Description Issue date Balance at end of FY 2007
(million yen)		 Interest rate (%) Maturity
  Yen-denominated convertible bond-type of warrant bond maturing in 2011 15-Dec-06 11,000 - 15-Dec-11
Total - - 11,000 - -


Notes
1. Details of the above warrant bond are as follows

Type of shares Common stock of Nabtesco Corporation
Issue price of stock warrant Gratis issue
Unit issue price of shares (yen) 2,000
Total value of shares to be issued (million yen) 11,000
Total value of shares issued upon exercise of stock warrants -
Ratio of stock warrants vested (%) 100
Exercise period of stock warrants From December 29, 2006 to December 1, 2011
Matters concerning payment in lieu of cash (Note)

Note: Exercise of the stock warrant by a holder of this warrant bond shall be deemed a request for the Company to redeem the bond and retain the redemption proceeds as the bondholder’s payment of the amount to be paid in upon exercise of the stock warrant.