JFE Holdings, Inc
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December 26, 2006

  Notification of Modification of Non-Consolidated Earnings Forecast
for Fiscal Year ending March 31, 2007

Name of company: JFE Holdings, Inc.
Representative:   Fumio Sudo, President and CEO
Listings:   Tokyo, Osaka and Nagoya stock exchanges in Japan
Code number:   5411
Contact:   Shuichiro Hayashi, Manager,
Public Relations Sec., General Administration Dept.
Tel: +81-3-3217-4030

TOKYO - JFE Holdings, Inc. today announced it has modified its non-consolidated results forecast for the fiscal year ending March 31, 2007, which was released with the interim results announcement on October 26, 2006.

1. Modification of full-year non-consolidated results forecast (April 1, 2006 to March 31, 2007)

Modification of full-year non-consolidated results forecast

2. Reason for modification

The forecast was modified because JFE Holdings decided to receive dividends of 120 billion yen from operating companies. The latest modification includes dividends to be received from consolidated subsidiaries and has no effect on the company’s consolidated results forecast.

Note:These forecasts are based upon management’s conclusions in light of information available at the date of publication. Actual results may differ materially from these forecasts.


For further information, please contact:

Mr. Shinji Okutsu
Public Relations, General Administration and Legal Division
JFE Holdings, Inc.
Tel: +81-3-3217-4030


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