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[May 27, 2005]
We hereby announce that we plan to conduct the off-floor distribution of shares as follows:
| 1. Number of shares to be sold | : | 152,200 shares |
|---|---|---|
| 2. Date of sales | : | June 1, 2005 (Wednesday) | June 7, 2005 (Tuesday) |
| 3. Sales price of the shares | : | The sales price of the shares is to be fixed based on the closing price of the day prior to the sales. |
| 4. Maximum number of shares to be subscribed | : | Up to 1,000 shares per subscriber (The sales unit shall be 100 shares.) |
| 5. Stock exchange to implement the off-floor distribution | : | Tokyo Stock Exchange, Inc. |
| 6. Purpose of the off-floor distribution | : | To improve distribution of the company fs shares |
We may cancel or postpone the distribution, in case it becomes difficult due to sharp stock-market fluctuations or other reasons.