TDK TDK

    Contact in TDK:

Nobuyuki Koike
TDK Corporation
Corporate Communications Dept.
Tel: (81)-3-5201-7102
E-mail: pr@mb1.tdk.co.jp

             TDK to Acquire Invensys plc.'s Power Supply Business              

TOKYO JAPAN, July 19, 2005 --- TDK Corporation (the "Company") today announced
that it has signed an agreement to acquire London-headquartered Invensys plc.'s
Lambda Power Division, which mainly develops, manufactures and sells power
supplies, at a cost of approximately US$235 million (approx. 26.0 billion).
Invensys plc. is listed on the London Stock Exchange.

The Lambda Power Division consists of Lambda USA, Lambda Europe, Densei-Lambda
KK and other entities and conducts business in 13 countries around the world.
The division has bases in the U.S., Canada, the U.K., Germany, France, Italy
and Sweden. Densei-Lambda KK operates in Japan, Israel, China, Malaysia,
Singapore and Thailand.*

Under the terms of the agreement, the TDK Group will be the sole owner of
Lambda Power businesses in the U.S. and Europe and acquire approximately 58% of
the shares of Densei-Lambda KK.

Densei-Lambda KK and other companies of the Lambda Power Division boast
outstanding capabilities in terms of technology, sales and marketing as
specialist manufacturers of power supplies. TDK conducts a power supply
business that is based on expertise in electronic materials, particularly
ferrite. The acquisition is intended to establish a more resilient operating
base in the power supply field, which is expected to continue to grow in the
years ahead, by combining TDK's strengths with those of the various businesses
of the Lambda Power Division.

Overview of the Lambda Power Division
Belonging to Invensys plc., this business division primarily develops,
manufactures and sells power supplies. The division has bases in the U.S.,
Europe, Asia and elsewhere. Densei-Lambda KK is its Japanese arm.
Annual turnover: approx. US$ 437million (March 2005 fiscal year)

Overview of Densei-Lambda KK*http://www.densei-lambda.com/*
Established: 1970
Annual turnover: approx. Yen 34.1 billion (March 2005 fiscal year)
Business lines: Development, manufacture and sales of various types of power
supplies (mainstay products are switching power supplies and uninterruptible
power supplies)
No. of employees: Consolidated: 2,720; Non-consolidated: 636 (as of March 31,
2005)
Stock exchange listings: First section of the Tokyo and Osaka stock exchanges

Overview of Invensys plc. (http://www.invensys.com/)
Headquarters: London, England
Established: 1819
Annual turnover: approx. GBP 2.9 billion (March 2005 fiscal year)
Business lines: Railway control systems, manufacturing equipment and control
systems, building control systems, etc.
No. of employees: approx. 30,000 (in around 60 countries)
Stock exchange listings: London Stock Exchange ISYS.L

Overview of TDK ( http://www.tdk.co.jp/tetop01/index.htm/)
TDK Corporation (NYSE: TDK) is a leading global electronics company based in
Japan. It was established in 1935 to commercialize "ferrite," a key material in
electronics and magnetics. TDK's current product line includes ferrite
materials, electronic components, wireless computer networking products,
magnetic heads for HDD, and advanced digital recording media.

*Refer to the explanatory sheet attached to this release.
 http://www.tdk.co.jp/teaah01/aah16400.htm



END

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