RNS Number:7607J
Kobe Steel Ld
08 April 2003

8 April 2003

                                 Kobe Steel, Ltd.
                                 ----------------

Intention to delist from the London Stock Exchange

Kobe Steel, Ltd. ("Kobe Steel") announced on 3 April 2003 that it intends to
delist its securities from the Official List of the UK Listing Authority and
from trading on the London Stock Exchange plc ("London listing").  This action
is being taken due to the small trading volume of Kobe Steel shares on the
London Stock Exchange and the costs associated with the maintenance of the
London listing.

This decision will not require any specific action by United Kingdom
shareholders. After cancellation of the London listing, the majority of share
trading in Kobe Steel shares will continue to take place on the Tokyo Stock
Exchange, Osaka Securities Exchange, and Nagoya Stock Exchange in Japan,
respectively.

It is now anticipated that the London listing will be withdrawn with effect from
the close of business on May 15, 2003.

For further information please contact:

Kazuyuki Tanaka

Deputy General Manager, Legal Department
+81 78 261 4099


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