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THK Co Ltd (47WH)

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Monday 29 November, 2004

THK Co Ltd

Result of Meeting

THK Company Limited
29 November 2004


PRESS RELEASE

                                                                        November 18, 2004
                                          Company Name:                 THK Co., Ltd.
                                          Representative:               Akihiro Teramachi
                                                                        President and CEO
                                          Code No:                      6481, TSE 1stSection
                                          Inquiries:                    Kotaro Yoshihara
                                                                        Director/General Manager
                                                                        Corporate Strategy Department
                                                                        (Tel: +81-3-5434-0300)


Announcement of Revision of the Fiscal Year-End Dividend Projection for the Fiscal
Year Ending March 31, 2005 (35th Term)

THK Co., Ltd. hereby announces that it's Board of Directors at today's meeting resolved to revise upward the projection
for per-share dividend payments for the fiscal year-end.

1.Reasons for Revision

During the fiscal half-year that ended September 30, 2004, sales to all of the company's main users, including machine
tool makers, general machinery makers, and electronics makers have continued to be strong, as a result of which the
company marked its highest earnings on record.

Since earnings for the full fiscal year are also expected to be high, the company plans to pay a per-share dividend of Y
18.00, an increase of Y3.00 from the initial plan, for the fiscal year ending March 31, 2005 (the 35th term).

For the interim dividend, however, the company plans to pay Y7.50 per share, instead of Y9.00, up Y1.50 from the
previous interim period, because it should comply with the provisions concerning interim dividend payments specified in
the stock swap agreement entered into with Daito Seiki Co., Ltd. on July 26, 2004.

Meanwhile, the company intends to pay Y10.50 per share as the fiscal year-end dividend, up Y3.00 from the previous
fiscal year, although this is subject to the resolution of an ordinary general shareholders' meeting scheduled for June
2005.

2.Details of Revision
                                    Interim per-share      Fiscal year-end        Yearly per-share
                                    dividend               per-share dividend     dividend

Previous projection(Announced on                     Y7.50                  Y7.50                Y15.00
May 20, 2004)

Revised Projection                                   Y7.50                 Y10.50                Y18.00

(For reference)Dividend paid for                     Y7.50                  Y7.50                Y15.00
the previous period


                      This information is provided by RNS
            The company news service from the London Stock Exchange                                                                                     

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