RNS Number:7280L
Takefuji Corporation
30 May 2003


For release Immediately

Representative Akira Kiyokawa, President

Contact Investor Relations

Tel 81333658011 Fax 81333658070

Stock Code No 8564 TYOSE

Takefuji to press criminal charges against Mr.Shunsuke Yamaoka, the editor of
Tokyo Outlaws, for defamation

On May 30, 2003 Tokyo, Japan

Takefuji Corporation and our Chairman and Representative Director, Mr. Yasuo
Takei, have today initiated proceedings through the Kitazawa Metropolitan Police
station to bring charges against Mr.Shunsuke Yamaoka, chief editor of the
internet magazine Tokyo Outlaws, on grounds of defamation under article 172 of
the criminal code.

Takefuji Corporation and Mr. Takei, as plaintiffs in this matter, consider that
on May 27th 2003 Mr. Yamaoka defamed them by falsely asserting to a legal
officer of the Metropolitan Police at Kitazawa police station that the
plaintiffs had contravened the Telecom Business Law by having a phone tap
installed at Mr. Yamaoka's home and by making recordings of his telephone
conversations, when in fact neither the Company nor Mr.Takei had given any such
instruction. We have therefore today initiated criminal proceedings in this
matter.

Takefuji Corporation will continue to take resolute action to defend itself
against baseless and malicious assertions of this sort.






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