Present Situation of Takefuji

RNS Number:9643S
Takefuji Corporation
06 December 2003

For release              Immediately
Representative           Akira Kiyokawa, President
Contact                  Investor Relations
Tel: [phone]
Fax [phone]
Stock Listing Tokyo Stock Exchange, London Stock Exchange
Stock Code No. 8564 TYOSE

Present Situation of Takefuji

Mr. Yasuo Takei, Chairman and Representative Director of Takefuji Corporation,
has been taking into custody since December 2, 2003, on suspicion of having
infringed the Telecommunications Business Law with regard to intercepting
telephone calls.

We would like to offer our profound apologies and regrets for all concerns
caused to our customers, shareholders and investors.

We want to see the full truth of this matter made clear as soon as possible and
have been making every endeavor to cooperate with the ongoing investigation.

Our all branch offices are open and conducting business as usual.

This incident will give us no material adverse effects on our business operation
as our financial base continues to be firm, thanks to high equity ratio of 45.8%
at the end of September 2003 on a consolidated basis and diversified funding
sources.

We further committed ourselves continuing to always put the customer first and
ensuring efficient management across our company as a whole.

Your continuous goodwill and support for our endeavors will be appreciated.






                      This information is provided by RNS
            The company news service from the London Stock Exchange

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