Revision of Projections for the Fiscal Year Ending March 31, 2008

Komatsu Ltd. has revised the projections for consolidated and non-consolidated results for the fiscal year ending March 31, 2008, which the Company announced on July 30, 2007.

As we had earlier projected concerning the global market conditions for construction and mining equipment, the decline in North American demand was covered by the increase in demand in other regions of the world. This demonstrated the strong growth of global demand during the first half period under review. However, we are anticipating larger sales in China, Latin America and some other regions of the world than our earlier projections, and thereby we have revised our projection of both consolidated and non-consolidated full-year business results based on the assumption of average foreign exchange rates below.

Cautionary Statement
The announcement set forth herein contains forward-looking statements which reflect management's current views with respect to certain future events, including expected financial position, operating results, and business strategies. These statements can be identified by the use of terms such as "will," "believes," "should," "projects" and similar terms and expressions that identify future events or expectations. Actual results may differ materially from those projected, and the events and results of such forward-looking assumptions cannot be assured.
Factors that may cause actual results to differ materially from those predicted by such forward-looking statements include, but are not limited to, unanticipated changes in demand for the Company's principal products, owing to changes in the economic conditions in the Company's principal markets; changes in exchange rates or the impact of increased competition; unanticipated cost or delays encountered in achieving the Company's objectives with respect to globalized product sourcing and new Information Technology tools; uncertainties as to the results of the Company's research and development efforts and its ability to access and protect certain intellectual property rights; and, the impact of regulatory changes and accounting principles and practices.