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

December 2, 2002
For release    Immediately
President Akira Kiyokawa
Contact Media-Tel: 81-3-3365-8030
Investor Relations-Tel: 81-3-3365-8011
Stock Code No. 8564 - TYOSE


Notification of Purchase of Treasury Stock

Tokyo, December 2, 2002 ---Takefuji Corporation (the "Company") acquired its Treasury Stock in accordance with Clause 210 of the Japanese Commercial Code as follows:

Contents of the Acquisition

1.Period of acquisitionFrom November 11 to 29, 2002
2.Number of shares acquired1,541,000 shares
3.Total amount of acquisition9,078,547,400 yen
4.Method of acquisitionOpen market acquisition at the Tokyo Stock Exchange
5.Reason for AcquisitionThe Company decided to acquire its Treasury Stock upon overall considerations, including but not limited to the direction of active capital strategies in the future and the price level of the stocks.


(Reference)
1.Resolution at the Ordinary General Meeting of Shareholders on June 27, 2002
(1)Type of shares to be acquired:Common stock of Takefuji Corporation
(2)Maximum number of shares to be acquired:13,000,000 shares
(3)Maximum amount of acquisition:150 billion yen
2.Aggregate total of Treasury Stock acquired after the General Meeting of Shareholders (June 27, 2002)
(1)Total number of shares acquired2,022,000 shares
(2)Total amount of shares acquired12,043,464,300 yen



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