CORRECT: BOJ: New Deputy Governors To Meet Press at 1730 JST

--Correcting Wakatabe's Age To 53 From 52 in 5th Paragraph

     TOKYO (MNI) - The Bank of Japan's new deputy governors, Masayoshi Amamiya

and Masazumi Wakatabe, will hold a news conference at 1730 JST (0830 GMT)

Tuesday after taking office earlier in the day, the BOJ said.

     They replaced Hiroshi Nakaso and Kikuo Iwata, whose five-year terms ended

Monday.

     Amamiya, 62, is a career central banker. He has been responsible for

drafting many of the bank's monetary policy measures, including the policies on

quantitative and quality easing and negative interest rates.

     Amamiya has said BOJ officials "are discussing what exit options the BOJ

has and how they should be used" in preparation for the eventual unwinding of

large-scale monetary easing. He has also said how the BOJ should exit from

easing will depend on economic and financial conditions at the time.

     Wakatabe, 53, is a reflationist who has advocated bold monetary easing to

overcome deflation. He was an economics professor at Waseda University.

     Wakatabe has said he would like to assess whether the current easy policy

is enough to achieve the 2% inflation target and that he would propose to

conduct additional easing if necessary. He also has said that there is no limit

to additional easing tools without giving details.

--MNI Tokyo Bureau; tel: +81 90-4670-5309; email: max.sato@marketnews.com

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