Tower Records Inc. (Head Office: Shibuya-ku, Tokyo / President and CEO: Ikuo "Ikuo" Waki) announces that the following officer appointments were decided at the Extraordinary General Meeting of Shareholders and Board of Directors held on Tuesday, June 30, of this year. (As of June 30) Hiroyuki Watanabe, Auditor (As of July 1) Kayoko Shirakawa, Director Kunihiko Hayashi, Auditor Haruyuki Nakayama, Auditor Masayuki Muto, Executive Officer End Tower Records Inc. / Tower Records Japan Inc. Address: Head Office: 1-22-14 Jinnan, Shibuya-ku, Tokyo Heiwajima Office: JS Progress Bldg. 7F, 4-1-23 Heiwajima, Ota-ku, Tokyo Product Center: Heiwajima PD Center 6F, 1-2-30 Heiwajima, Ota-ku, Tokyo Founded: August 1979 Established: December 1981 Capital: 100 million yen ◇ Retail Distribution Business - Sales of music software, video software, books, magazines, miscellaneous goods, tickets, etc. at Tower Records, Tower Records Mini, and Tower Records Online. - Operation of a marketplace on Tower Records Online. - Import and wholesale of music and video software. - Purchase and sale of used records. - Planning, manufacturing, and sales of miscellaneous goods, apparel, etc. ◇ Music Production/Copyright Management and Operations Business - Operation of music labels. - Artist management. - Copyright management of music and literary works, and production of master recordings. ◇ Food and Beverage Business - Planning and operation of the entertainment cafe "TOWER RECORDS CAFE". - Planning and operation of the beer bar "TOWER RECORDS BEER". President and CEO: Ikuo Waki Representative Director: Saori Miyahara Director (CFO/CIO): Hiroshi Seto Director: Hisashi Nakagome Director: Kayoko Shirakawa Director: Hideo Suetsugu Director: Nobuhiko Goto Director: Kazunori Takagi Auditor: Kunihiko Hayashi Auditor: Haruyuki Nakayama Executive Officer: Nobutomo Kagemori Executive Officer: Yuki Kaneko Executive Officer: Takashi Marui Executive Officer: Masayuki Muto 73 stores (Tower Records: 55 stores, Tower