Komatsu Ltd. (the gCompanyh) presents the following notification of the resolution made at its Board of Directors meeting held on June 25, 2004. Pursuant to the provisions of Articles 211-3-1-2 of the Commercial Code of Japan, the Company resolved the purchase of its own shares.
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Komatsu to Purchase Its Own Shares
(Share Purchase Pursuant to the Provisions of Article 211-3-1-2 of the Commercial Code)
1. Reasons for Purchase of Its Own Shares.
The Company will be able to facilitate quick and flexible equity management in response to the changing economic environment.
2. Shares to be Purchased by the Company
| (1) Type of shares to be purchased: | Outstanding Common stock of Komatsu Ltd. |
| (2) Total number of shares to be purchased: | Up to 1,500,000 shares. (0.15% of total outstanding shares) |
| (3) Total cost of purchase: | Up to 1,200,000,000 yen. |
| (4) Period to be purchased: | From July 1 to July 30, 2004. |
[Reference] Possession of Treasury Shares as of May 31, 2004.
| The Companyfs total outstanding shares: | 992,573,214 shares. (Excluding of Treasury shares) |
| Possession of Treasury shares: | 6,170,846 shares. |
Information in the news releases is current on the date of the announcement and is subject to change without notice.
2004/06/25
KOMATSU Corporate Communications
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