTN and SNR

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NTN & SNR

BUSINESS TERRITORIESTo provide LOCAL customer supportTo optimize customer SERVICE & REACTIVITY

BUSINESS UNITSDedicated people by market segmentsTo build STRATEGIES for focused markets in EUTo coordinate BUSINESS

AUTOMOBILEOEM

AUTOMOBILEAFT

INDUSTRYOEM

INDUSTRYDIS

AEROSPACEOEM & AFT

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NTN & SNR

To challenge the future …

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THANK YOU