Treasury Stock

Maruwa Co Ld
31 May 2007


                                                                     31 May 2007
MARUWA CO., LTD.
3-83 Minamihonjigahara-cho, Owariasahi-city, Aichi-pref. 488-0044 JAPAN

                                 (Translation)

              Notice concerning the results of repurchase of shares

MARUWA today announced the results of the repurchase of shares pursuant to the
provisions of Article 156 as applied in lieu of Article 165, Clause 3 of the
Company Law of Japan and the end of the repurchase of shares according to the
resolution at the meeting of the Board of Directors on 14 November 2006. 
Details are as follows;
     
1. Repurchase period                     From 15 November 2006 to 23 May 2007
2. Total number of shares repurchased    165,000 shares
3. Total amount of repurchase price      412,533,500 yen
4. Method of repurchase                  Purchased on the Tokyo Stock Exchange

(Reference)

1. Details of the resolution at the meeting of the Board of Directors on 
   14 November 2006

  (1) Class of shares to be repurchased  Common stock
  (2) Total number of shares to be       Up to 200,000 shares
      repurchased
                                         (1.82% to total issued shares)
  (3) Total amount of repurchase price   Up to 600 million yen
  (4) Repurchase period                  From 15 November 2006 to 31 May 2007

2.Treasury stock as of 31 May 2007
  (1)Total issued shares excluding       10,810,860 shares
     treasury stock       
  (2)Treasury stock                      261,140 shares

END.


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