Kobe Steel has ceased the chromate treatment of electrogalvanized steel sheet.

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KOBE STEEL INTERIM REPORT 1999
To Our Stockholders
Non-Consolidated Interim Balance Sheets
Non-Consolidated Interim Statements of Operations and Unappropriated retained Earnings (Accumulated Deficit)
Notes to Non-Consolidated Interim Financial statements
Investor Information

Investor Information
Founded September 1905
Incorporated June 1911
Fiscal Year April 1-March 31
Transfer Agent The Chuo Trust & Banking Co., Ltd.
7-1, Kyobashi 1-chome, Chuo-ku, Tokyo 104-0031, Japan
Transfer Office Stock Transfer Agency Department
The Chuo Trust & Banking Co., Ltd.
6-26, Kitahama 2-chome,
Chuo-ku, Osaka 541-0041, Japan
Tel: (06) 6202-7361
Listings and Quotations Kobe Steel is listed on the Tokyo Stock Exchange, the Osaka Securities Exchange, and the six other exchanges in Japan.
Overseas, the Company's shares are listed on the London Stock Exchange. American Depositary Receipts for common stock are traded over the counter in the United States.
Depositary for American Depositary Receipts The Bank of New York
101 Barclay Street,
New York, NY 10286, U.S.A.
Tel: (212) 815-2204 (U.S. toll free: 888-269-2377)
URL: http://www.bankofny.com/adr
Investor Inquiries Japan
IR Group
Corporate Planning Department
Kobe Steel, Ltd.
9-12, Kita-Shinagawa 5-chome,
Shinagawa-ku, Tokyo 141-8688, Japan
Tel: (03) 5739-6043 Fax: (03) 5739-5973)

United States
Kobe Steel USA Inc.
535 Madison Avenue,
New York, NY 10022, U.S.A.
Tel: (212) 751-9400 Fax: (212) 308-3116

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