Notice of AGM

RNS Number:2919M
Autobacs Seven Co.Ld
13 June 2003

(Translation)


June 11, 2003


To Our Shareholders


Koichi Sumino
Representative Director
AUTOBACS SEVEN CO., LTD.
13-16, Mita 3-chome,
Minato-ku, Tokyo





                             CONVOCATION NOTICE OF
               THE 56TH ORDINARY GENERAL MEETING OF SHAREHOLDERS



Dear Sirs and Madams:

          Notice is hereby given that the 56th ordinary general meeting of
shareholders of AUTOBACS SEVEN CO., LTD. (the ''Company'') will be held in
accordance with the schedule described below.  Your attendance is respectfully
requested.

          If you are not able to attend the meeting, after examining the
reference documents as set forth below, please indicate your intention to vote
''for'' or ''against'' each agenda, and affix your seal to the voting
instructions form enclosed herewith and send such form to us.

                                    Schedule

1.       Date and time:   June 26, 2003 (Thursday) at 10:00 a.m.

2.       Place: Room Houou, The Sasakawa Hall 4F
                            12-12, Mita 3-chome, Minato-ku, Tokyo

3.       Subject matters of the meeting:

            Matters to be reported:

         Matters concerning report on the balance sheet as of March
         31, 2003 and the statement of income and the business report for the 
         56th Fiscal Year (from April 1, 2002 to March 31, 2003).

            Matters to be resolved:

         Agenda Item No. 1: Matters concerning approval of proposed
         appropriation of retained earnings for the 56th fiscal year

         Agenda Item No. 2: Matters concerning a partial amendment to the
         Articles of Incorporation

         Agenda Item No. 3: Matters concerning repurchase of its own shares

         Agenda Item No. 4: Matters concerning election of nine (9) Directors

         Agenda Item No. 5: Matters concerning election of four (4) 
         Corporate Auditors

         Agenda Item No. 6: Matters concerning the grant of retirement 
         allowances to retiring Directors

         Outline of Agenda Item No. 2 and Agenda Item No. 3 shall be as
         set forth in the ''Reference Documents with Respect to Exercise of the 
         Voting Rights'' below (from page 28 to page 39).



         When attending the meeting on the date set forth above, please submit
the voting instruction form enclosed herewith to the reception desk at the
entrance to the meeting place.




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            The company news service from the London Stock Exchange
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