Nissan Announces Corporate Officer Changes

Tokyo, Japan, June. 19, 2003 - (JCN Newswire) - Nissan Motor Co., Ltd.,
announced corporate officer changes that were approved at the Board of
Directors' meeting that followed today's annual general shareholders'
meeting.

Effective on June 19, Mr. Yoshikazu Hanawa retired as Chairman of the
Board of Directors and did not seek re-election as a board member. Mr.
Hanawa has become an Advisor and Honorary Chairman.

Effective on June 19, Mr. Carlos Ghosn and Mr. Itaru Koeda have been
appointed as Co-Chairmen of the Board of Directors and Representative
Directors. In addition, Mr. Ghosn will continue to serve as President
and Chief Executive Officer of Nissan, and Mr. Koeda will continue to
serve as Executive Vice President responsible for Purchasing and
Administration for Affiliated Companies.

Effective on June 19, Mr. Thierry Moulonguet, former Chief Financial
Officer and Executive Vice President of Nissan, did not seek re-election
on the board at the expiration of his term. He will be appointed to a
new position at Renault.

Effective on June 30, 2003, Mr. Katsumi Nakamura will leave Nissan in
his role as Senior Vice President, China Business Office, to assume the
role of President of Dongfeng Motor Co., Ltd., as approved by the board
of Dongfeng on June 9, 2003. Dongfeng Motor Co., Ltd. is the new company
jointly established by Nissan and DongFeng Motor Corporation in China.

Effective on June 30, 2003, Mr. Philippe Klein will leave Nissan in his
role as Vice President in charge of the CEO Office to assume a new
position at Renault.

Following is the complete list of changes among executives and their
responsibilities as of July 1, 2003 can be found at
http://www.nissan-global.com.


About Nissan Motor Co., Ltd.

Nissan Motor Co., Ltd.  was established in
1933 to manufacture and market the Datsun, a small passenger car, and
related automotive components. The company is Japan's second
largest automobile manufacturer and the world's fifth, with annual
global sales of 2,415,433 vehicles. The company markets a wide range of
passenger cars, commercial vans, trucks and buses, parts and components
in over one hundred and seventy countries. The company has also expanded
its operations to include forklifts, textile machinery and other
industrial machinery and equipment. Nissan's affiliation with
French automaker Renault in 1999 has helped produce Nissan's best
results in a decade. The company has three hundred and forty two
consolidated subsidiaries worldwide. Consolidated sales in FY 2000
exceeded $49 billion dollars (Euro 55 billion.)For further information,
please visit the Nissan Motor Co., Ltd. home page at:
www.nissan.co.jp/EN/ <http://www.nissan.co.jp/EN/>