Purchase of Own Securities

RNS Number:5302L
Autobacs Seven Co.Ld
26 May 2003

To Whom It May Concern:

May 26, 2003

Company:          Autobacs Seven Co., Ltd.
Code No.:         9832   Tokyo, Osaka, London Stock Exchange
Head Office:      13-16,mita 3choume Minato-ku, Tokyo, Japan
Contact:          Takashi Matsuo, Director
Phone:            [phone]


     Notice of Buy Order to Repurchase of It's Own Shares Through ToSTNeT-2

We hereby inform you that Autobacs Seven Co. Ltd. decided the specific methods
to repurchase its own shares from the market pursuant to provisions of Article
210 of the Commercial Code of Japan by Board Resolution on May 26, 2003  as
follows:

1.       Repurchase Method

At 8:45 a.m. on May 27, 2003, Autobacs Seven will place a buy order on ToSTNeT-2
of the Tokyo Stock Exchange at Yen 2,050 per share, the closing price on May 26, 
2003. No other transaction systems or times will be involved. The buy order
will be limited to 8:45 a.m.

2.       Detail of repurchase

(1)  Type of shares to be repurchased       Common shares of Autobacs Seven 
                                            Co., Ltd.
(2)  Number of shares to be repurchased     900,000 shares

   (Note 1)  No change will be made in the number of shares to be repurchased.
             However, some or all of the number of shares specified in buy order 
             may not be repurchased depending on market conditions and other 
             factors.

   (Note 2)  The specified number of shares will be repurchased on the basis of 
             corresponding sell orders.

3.   Anouncement of results of repurchase

The results of the repurchase will be announced after the close of repurchase
time of 8:45 a.m. on May 27, 2003.

Reference

1. The Matter was resolved at the Annual General Meeting of the Company held on
June 27, 2002.

(1) Type of shares to be repurchased               Common shares of Autobacs 
                                                   Seven Co., Ltd.
(2) Aggregate number of shares to be repurchased   Up to 2,000,000 shares
(3) Aggregate repurchase value                     Up to JPY 10,000,000,000.



2. Status of the repurchase program as of May 26, 2003.

(1) Aggregate number of shares repurchased         1,000,000 shares
(2) Aggregate value of shares repurchased          JPY  2,565,000,000.






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