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Analyst Coverage

Analysts/Strategists

* As of 20-Oct-2008

Firm Analysts/Strategists
Barclays Bank PLC Jason Rogers
Daiwa Securities SMBC Co., Ltd. Toshiyasu Ohashi
Deutsche Securities Inc. Alexander Duering
Goldman Sachs Japan Co., Ltd Jun Nagataki
Takashi Miura
Merrill Lynch Japan Securities Co., Ltd. Toshihiro Uomoto
Mitsubishi UFJ Securities Co., Ltd. Nobuhiko Ambiru
Mizuho Securities Co., Ltd. Yasunobu Katsuki
Morgan Stanley Japan Securities Co., Ltd. Tomoyuki Hirose
Nikko Citigroup Limited Akane Enatsu
Nomura Securities Co.,Ltd. Yoshikazu Ichizaki
Shinko Securities Co., Ltd. Yutaka Ban

(In alphabetical order of firm)

Note)

City of Yokohama is followed by the, analysts/strategists listed above. This list of analysts/strategists was obtained from sources available to City of Yokohama, and is subject to change.

Analysts/strategists, irrespective of whether they are listed or not listed in this table, exercise their own judgment in their analysts/strategists of City of Yokohama's financial situation, etc., and make forecasts. Please be aware that City of Yokohama is not involved in any process of making these forecasts. City of Yokohama does not endorse or support the estimates, opinions and recommendations of the analysts/strategists listed here, nor does City guarantee their accuracy.

When making investment decisions, any reliance on these reports is at the investor's own discretion.

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