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Nissan to implement additional production adjustment from January 2009

Tokyo (Dec. 17, 2008) - Nissan Motor Co., Ltd. announced an additional production reduction of 78,000 units from its plants in Japan starting from January 2009. This further reduction is necessary to manage inventory levels and ensure a balanced production supply, in response to continued declines in global vehicle sales.

Nissan continues to monitor the volatile automotive market, in order to respond in a quick and effective manner, by implementing the corresponding production adjustments.

The production adjustments are as follows:

1. Production

<Assembly Plant>
Plant Effective January 2009
Tochigi Implement non-operating days and reducing production line speed.
Kyushu
Oppama
<Engine Plant>
Plant Effective January 2009
Yokohama
Iwaki
Implement non-operating days according to the production plan.
Iwaki VQ engine assembly line to be reduced to one shift as of mid-January.

2. Workforce
Nissan will gradually reduce 500 short-term employees within the first quarter from January through March 2009.

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