Unite forces a world bearings leader to become NTN SNR, a world bearings leader NTN & SNR Companies NTN SNR, a new group

unite forces to become a bearings leader … NTN & SNR unite forces to become a bearings leader … … for enhanced customer benefits A world bearings leader 7th April 2008, NTN acquired 51% of SNR shares. NTN SNR, a new GROUP stronger all over the WORLD. NTN & SNR Companies In EUROPE, SNR, a major player in the development of NTN. NTN SNR, a New GROUP M. Fujimura & M. Sepulchre de Condé

unite forces to become a bearings leader … NTN & SNR unite forces to become a bearings leader … … for enhanced customer benefits A world bearings leader 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 managing structure NTN & SNR Companies One R&D Centre in Europe, based in Annecy (France) NTN SNR, a New GROUP

unite forces to become a bearings leader … NTN & SNR unite forces to become a bearings leader … … for enhanced customer benefits A world bearings leader Common values : Same values based on 90 years of history for each company Passion and pride in creating original new technologies NTN & SNR Companies Offering high quality products and services for customer satisfaction NTN SNR, a New GROUP

NTN corporate profile Corporate name NTN Corporation Trademark A world bearings leader Corporate name NTN Corporation Trademark Founded March 1918 Head Office Osaka, Japan Chairman Yasunobu Suzuki President Tatsuo Kondo NTN & SNR Companies 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. NTN SNR, a New GROUP 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.

NTN company history NTN & SNR Companies A world bearings leader 1918 Began research and manufacture of ball bearings at Nishizono Ironworks. (Kuwana) 1923 Niwa (capital investor), Tomoe Trading Co. (trading company in Osaka) and Nishizono (the engineer) began joint manufacture and sale of bearings under the brand name NTN. 1939 Constructed Kuwana Plant. 1960 Began mass production of ball bearings at Iwata. 1961 Established NTN Walzlager (Europa) G.m.b.H in West Germany. 1962 Constructed needle bearing plant at Toyo Bearing Iwata Co., Ltd. 1963 Began production of constant velocity joints (CVJ). NTN & SNR Companies 1964 Established NTN France S. A. and NTN Bearings (UK) Ltd. 1971 Established NTN Kugellagerfabrik (Deutschland) G.m.b.H 1987 NTN-Bower Corporation became 100% owned affiliate 1996 Bought American ball bearing plant and established BCA. 1998 Established NTN Transmission Europe for CVJ production through a joint corporation with RENAULT of France. 2003 Cumulative total of all CVJ produced reached 300 million. 2006 Capital investment in German Auto-parts Manufacturer IFA-Antriebstechnik GmbH for the expansion of European Constant Velocity Joints (CVJ) Business. NTN SNR, a New GROUP 2007 Capital participation into RENAULT's subsidiary SNR Roulements.

SNR corporate profile Corporate name SNR Roulements Trademark A world bearings leader Corporate name SNR Roulements Trademark Founded SNR 1946 (SRO 1916) Head Office Annecy, France CEO Didier Sepulchre de Condé Plants 11 plants in 6 countries NTN & SNR Companies Sales Office 13 sales offices in 10 countries R&D Centres France, Germany Employees 4106 Headquarters, Annecy, France Sales 644 millions euros (consolidated) 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. NTN SNR, a New GROUP 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

SNR company history NTN & SNR Companies A world bearings leader 1916 CREATION of SRO (J. Schmidt Roost) 1944 SRO plant at Annecy destroyed by allied bombs 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] 1970 SNR equipped the Eurocopter, Puma helicopter 1981 TGV : since the inauguration of the 1st TGV line, SNR holds the speed record with the fastest train in the world NTN & SNR Companies 1983 SNR held 50% of NADELLA shares (with Torrington) 1990 SNR was the 1st ISO 9001 qualified bearing Company 1996 ARIANE V : 1st successfull flight 1997 SNR won the « Grand Prix de l’Innovation » with its ASB© bearings. 1999 Constructed new plant in Brazil (Curitiba) 2000 ISO 14001 - SNR engagement for environment : all SNR plants certified 2001 SNR sold NADELLA to Torrington : 18 years experience in needle bearings 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 NTN SNR, a New GROUP 2008 April : NTN acquisition of SNR (51%)

