RNS Number:1441O
Toshiba Corporation
30 July 2003

                                                                   July 30, 2003



                                               Tadashi Okamura, President & CEO
                                                             Toshiba Corporation
                                         Shibaura 1-1-1, Minato-ku, Tokyo, Japan
                                        Contact: Hideo Kitamura, General Manager
                                                  Corporate Communication Office
                                                             Tel: 81 3 3457 2096

                                                           

                        NOTICE OF STOCK REPURCHASE PLAN
                Repurchase of shares pursuant to the provisions
                   of Article 211-3 of the Commercial Code 


We hereby inform you that Toshiba Corporation (Toshiba) has decided to purchase
its own shares that are now in possesion of Toshiba's subsidiary, pursuant to
the provision of Article 211-3 of the Commercial Code, as follows:

1.   Name of the subsidiary: Toshiba IT-Solutions Corporation (TOIC)

2.   Reason for repurchase: Toshiba wishes to purchase its own stock held by
     TOIC, following the March 20, 2003 exchange of Toshiba stock for 
     IT-Services Corporation stocks held by TOIC.

3.   Details of repurchase:
     (1)   Type of shares to be purchased: Common Stock of Toshiba
     (2)   Total number of shares to be purchased: 2,057,000
     (3)   Total purchase price: 946,220,000 yen
     (4)   Planned date of purchase: July 31,2003


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