We urge all governments to take measures now to lower tensions and prevent
violence, including against any diplomatic premises and against businesses and
individuals.

Business Editors

TOKYO----Mitsubishi Electric
Corporation (TOKYO:6503) (President and CEO: Tamotsu Nomakuchi)
announced today it plans to liquidate and eventually dissolve its
European mobile phone R+D subsidiary company, Melco Mobile
Communications Europe S. Since the European mobile phone business has not
forecasted a return to profitability for the foreseeable future, for
the above reason, Mitsubishi Electric has planned the liquidation of
MMCE. The company recorded consolidated group sales
of 3,309 billion yen (US$ 31.

abroad europe

CRAWFORD , Texas, The United States condemns in the
strongest terms the burning of the Danish and Norwegian Embassies in Damascus,
Syria today, which also damaged the Chilean and Swedish Embassies.A.2 billion (a)) in the fiscal year ended
March 31, 2004.mitsubishielectric.

regional embassies

We stand in solidarity with Denmark and our European allies in
opposition to the outrageous acts in Syria today. The timeframe for liquidation will be decided based on talks
with local employee representatives.

europe france

Mitsubishi Electric Plans to Close Its Subsidiary European Mobile Phone R+D Facility MMCE

Sales activity in Europe would be
discontinued after the currently released models, but
after-sales-service and customer support service will be maintained.
Since its foundation in January 2003, MMCE has been involved in
the research and development of Mitsubishi Electric GSM mobile phones.

Outline of Melco Mobile Communications Europe S. For more information visit
http://global.com

(a)At an exchange rate of 106 yen to the US dollar , the rate given
by the Tokyo Foreign Exchange Market on March 31, 2004.

government regional

Statement by the White House Press Secretary

The State Department has told the Syrian Ambassador that Syria must act
decisively to protect all foreign embassies and citizens in Damascus from
attack. We stand with our friends and allies in urging a constructive and
peaceful dialogue emphasizing respect for all religious faiths .
We commend Danish Prime Minster Rasmussen's responsible statements in
recent days urging tolerance and respect for all faiths and for freedom of the
press.

regional france

However, despite efforts to launch a number of highly regarded GSM
models with the latest technology for European operators, there has
been fierce competition with industry leaders like Nokia, Motorola,
Samsung etc.A.

foreign europe

The
Government of Syria's failure to provide protection to diplomatic premises , in
the face of warnings that violence was planned, is inexcusable. We will hold Syria responsible for such violent demonstrations since
they do not take place in that country without government knowledge and
support.

Founded: January 2003

Start of Business Operation: April 2003

Capital: 30 millions Euro

Shareholding: Mitsubishi Electric 100%

Number of Employees: 156 (as of March 2005)

Business Domain: Research and Development for GSM mobile
telephone

Location: France

About Mitsubishi Electric

With over 80 years of experience in providing reliable,
high-quality products to both corporate clients and general consumers
all over the world , Mitsubishi Electric Corporation (TOKYO:6503) is a
recognized world leader in the manufacture, marketing and sales of
electrical and electronic equipment used in information processing and
communications , space development and satellite communications,
consumer electronics, industrial technology, energy , transportation
and building equipment.

government foreign

(MMCE).