NTN & SNR A world bearings leader Key Figures Sales 3.7 Billions euros – 2.8 Billions euros for bearings Plants 55 in the world NTN & SNR Companies Sales office 85 in the world R&D centres 18 in Japan, USA , France and Germany Employees 21400 NTN SNR, a New GROUP

WORLD N° 3 NTN & SNR, a new WORLD bearings leader A world bearings leader SKF 18% Others 23% NTN & SNR Companies INA-FAG (Schaeffler group) 16% JTEKT 7% TIMKEN 11% NTN & SNR 13% NTN SNR, a New GROUP NSK 12% 2005 figures

SNR a major player in the development of NTN in EUROPE A world bearings leader With the current EUROPEAN presence, NTN equilibrates its world presence EUROPE should be the leading market of NTN sales NTN & SNR Companies Sales 2006 NTN alone 2009 forecast NTN & SNR JAPAN 43% 32% EUROPE 16% 33% AMERICAS 26% 22% ASIA + OTHERS 15% 12% 100% NTN SNR, a New GROUP

NTN SNR, WORLD Presence NTN SNR, a New GROUP Plants R&D centre A world bearings leader SNR ROULEMENTS NTN & SNR Companies NTN EUROPE NTN China 11 SNR China SNR USA NTN Japan 19 NTN USA NTN India NTN Thailand NTN SNR, a New GROUP Plants SNR do Brazil R&D centre

NTN SNR, One Group In Europe A world bearings leader Plants R&D centre SALES office NTN & SNR Companies DÜSSELDORF (BEARINGS) LE MANS (CVG) BEARINGS R&D CVJ R&D CENTRE ANNECY (BEARINGS) NTN SNR, a New GROUP BEARINGS R&D CENTRE 4

ONE European Strategy « NEW TREND PLAN » A world bearings leader Priority: to develop the Industry Market Industry +75% Auto + 40% NTN & SNR Companies Aerospace + 60% 2009 sales target + 30 % 2006 basis 2011 sales target +60% NTN SNR, a New GROUP NEW INVESTMENTS are planned to support business growth

INDUSTRY MARKET Priority market for the group 2006 – 2011 sales growth A world bearings leader Priority market for the group 2006 – 2011 sales growth +75% NTN & SNR Companies SOME CUSTOMER REFERENCES STANDARD bearings the widest range ALCATEL ALSTOM ARCELOR-MITAL BHB BILLITON BOMBARDIER BOSCH REXROTH CATERPILLAR CNH CORUS DANA DMT ENERCON GAMESA INDEX JOHN DEERE KAWASAKI KUHN LAFARGE LINDAUER MAKITA NORDEX OERLIKON PROMATECH REITZ VENTILATOREN REPOWER SAME SAUER DANFOSS SCHINDLER SIEMENS SNCF STAUBLI STIHL THYSSEN-KRUPP VOSSLOH YAMASAKI MAZAK SPECIAL bearings BEARING UNITS LINEAR MOTION MAINTENANCE products SERVICES NTN SNR, a New GROUP

