(As of April 23, 1997)
                            Name
Chairperson
                Ryuichiro Tachi         Professor-Emeritus / The University of Tokyo
Deputy Chairperson
                Toyoo Gyoten            President / Institute for International Monetary Affairs
Ordinary Members
                Kenjiro Egashira        Professor / The University of Tokyo
                Masafumi Ohnishi        Chairman / Osaka Chamber of Commerce & Industry
                Yusai Okuyama           President / DDI Corporation
                Tetsuya Katada          Chairman of The Board / Komatsu Ltd.
                Akira Kojima            Chief Editorial Writer / Nihon Keizai Shinbun, Inc.
                Naotaka Saeki           Chairman / Federation of Bankers Associations of Japan
                Megumi Suto             Professor / Chuo University
                Seiji Tsutsumi          Chairman / Saison Corporation
                Chiyono Terada          Chief Executive Officer / Art Corporation
                Masahiko Nakanishi      Vice Chairman / Tokyo Chamber of Commerce & Industry
                Shiro Hara              Professor Emeritus / Yokohama City University
                Toshihiko Fukui         Senior Deputy Governor / Bank of Japan
                Sakuya Fujiwara         Chief Editorial Writer / Jiji Press, Limited
                Tsugio Yukihira         Vice Chairman / Japan Securities Dealers Associations
                Hatsuko Yoshioka        Secretary General / Housewives, Association (Shufuren)
Special Members
                Keimei Kaizuka          Professor / Chuo University
                Kenichi Kakudo          President / The Norinchukin Bank
                Kazumaro Kato           Chairman / The Second Association of Regional Banks
                Keikichi Kato           Chairman of The Board of Directors / The National Association of Shinkin Banks
                Takashi Tamaki          Chairman / Regional Banks Association of Japan
                Toyoshi Nakano          Chairman / Trust Companies Association of Japan
                Tetsuro Nishizaki       Adviser / Kyodo News
                Masao Nishimura         President / The Industrial Bank of Japan, Limited
                Hiroshi Huji            Cooperatives / National Central Society of Credit
(As of April 23, 1997)
                        Name
Chairperson
                Keimei Kaizuka          Professor / Chuo University
Deputy Chairperson
                Shoichi Royama          Professor / Osaka University
Ordinary Members
                Kazuhito Ikeo           Professor / Keio University
                Kenjiro Egashira        Professor / The University of Tokyo
                Hiroko Ohta             Associate Professor / Saitama University
                Muneharu Ohtsuka        Professor / Waseda University
                Yuri Okina              Senior Economist / The Japan Research Institute, Limited
                Tetsuya Katada          Chairman of The Board / Komatsu Ltd.
                Hideki Kanda            Professor / The University of Tokyo
                Toyoo Gyoten            President / Institute for International Monetary Affairs
                Yutaka Kosai            President / Japan Center for Economic Research
                Akira Kojima            Chief Editorial Writer / Nihon Keizai Shinbun, Inc.
                Yoshinori Shimizu       Professor / Hitotsubashi University
                Megumi Suto             Professor / Chuo University
                Naoki Tanaka            Commentator
                Chiyono Terada          Chief Executive Officer / Art Corporation
                Tsuruhiko Nanbu         Professor / Gakushuin University
                Tetsuro Nishizaki       Adviser / Kyodo News
                Shiro Hara              Professor Emeritus / Yokohama City University
                Hirotaro Higuchi        Vice Chairman / Federation of Economic Organization
                Yoshihiko Miyauchi      President and Grope CEO / Orix Corporation
                Yasushi Yamaguchi       Executive Director / Bank of Japan
                Yoshinori Yokoyama      Director / McKinsey & Company, Inc.
                Etsuya Washio           General Secretary / Japanese Trade Union Confederation
Special Members
                Toshiaki Ishi           Managing Director / The Chiba Bank Ltd.
                Akio Utumi              Senior Managing Director / The Mitsubishi Trust and Banking Corporation
                Takaharu Kimura         Managing Director / The Zenshinren Bank
                Naoyuki Kuribayashi     Senior Managing Director / The Norinchukin Bank
                Hirotada Seyama         Managing Director / The Tokyo Marine and Fire Insurance Co., Ltd.
                Tsuyoshi Nahara         Vice President / Nippon Life Insurance Company
                Yoshiomi Matsumoto      Managing Director / The Industrial Bank of Japan, Limited
                Takayo Mochizuki        Managing Director / The Sanwa Bank Limited
                Masamoto Yashiro        President / Citicorp/Citibank Japan
                Tetsuo Yamamoto         Deputy President / The Bank of Nagoya Ltd.
                Naoki Yokoyama          Managing Director / The Nikko Securities Co., Ltd.

[About the financial system reformation (The Japanese version of the Big Bang)]