2004 Press Releases-15

Tokyo, Japan - September 30, 2004

Yokogawa Subsidiary in China Opens New Customer Support Center

– Service System Improved to Develop Industrial Automation and
Control Business in China –

Yokogawa Electric Corporation announces the opening of a new service office by its Chinese subsidiary, Yokogawa Electric China Co., Ltd. This new office will open on October 1, 2004, in Huizhou, Guangdong Province (southern China), and will better position the company to capitalize on the increasing opportunities for the industrial automation and control business in China.

The name of the new service office will be Yokogawa Huizhou Dayawan Customer Support Center. Located in the Huizou economic development zone, the office will provide maintenance services and training in the operation of Yokogawa products.

Background Information on the Opening of the Customer Support Center

Many chemical and energy-related plants are either under construction or soon will be in the Huizhou area. These include a large petrochemical plant that is being built by a 50/50 joint venture between CNOOC Petrochemicals Investment Limited (CPIL) and Shell Nanhai BV. The China National Offshore Oil Corporation (CNOOC) has a 90% stake in CPIL and the remainder is held by Guangdong Investment & Development Company, an investment company authorized by the People’s Government of Guangdong province. Shell Nanhai BV is a member of the Royal Dutch/Shell Group of Companies. In 2002 Yokogawa received a six billion yen contract to provide instrumentation for this plant and it is scheduled to go into operation in December of 2005.
Other plants that will be built in the Huizhou area include a CNOOC oil refinery and a Mitsubishi Rayon Co., Ltd. chemical plant. The construction of an LNG terminal near Huizhou is also under consideration.
This increasing concentration of chemical and energy plants in the Huizhou area explains Yokogawa’s decision to open a new service center here. By improving our client support system, we are accelerating our drive to make the most of the industrial automation and control business opportunities in China.

Key Facts
Name: Yokogawa Huizhou Dayawan Customer Support Center
Location: Daya Bay Economic & Technological Development Zone, Huizhou, Guangdong, China
Head: Keiji Ishida
Initial number of staff: 4
Capital: 50 million yen

About Yokogawa
Yokogawa's global network of 19 manufacturing facilities and 89 companies spans 32 countries. Since its founding in 1915, the US$4 billion company has been engaged in cutting-edge research and innovation, securing more than 7,500 patents and registrations, including the world's first digital sensors for flow and pressure measurement. Industrial automation and control, test and measurement, information systems and industry support are the core businesses of Yokogawa.
For more information about Yokogawa, please visit our web site at www.yokogawa.com.