News Releases Corporate Profiles

March 9, 2000
Hitachi Awarded Contracts for Internet-Based Technical Service Agreements with Canadian Power Companies
Hitachi, Ltd.(NYSE:HIT)  today announced that it has entered Technical Service 
Agreements (TSAs) with two Canadian companies, ATCO Power, Ltd. in January and 
SPC(SaskPower Corporation, Ltd.) in February. The TSAs are part of Hitachi's 
Medium-term Business plan called the i.e. HITACHI Plan to become a "best solutions 
partner." These are the first TSAs that Hitachi has formed with Canadian companies, 
and the agreements call for Hitachi to provide a fast response on a 24 x 7 basis to 
customer requests received via the Internet. 

Over the past 30 years, Hitachi has delivered 19 steam turbines to seven power 
companies in Canada. As the majority of these facilities have been in operation for more 
than 20 years, they need technical support to be maintained effectively to enhance their 
utilization rates and operate efficiently. 

In response to these requirements, Hitachi began discussing TSAs with Canadian power 
companies roughly a year ago leading to the official signings in January and February 

Through Hitachi's Canadian subsidiary, Hitachi Canadian Industries Ltd. (HCI), the 
Power & Industrial Systems Group will strive to win orders for maintenance contracts 
in addition to TSAs and continue to renew itself by building the infrastructure to 
provide best solutions for its customers. 

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