Komatsu to Delist Shares from Five Stock Exchanges

At the Board of Directors' meeting held on October 8th, 2004, Komatsu Ltd. (the "Company") made a resolution to submit applications to delist its shares from the following five stock exchanges:

In Japan:Nagoya Stock Exchange, Sapporo Securities Exchange and Fukuoka Stock Exchange

Overseas:Frankfurt Stock Exchange (Germany) and Luxembourg Stock Exchange

Trading volume of shares of the Company on each of the above-mentioned five stock exchanges is very low, and thus the delistings would cause no substantial inconvenience to the Company's shareholders and investors.

In Japan:Tokyo Stock Exchange and Osaka Securities Exchange

The Company plans to submit applications to delist its shares from the relevant stock exchanges in October.
The Company expects to complete the following delisting process:

In Japan:After the applications for the delisting of the Company's shares are accepted by each stock exchange, subject shares will be put in administrative status. The delisting procedures will be completed one month after being given the administrative status.

Overseas:After the applications for the delisting of the Company's shares are accepted by each stock exchange, the delisting is expected to take effect, subject to the rules and procedures of the relevant stock exchange, by May 2005.

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