TAKEFUJI CORPORATION   15-1 Nishi-Shinjuku 8-chome,Shinjuku-ku, Tokyo 163-8654 Japan March 1, 2002 For release    Immediately Contact Media - Mr. Osamu Sasaki, Managing Director and General Manager of Public Relations Tel: 81-3-33658030 Financial Analysts - Mr. Shizuo Mizukami, Manager of Investor Relations - Mr. Kunio Takayama, Manager of Accounting Dept. Tel: 81-3-33658011 Stock Code No. 8564 - TYOSE London Stock Exchange AVS No. 162489 On March 1, 2002, Tokyo  :  Takefuji Corporation announced today that it resolved in the Board of Directors Meeting on March 1, 2002 to purchase the shares of Daiei OMC Incorporated ("Daiei OMC") held by Lawson Incorporated ("Lawson") and Lawson's trust account with Chuo Mitsui Trust and Banking Company, Ltd. ("Chuo Mitsui").  The details are as follows: 1. The Description <1>Shares to be purchased Daiei OMC ordinary shares <2>Number of shares from Lawson directly 21,507,000 shares   (10.2%)* from Lawson's trust account  7,000,000 shares   ( 3.3%)* Total :  28,507,000 shares   (13.5%)* Remarks: * % of total issued shares <3>Procedure Over-the-counter market transaction <4>Vender Lawson and its trustee, Chuo Mitsui <5>Purchase date March 1, 2002 <6>Purchase cost from Lawson directly 8,173 million yen from Lawson's trust account 2,660 million yen Total: 10,833 million yen 2. Purpose of the purchase    The purchase of the Daiei OMC share forms as a part of portfolio investment. 3. There will be no significant change of our prospect of the current fiscal year's business results that we announced on November 8, 2001 due to this transaction. Back by Takefuji co.