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Announcement of Simplified Merger with Subsidiaries

Fujitsu Limited

Tokyo, May 20, 2005

Fujitsu Limited today announced that, as of July 1, 2005, Fujitsu Info Software Technologies Limited, Fujitsu Prime Software Technologies Limited, Fujitsu Hyper Software Technologies Limited, Fujitsu Network Technologies Limited, and Fujitsu Mobile Communication Technologies Limited will be merged into Fujitsu Limited.

1. Objective of the Merger

In order to further increase development speeds, raise quality and improve efficiency in its platforms business, Fujitsu has been considering how to optimize the allocation of its resources. This merger will be implemented in conjunction with this initiative.

In recent years in the platforms business, with the convergence between networking and IT, increased system complexity, and the advancement of ubiquitous networking environments, customer needs are becoming more diverse and sophisticated. It is essential for Fujitsu to be able to respond quickly and accurately to these needs.

Fujitsu has, therefore, decided to consolidate its technologies with the five companies' accumulated strengths in software and networking technologies, as well as their product development management and overall expertise. Through this merger, Fujitsu will establish a development organization that maximizes its capability to quickly develop high-quality products, thereby enhancing its ability to provide products and services that meet customer needs.

2. Details of the Merger

(1) Merger Schedule
Signing of the merger agreement: May 20, 2005
Approval of the merger agreement at
the shareholders' meeting:

In accordance with the regulations set forth in Article 413 Section 3 Paragraph 1 (regarding simplified mergers) of the Commercial Code, the merger can proceed without shareholders' approval.
Date of merger: July 1, 2005
Registration of the merger: July 4, 2005 (anticipated)
(2) Merger Process
Fujitsu Info Software Technologies, Fujitsu Prime Software Technologies, Fujitsu Hyper Software Technologies, Fujitsu Network Technologies, and Fujitsu Mobile Communication Technologies will be dissolved as part of their merger and absorption into Fujitsu Limited, which will be the sole surviving entity.

(3) Merger Ratio
Since the five companies subject to the merger are all wholly owned subsidiaries of Fujitsu Limited, no exchange of shares will take place.

(4) Delivered Money Due to Merger
There will be no payment of cash for the merger.

3. Company Status after the Merger

(1) Company Name: Fujitsu Limited
(2) Business Operations: Production and sale of transmission systems, data processing systems and electronic devices, and related services
(3) Location: 4-1-1 Kamikodanaka, Nakahara-ku, Kawasaki-shi, Kanagawa Prefecture
(4) President: Hiroaki Kurokawa
(5) Capital: 324,625,000,000 (no increase of capital)
(6) Total Assets: The merger's effect on assets is minimal
(7) End of Fiscal Year: March 31
(8) Effect of Financial Results: The merger's effect on financial results is minimal

About Fujitsu

Fujitsu is a leading provider of customer-focused IT and communications solutions for the global marketplace. Pace-setting device technologies, highly reliable computing and communications products, and a worldwide corps of systems and services experts uniquely position Fujitsu to deliver comprehensive solutions that open up infinite possibilities for its customers' success. Headquartered in Tokyo, Fujitsu Limited (TSE: 6702) reported consolidated revenues of 4.7 trillion yen (US$44.5 billion) for the fiscal year ended March 31, 2005. For more information, please see www.fujitsu.com

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Company:Fujitsu Limited

Date: 20 May, 2005
City: Tokyo
Company: Fujitsu Limited, , , , ,