RNS Number:0239M
Takefuji Corporation
06 June 2003


  For release Immediately

  Representative Akira Kiyokawa, President

  Contact Investor Relations

  Tel 81333658011 Fax 81333658070

  Stock Code No 8564 TYOSE

  Notice of purchase of Treasury Stock in June 2003

  Tokyo,June 6, 2003 Takefuji Corporation (the "Company") today announced its
  intention to purchase its Treasury Stock, which was resolved at the meeting
  of the Board of Directors held on June 6, 2003 in conformity with Clause
  210 of the Japanese Commercial Code, and in accordance with the resolution
  at the 35th Ordinary General Meeting of shareholders held on June 27, 2002,
  as follows:

  Details of Treasury Stock Buyback are as follows:
  1.   Purchase Period:   June 12, 2003 to June 25, 2003
  2.   Maximum number of  1,500,000 shares
       shares purchased:
  3.   Maximum amount of  Yen 13,500,000,000 (13.5 billion)
       purchased value:
  4.   Method of          Purchase on the Tokyo Stock Exchange
       purchase:
  5.   Reason of          The Company acquired its treasury stock in
       purchase:          consideration of its agile capital strategy from
                          the viewpoint of its capital efficiency.

  Reference
  1. A program of buying back shares was approved at the 35th Annual
     Stockholder's Meeting on June 27, 2002 as follows:
     (1)Type of shares to be acquired: Common stock of Takefuji Corporation
     (2)Maximum number of shares to be acquired: 13 million shares
     (3)Maximum amount of acquisition: 150 billion yen
  2. Aggregate total of treasury stock purchased as of the end of May 2003
     after the resolution at the 35th Annual Stockholder's Meeting on June
     27, 2002:
     (1)Aggregate total number of shares purchased: 3,814,000 shares
     (2)Aggregate total purchased value: Yen 23,202,913,600



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