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Notice Regarding Acquisition of Company's Own Stock

-Acquisition of Shares of the Company's Own Stock in Accordance with the Articles of Incorporation Pursuant to Article 165, Section 2 of the Company Law-

Fujitsu Limited

Tokyo, May 24, 2007

Fujitsu Limited announced that at a meeting of its board of directors held today a decision was made to acquire shares of the company's own stock in accordance with Article 156 of the Company Law as applied in lieu of Article 165, Section 3 of the same law. This is consistent with Fujitsu's Articles of Incorporation pursuant to Article 165, Section 2 of the Company Law. Further details are outlined below.

1. Reasons for Acquiring Own Shares
As announced separately and approved at a meeting of Fujitsu’s board of directors today, it has been decided to convert Fujitsu Access Limited, Fujitsu Devices Inc., and Fujitsu Wireless Systems Limited into wholly owned subsidiaries through an exchange of shares, effective August 1, 2007, and share exchange agreements were signed today with each of the three companies.

Fujitsu is acquiring shares of its own stock that will be allocated to shareholders of the three companies pursuant to the exchange of shares.

2. Transaction Details

(1) Type of shares to be acquired: Fujitsu Limited common stock
(2) Number of shares to be acquired: 34,400,000 shares (maximum)
(1.66% of total outstanding shares)
(3) Total value of shares to be acquired: 28.0 billion yen (maximum)
(4) Schedule of transactions: May 25 - July 31, 2007

For reference:
Treasury stock held by Fujitsu Limited as of April 27, 2007

• Total number of shares outstanding (excluding treasury stock): 2,067,078,507 shares
• Number of shares held as treasury stock: 2,939,706 shares

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 create infinite possibilities for its customers' success. Headquartered in Tokyo, Fujitsu Limited (TSE:6702) reported consolidated revenues of 5.1 trillion yen (US$43.2 billion) for the fiscal year ended March 31, 2007. For more information, please see:

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Company:Fujitsu Limited

Date: 24 May, 2007
City: Tokyo
Company: Fujitsu Limited, , , , ,