Hitachi Data Systems CEO Shinjiro Iwata to Speak at 34th Annual Banc of America Securities Investment Conference

Who:
Shinjiro Iwata, CEO, Hitachi Data Systems, a wholly owned subsidiary of Hitachi Ltd. (NYSE: HIT)

What:
Mr. Iwata will present an overview of customer requirements in the storage market and the recently-announced Hitachi TagmaStore™ Universal Storage Platform, including its large scale virtualization and logical partitioning capabilities. A question and answer session will follow his prepared remarks.

Venue:
The Banc of America Securities 34th Annual Investment Conference will feature presentations by the senior management teams of more than 300 public and private companies.

When:
Wednesday, September 22, 2004 at 9:00 AM

Where:
The Ritz-Carlton Hotel
600 Stockton St.
San Francisco, CA

Hitachi Data Systems leverages global R&D resources to develop storage solutions built on industry-leading technology with the performance, availability and scalability to maximize customers' ROI and minimize their risk. By focusing on the customer's perspective as we apply the best hardware, software, and services from Hitachi and our partners, we uniquely satisfy our customers' business needs.

With 2,800 employees, Hitachi Data Systems conducts business through direct and indirect channels in the public, government and private sectors in over 170 countries and regions. Its customers include more than 50 percent of Fortune 100 companies. For more information, please visit our Web site at www.hds.com.

Hitachi, Ltd. (NYSE: HIT), headquartered in Tokyo, Japan, is a leading global electronics company, with approximately 326,000 employees worldwide. Fiscal 2003 (ended March 31, 2004) consolidated sales totaled 8,632.4 billion yen ($81.4 billion). The company offers a wide range of systems, products and services in market sectors, including information systems, electronic devices, power and industrial systems, consumer products, materials and financial services. For more information on Hitachi, please visit the company's Web site at http://www.hitachi.com.

Quinn Daly, Blanc & Otus Public Relations, (415) 856-5152, QDaly@blancandotus.com

© 2004, Hitachi Data Systems Corporation. Hitachi Data Systems is registered with the U.S. Patent and Trademark Office as a trademark and service mark of Hitachi, Ltd. TagmaStore, Universal Star Network, Lightning 9900, Lightning 9980V, and Hi-Star are trademarks of Hitachi Data Systems. All other trade names, trademarks, and service marks used herein are the rightful property of their respective owners.