Mitsui self-acquires company stocks Acquisition of company's share in compliance with the stipulations of Clause 210 of Business Law
We hereby notifies that it was decided, at the board of directors on 03/28/02, to purchase the company's shares by applying Clause 210 of Business Law.
Details
1. Reason for self-purchase of shares
The self-purchase of shares is executed in order to properly correct the supply-demand relationship of this company's stocks in the market.
2.The contents of acquire
(1)The kind of stocks to acquire
Common stock
(2)The total of the stocks to acquire
3 million stocks (maximum)
(3)The total of a stock acquisition price
4,500 million yen (maximum)
(Note)
Above decision by the board of directors will be settled in due form on condition that "the bill of acquisition of the company's shares" is approved at the 68th annual meeting of shareholders of this company to be held on April 25 (Thursday), 2002.