One of our core management policies is to distribute earnings appropriately to our shareholders, in line with business result. In the fiscal year ended March 31, 2005, we started to pay interim dividends. Our target dividend payout ratio is approximately 40%. Fiscal Year Ended Dividend March 31, 2000 \30 (Including a commemorative dividend of \10) March 31, 2001 \3 March 31, 2002 \3 March 31, 2003 \3 March 31, 2004 \20 March 31, 2005 \14 interim dividend (September 30), \16 year-end dividend (March 31) March 31, 2006 \15 interim dividend (September 30), \85 year-end dividend (including a \55 commemorative dividend) (March 31) March 31, 2007 \25 interim dividend (including a \10 commemorative dividend) (September 30), \30 year-end dividend (including a \10 commemorative dividend) (March 31) March 31, 2008 \16 interim dividend (September 30), \16 year-end dividend (March 31) March 31, 2009 \16 interim dividend (September 30), \10 year-end dividend (March 31) March 31, 2010 \12 interim dividend (September 30), \12 year-end dividend (March 31) March 31, 2011 \12 interim dividend (September 30), \12 year-end dividend (March 31) From the fiscal year ending March 31, 2008, we will enhance our dividend policy by including DOE (= dividend on equity, namely the total amount of dividends as a percentage of shareholders’ equity) as an additional factor for determining the distribution of earnings to shareholders. Under the new dividend policy, annual dividends will approximately equal either a 40% payout ratio or 4% of DOE, whichever is larger.