Chairman             Gaishi HIRAIWA      Councillor
                                         The Tokyo Electric Power Company, Inc.
Acting Chairman      Tsuneo IIDA         Professor
                                         International Research Center for Japanese
                                         Studies
                     Minoru MUROFUSHI    President
                                         Japan Foreign Trade Council, Inc.
                     Tomomitsu OBA       President                                       
                                         Japan Center for International Finance
                     Tetsuro KAWAKAMI    Chairman of the Board and Chief Executive Officer 
                                         Sumitomo Electric  Industries, Ltd.
                     Toyoo GYOTEN        Councillor             
                                         The Bank of Tokyo Mitsubishi, Ltd.
                     Yukiharu KODAMA     President
                                         The Shokochukin Bank
                     Masashi SUZUKI      Chiarman
                                         Japan Securities Dealers Association
                     Miyako SUDA         Professor of Economics
                                         Gakushuin University
                     Shunsaku HASHIMOTO  President
                                         The Sakura Bank, Ltd.
                     Toshihiko FUKUI     Senior Deputy Governor
                                         The Bank of Japan
                     Chiseko FUKUDA      Lawyer, Partner
                                         Braun, Moriya, Hoashi & Kubota's Law Office
                     Yoshiharu MATSUO    Editorial Advisor
                                         Kyodo News Service
                     Hiroshi YASUDA      President
                                         The Export-Import Bank of Japan
                     Kisaburo IKEURA     Director & Counselor
                                         The Industrial Bank of Japan, Ltd.
                     Hiroyuki OSAWA      Special Consultant
                                         National Space Development Agency of Japan
                     Hiroshi KANEKO      Professor f Law
                                         Gakushuin University
                     Ryoichi KAWAI       Counselor
                                         Komatsu, Ltd.
                     Yoichi SHINKAI      Professor of Economics
                                         The Osaka International University
                     Michio FUSE         Economist
(February 1,1997) Chairman Tomomitsu OBA President Japan Center for International Finance Acting-chairman Hideki KANDA Professor of Law University of Tokyo Tsuneo IIDA professor International Research Center for Japanese Studies Norifusa KAGAMI Senior Executive Director The Export-Import Bank of Japan Masahiro KAWAI Professor, Institute of Social Science University of Tokyo Yoriko KAWAGUCHI Managing Director Suntory, Ltd. Yoshikazu KAWANA Executive Vice President Nissan Motor Co., Ltd. Koichi KIMURA Deputy President Daiwa Securities Co., Ltd. Shutaro KUBO Managing Director Mitsui Marine and Fire Insurance Co., Ltd. Nagayoshi KUDO Senior Managing Director The Sakura Bank, Ltd. Akira KOJIMA Deputy Chief Editorial Writer Nihon Keizai Shinbun, Inc. Masahiro SUGITA Director, International Department The Bank of Japan Yoshihiro SUZUKI Executive Vice President NEC Corporation Miyako SUDA Professor, School of Economics Gakushuin University Kunio SEIKI Deputy President The Industrial Bank of Japan Isao TERANISHI Managing Director The Nomura Securities Co., Ltd. Akihiko NAKANO Managing Director Meiji Life Insurance Company Yoshio NAKAMURA Managing Director KEIDANREN (Japan Federation of Economic organization) Hidehiko HARU Director & General Manager Tokyo Electric Power Company Kaoru HAYAMA Deputy President The Bank of Tokyo-Mitsubishi, Ltd. Kenichi HARA Managing Director The Norinchukin Bank Toshikatsu FUKUMA Senior Managing Director Mitsui & Co., Ltd. Takehiko MIZUSHIRO News Commentator Japan Broadcasting Corporation Kanami MURAKAMI Senior Managing Director The Chuo Trust & Banking Co., Ltd. Kanji MORISAWA Executive Vice President C. Itoh & Co., Ltd. Tomitaro YAZAWA Chairman Showa Ohta & Co. Tomonobu YAMASHITA Professor University of Tokyo Naoyuki YOSHINO Professor Keio University

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