TAKEFUJI CORPORATION   15-1 Nishi-Shinjuku 8-chome,Shinjuku-ku, Tokyo 163-8654 Japan November 5, 2002 For release    Immediately Representative Akira Kiyokawa, President Contact Investor Relations Tel: 81-3-3365-8011 Fax: 81-3-3365-8072 Stock Code No. 8564 - TYOSE Notification of Purchase of Treasury Stock Please be informed that Takefuji Corporation ("the Company") acquired treasury stock in conformity with Article 210 of the Commercial Code. Details of Treasury Stock Buyback are as follows: 1. Purchase period: October 29, 2002 - October 31, 2002 2. Number of shares purchased: 174,000 shares 3. Total purchased value: 915,309,700 yen 4. Method of purchase: Purchase on the Tokyo Stock Exchange 5. Reason of purchase: The Company acquired its treasury stock in consideration of its agile capital strategy, the current stock price level 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: 481,000 shares (2)Total purchased value: 2,964,916,900 yen Back by Takefuji co.