RNS Number:4365F
Maruwa Co Ld
30 June 2006


                                                                    30 June 2006
MARUWA CO., LTD.

3-83 Minamihonjigahara-cho, Owariasahi-city, Aichi-pref., 488-0044 JAPAN

                                             (Translation)

                        Notice regarding the election of an independent auditor

MARUWA CO., LTD. ("MARUWA") announced a notice concerning the election of an
independent auditor as follows;

1. Reasons for election

ChuoAoyama PricewaterhouseCoopers ("ChuoAoyama"), the independent auditor of
MARUWA, will lose their qualification as our independent auditor from 1 July
2006 as the Financial Services Agency of Japan ordered ChuoAoyama on 10 May 2006
to suspend their operations for two months from 1 July 2006 to 31 August 2006.

2. Current independent auditor

   ChuoAoyama PricewaterhouseCoopers
   Kasumigaseki Bldg., 3-2-5 Kasumigaseki, Chiyoda-ku, Tokyo, Japan

3. Schedule

   The election of temporary independent auditor is under consideration.  We 
   will make an announcement upon the election.
                                                                                                   

                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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