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IR News

Notice of Off-Floor Distribution of Shares

[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.