RNS Number:3732H
Autobacs Seven Co.Ld
12 February 2003

To Whom It May Concern:



Feb.12, 2003



Company:         Autobacs Seven Co. Ltd.
Stock Code:      9832
Head Office:     13-16,mita 3choume minato-ku, Tokyo, Japan
Contact:         Takashi Matsuo, Director
Phone:           +81-3-3453-0062



              Notice of Buy Order to Repurchase of It's Own Shares

                               Through ToSTNeT-2



We hereby inform you that Autobacs Seven Co. Ltd. has decided the specific
method to repurchase its own shares from the market pursuant to provisions of
Article 210 of the Commercial Code of Japan by Board Resolution on Feb.12, 2003
, as follows:



1.  Repurchase Method

At 8:45 a.m. on Feb. 13, 2003, Autobacs Seven will place a buy order on
ToSTNeT-2 of the Tokyo Stock Exchange at Yen 2,565 per share, the closing price
on Feb.12, 2003. No other transaction systems or times will be involved. The buy
order will be limited to 8:45.



2.  Detail of repurchase

(1)  Type of shares to be repurchased     Common shares of Autobacs Seven co.,ltd.

(2)  Number of shares to be repurchased   1,100,000 shares

(Note 1) No change will be made in the number of shares to be repurchased.
However, some or all of the number of shares specified in buy order may not be 
repurchased depending on market conditions and other factors.

(Note 2) The specified number of shares will be repurchased on the basis of
corresponding sell orders.



3.  Anouncement of results of repurchase

The results of the repurchase will be announced after the close of repurchase
time of 8:45 a.m. on Feb.13, 2003.



Reference

1 The Matters was resolved at the Annual General Meeting of the Company held on
June 27, 2002.

(1) Type of shares to be repurchased         Common shares of Autobacs Seven co.,ltd.

(2) Aggregate number of shares to be repurchased         Up to 2,000,000. shares

(3) Aggregate repurchase price                           Up to JPY10,000,000,000.



2 This is the first repurchase of its own shares based on the Resolution.




                      This information is provided by RNS
            The company news service from the London Stock Exchange
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