RHJ International ("RHJI") and Mitsubishi Corporation ("Mitsubishi")announced a definitive agreement to form a joint venture aimed atcreating a leading consulting company in Management and InformationCommunication Technology in Japan.

This joint venture will leverage both companies' vast industrialknowledge and expertise in operating businesses, as well as its broadclient access, to become a leading consulting company in supportingits future clients to increase corporate value, using leading-edgeInformation Communication Technologies.

Under the terms of the agreement, the initial capital contributionwill amount to JPY 2 billion. RHJI and Mitsubishi will holdrespectively 49% and 51% percent ownership. The new entity will beheadquartered in Tokyo.

For more information on this new joint venture, a press conference isto be held mid May in Tokyo. Logistics considerations and details ofthe press conference will be announced later. Documents andpresentation material will be available on RHJI's corporate website(www.rhji.com).

RHJ International (Euronext: RHJI) is a diversified holding companyfocused on creating long-term value for its shareholders byacquiring and operating businesses in attractive industries. Forfurther information visit www.rhji.com.

Arnaud DenisInvestor Relations DirectorRHJ InternationalTel. +32 2 643 60 13http://www.rhji.cominvestor-relations@rhji.com

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