TAKEFUJI CORPORATION   15-1 Nishi-Shinjuku 8-chome,Shinjuku-ku, Tokyo 163-8654 Japan

October 1, 2002
For release    Immediately
Representative Akira Kiyokawa, President
Contact Financial Analysts - Shizuo Mizukami,
   Manager of Investor Relations
- Yukiko Yamaguchi,
   Deputy Manager of Investor Relations
Tel: 81-3-3365-8011
Fax: 81-3-3365-8072
Stock Code No. 8564 - TYOSE



Notification of Purchase of Treasury Stock


Pleased be informed that Takefuji Corporation acquired treasury stock in conformity with Article 210 of the Commercial Code.


Details of Treasury Stock Buyback are as follows:

1.Purchase period: September 20, 2002 - September 30, 2002
2.Number of shares purchased: 307,000 shares
3.Total purchased value: 2,049,607,200 yen
4.Method of purchase:Purchase on the Tokyo Stock Exchange
5.Reason of purchase:The Company acquired its treasury stock for the first time in consideration of its agile capital strategy, the current stock price and so forth.


Note:
1.A program of buying back shares was approved at the 35 th Annual Shareholders' Meeting on June 27, 2002 as follows;
(1)Type of shares to be acquired: Common stock of Takefuji Corporation
(2)Maximum number of shares to be acquired: 13 million shares
(3)Maximum amount of acquisition: 150 billion yen
2.Total treasury stock purchased after the date of resolution as of June 27, 2002
(1)Number of shares purchased: 307,000 shares
(2)Total purchased value: 2,049,607,200 yen



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