Please be advised that the Board of Directors of Komatsu Ltd. (hereinafter "Komatsu") made a resolution concerning the change of representative directors' positions as follows in the Board meeting held today (February 16, 2010).

1. Reason(s) for the Change
Masahiro Sakane, currently Representative Director and Chairman of the Board, is going to resign from the position of Representative Director after servicing in the current position for three years (June 2010). Accordingly, the execution of management duties will be more centered on the President and other members of the Board, while he will be able to further strengthen the corporate governance of Komatsu as his duties will be more clearly defined as supervision of management execution. Along with this change concerning Masahiro Sakane, the Board of Directors resolved to appoint Yoshinori Komamura, currently Director and Senior Executive Officer, as Executive Vice President and assign to him the position of Representative Director.

Note: Japanese Companies Act requires that the board selects Representative Directors, which legally represent the whole of the company's operations.

2. Names and Titles of Concerned Representative Directors

Kunio Noji, currently President and Chief Executive Officer, will continue to serve in the same position. As a result, Kunio Noji and Yoshinori Komamura will both serve as Komatsu's representative directors.

3. Curriculum Vitae of New Representative Director
Name Yoshinori Komamura
Date of Birth February 20th, 1948
Birthplace Kyoto Prefecture, Japan
Education Graduated from Waseda University
Faculty of Law in 1970
Business Career June 2010 Executive Vice President (planned)
June 2005 Director and Senior Executive Officer
President, Construction and Mining Equipment Marketing Division
April 2005 Senior Executive Officer
President, Construction and Mining Equipment Marketing Division
April 1970 Joined Komatsu Ltd.
The number of shares of common stock held by him 26,300

4. Appointment Date
On June 23th, 2010, after the annual shareholders' meeting.