kuraray


News Releases

Notice Concerning Results of Acquisition of Own Shares
through ToSTNeT-2

Dec. 2, 2003
KURARAY CO., LTD.

Kuraray Co., Ltd. announces that it has today completed acquisition of its own shares in accordance with details announced on December 1, 2003.

1.Type of shares acquired
Common stock of Kuraray Co., Ltd.
2.Number of shares acquired
1,875,000 shares
3.Acquisition price
¥818
4.Acquisition date
December 2, 2003 (Tuesday)
5.Acquisition method
Through ToSTNeT-2
(Tokyo Stock Exchange Trading Network System-2 closing price orders)

(Reference)

1.Details of the resolution of the Ordinary General Meeting of Shareholders held on June 26, 2003

(1)Type of shares to be acquired
Common stock of Kuraray Co., Ltd.
(2)Maximum number of shares allowed for acquisition
30,000,000 shares
(3)Maximum allowable purchase value
¥30 billion

2.Details of common stock acquired from June 26, 2003 to December 1, 2003

(1)Aggregate number of shares acquired
2,275,000 shares
(2)Aggregate amount of acquisition
¥1,859,168,000