November 30, 2004

Nippon Paper Group Joins U.N.-Led Global Compact

Nippon Paper Group‚ Inc.

Nippon Paper Group, Inc. (President: Takahiko Miyoshi) joined the Global Compact proposed by the United Nations.
On October 22, 2004, the president of Nippon Paper Group addressed a signed letter announcing the Company's participation in the Global Compact to the Secretary General of the United Nations. The Company has been included in the list of participating companies on the U.N. website since November.

In addition to joining the Global Compact, Nippon Paper Group has also been working towards realizing a sustainable society as a member of the World Business Council for Sustainable Development (WBCSD). The Company has set up a Corporate Social Responsibility (CSR) Committee and a CSR Office to establish its CSR system in October 2003.
With its recent participation in the Global Compact, the Company declared its determination to strive for the development of a worldwide framework for creating a sustainable society. Nippon Paper Group will be committed to ensuring that CSR takes root in the corporate culture and to making continued improvements to its corporate value.

The Global Compact was proposed by the Secretary General of the United Nations Kofi A. Annan in 1999 and contains ten principles in four different areas: human rights, labour, environment and anti-corruption.
Participating companies endeavor to promote and fulfill the ten principles on a voluntary basis with a view towards attaining the sustainable development of the society. As of November 15, 2004, there were a total of 1,890 institutional members across the globe. The Company is the 23rd member from Japan.

The following websites provide information on the CSR initiatives at the Nippon Paper Group, Inc.
http://www.np-g.com/csr/ (in the Japanese language)
http://www.np-g.com/e/csr/ (in the English language)

For further information about the Global Compact, please visit
http://www.unic.or.jp/globalcomp/