direct/All Nippon Airways: Statement regarding Resolutions

(openPR) ANA to Dissolve Two Consolidated Subsidiary Companies.

TOKYO August 5, 2005 ANA (All Nippon Airways TSE: 9202) will dissolve Grand Avenue Hotel Investment, Inc and The FLT 1&2, Inc, both wholly owned subsidiaries of ANA Hotel & Resorts (USA) Inc, itself a wholly subsidiary of ANA.

ANA has ceased hotel sales operations in the United States, therefore both companies no longer fulfill any function, and ANA does not intend to use them for any other purpose. Dissolution is scheduled to take place by the end of August 2005.

As there will be no financial loss incurred by the dissolution, it will have no effect on financial results for the year ending March 31, 2006.

Details of the companies to be dissolved:

1) Grand Avenue Hotel Investment, Inc
Head office address: Los Angeles, California, USA
President: Yuzuru Osaki
Paid in Capital: US$ 1,000
Field of Operation: Hotel related

2) The FLT 1&2, Inc
Head office address: Washington D.C., USA
President: Yuzuru Osaki
Paid in Capital: US$ 1,000
Field of Operation: Hotel related

For further information, please contact ANA Associated Business development, Mr: Iizuka,