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Elpida Memory Announces Corporate Auditor Appointments

TOKYO, May 27, 2005 - Elpida Memory, Inc (Elpida), Japan's leading global supplier of Dynamic Random Access Memory (DRAM), today decided candidates for the positions of Corporate Auditors. The selections are subject to the approval of the Ordinary General Meeting of Shareholders to be held on June 28, 2005.

Candidates for Corporate Auditors

Name Title
Masaji Kubo Executive officer
Yoshiatsu Hayashi Senior Manager, Hitachi, Ltd.

Mr.Yoshiatsu Hayashi is a candidate who fulfills the qualification requirements to be outside corporate auditor as provided for in Article 18-1 of the Commercial Code of Japan.

Mr. Mitsuyoshi Toyoshima, Corporate auditor now in office, will resign its position after the Ordinary General Meeting of Shareholders to be held on June 28, 2005.

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The information contained within this news release, is current as of the date of release. Please note that the information herein may be revised later without prior notice.

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