AUTOMOTIVE OEM & AFTERMARKET Aftermarket kit and unit bearings OEM, World leader for wheel bearings Strong growth on the Aftermarket A world bearings leader 2006 – 2011 sales growth +40% NTN & SNR Companies SOME CUSTOMER REFERENCES … ALFA ROMEO ASTON MARTIN AUDI BMW CITROEN DACIA MERCEDES FIAT FORD GM JAGUAR HONDA ISUZU LANCIA NISSAN OPEL PORSCHE PEUGEOT PSA RENAULT RENAULT TRUCKS SUZUKI TOYOTA VOLKSWAGEN VOLVO AE GROUP ARVIN MERIDOR AUTOLIV AVONRIDE EXLETECH BASSANO BEHR BELTAN VIBRACOUSTIC BENTELER BORG WARNER BOSCH BREMBO COMITECH DANA DAYCO DELPHI EATON FAURECIA FTE GATES GEREATE PUMPENDAU GETRAG GKN GRAZIANO HAMMERSTEIN HORTON IFOR WILLIAMS LITENS LUK MAGNETI MARELLI MAHLE MITEC MOBIS MTU NTN TRANSMISSION OGURA PIERBURG PAULSTRA SACHS SANDEN STREPARAVA SIEMENS TRELLEBORG TRW VALEO VISTEON WIA ZEXEL VALEO ZF Wheel Unit Bearings Suspension Bearings Constant Velocity Joint Gear Boxes Engines Aftermarket kit and unit bearings NTN SNR, a New GROUP

AEROSPACE OEM & AFTERMARKET A world bearings leader 2006 – 2011 sales growth +60% SOME CUSTOMER REFERENCES AIRCRAFT Major supplier of CFM56 N°1 engine in the world HELICOPTER European transmission leader NTN & SNR Companies AGUSTA-WESTLAND AVIO BELL HELICOPTER TEXTRON DASSAULT DOWTY EUROCOPTER GOODRICH HAMILTON SUNDSTRAND HISPANO SUIZA HONEYWELL PRATT & WHITTNEY SAFRAN TURBOMECA … SPACE Ariane V PRODUCT RANGE NTN SNR, a New GROUP High precision customized bearings for critical space & aerospace applications

… for enhanced customer benefits NTN & SNR One group in Europe … A world bearings leader … for enhanced customer benefits KEY POINTS of the new group: NTN & SNR Companies 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 SNR, a New GROUP

… for enhanced customer benefits NTN & SNR One Group in Europe A world bearings leader … for enhanced customer benefits KEY ACTIONS One voice to customer, sales and engineering NTN & SNR Companies One information processing system and common logistics centres. Main products for European Market manufactured in Europe NTN SNR, a New GROUP

One Group in Europe to bring more … NTN & SNR One Group in Europe to bring more … … OFFER A world bearings leader The widest range of products for all industry & automotive applications NTN & SNR Companies NTN SNR, a New GROUP

the widest offer on the market … INDUSTRY the widest offer on the market … A world bearings leader STANDARD bearings, metric & imperial sizes NTN & SNR Companies SPECIFIC bearings BEARING UNITS, European & Asian ranges LINEAR motion MAINTENANCE product SERVICES All sizes … All references NTN SNR, a New GROUP

McPherson Strut Bearing A world bearings leader GEN2 HUB Unit Clutch Release Bearing Propeller Shaft Auto Tensioner NTN & SNR Companies Ball Bearing GEN2.5 Tapered HUB Unit Clutch Release Bearing Drive Shaft ASB ® GEN1 HUB Unit Tapered Roller BRG McPherson Strut Bearing Engine Pulley Bearing Rocker Arm Bearing NTN SNR, a New GROUP GEN3 HUB Unit Needle Bearing GEN4 HUB Unit Water pump Bearing

Unite forces to become a bearings leader NTN & SNR Unite forces to become a bearings leader A world bearings leader for customer benefits NTN & SNR Companies ONE group, ONE image TWO brands, NTN and SNR NTN SNR, a New GROUP

NTN & SNR BUSINESS TERRITORIES BUSINESS UNITS NTN SNR, a New GROUP A world bearings leader BUSINESS TERRITORIES To provide LOCAL customer support To optimize customer SERVICE & REACTIVITY BUSINESS UNITS Dedicated people by market segments To build STRATEGIES for focused markets in EU To coordinate BUSINESS NTN & SNR Companies NTN SNR, a New GROUP AUTOMOBILE OEM AUTOMOBILE AFT INDUSTRY OEM INDUSTRY DIS AEROSPACE OEM & AFT

To challenge the future … NTN & SNR A world bearings leader To challenge the future … NTN & SNR Companies NTN SNR, a New GROUP

THANK YOU