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euro adhoc: Fujitsu Limited
Notice Regarding the Sale Price of Shares of FANUC (E)

  Disclosure announcement transmitted by euro adhoc.
  The issuer is responsible for the content of this announcement.
Fujitsu Limited
Notice Regarding the Sale Price of Shares of FANUC
Tokyo, November 12, 2003- Fujitsu Limited ("Fujitsu") today announced
the sale price, etc., of the portion of its shareholdings in FANUC
LTD. (FANUC) that it has announced, on October 28, 2003, to sell
through a secondary offering (the "Offering"). Details are as below.
Number of Shares Sold
24,000,000 shares
In addition to the number of shares stated above, Fujitsu has granted
the option to purchase up to 3,600,000 additional shares (the
"Greenshoe Option") to Nikko Citigroup, the lead manager of the
Offering (the "Lead Manager"). The Greenshoe Option will be
exercisable until December 17, 2003.
Remaining Shares of FANUC Held by Fujitsu After the Offering
35,681,663 shares 
The percentage of total voting rights to be held by Fujitsu in FANUC,
including the 8,000,000 shares held by the employee pension trust
over which Fujitsu retains voting rights, will be 19.64%
(disregarding the Greenshoe Option stated above).
Sale Price
6,186.84 yen per share
Value of Sale
148,484,160,000 yen
Impact on FY2003 Financial Results
The above-mentioned sale of shares is expected to result in an
extraordinary profit of approximately 83.1 billion yen on a
consolidated basis.  The impact on consolidated net income is
projected to be an increase of about 22.9 billion yen.  On an
unconsolidated basis, the transaction is expected to result in an
extraordinary profit of approximately 148.2 billion yen and an
increase in net income of about 88.0 billion yen.
As a result of this transaction, Fujitsu at this time is revising
only the unconsolidated earnings projections it issued at the time of
its FY2003 first half financial results announcement on October 29,
2003.
With respect to its consolidated earnings projections for the current
fiscal year, the extraordinary profit generated from the
above-mentioned sale of shares will serve to offset the extraordinary
losses stemming from restructuring and other charges posted in the
first half.  There will be a reduction in earnings
from minority interests in the second half, as FANUC's results will
no longer be accounted for by the equity method.  With these and
other factors taken into consideration, Fujitsu's consolidated
earnings projections remain unchanged.
On an unconsolidated basis, as a result of the extraordinary profit
generated from the above-mentioned sale and other factors, Fujitsu
has revised its forecast for net income from 50 billion yen to 120
billion yen.
Unconsolidated Earnings Forecast For the Fiscal Year Ending March 31,
2004
Yen (Billions)
                         Net Sales   Operating Income    Net Income
Previous Forecast            2,730                 40           50
Revised Forecast             2,730                 40          120
Amount of Increase               0                  0           70
% Increase                       0%                 0%         140%
FY2002 Results               2,695               21.8         -175
About Fujitsu
Fujitsu is a leading provider of customer-focused IT and
communications solutions for the global marketplace. Pace-setting
technologies, highly reliable computing and telecommunications
platforms, and a worldwide corps of systems and services experts
uniquely position Fujitsu to deliver comprehensive solutions
that open up infinite possibilities for its customers' success. 
Headquartered in Tokyo, Fujitsu Limited (TSE:6702) reported
consolidated revenues of 4.6 trillion yen (US$38 billion) for the
fiscal year ended March 31, 2003.  For more information, please see
www.fujitsu.com
*This notice is a press release for the general announcement of the
sale of FANUC shares, and does not constitute an offer to subscribe
for such shares.
*All company names mentioned may be trademarks or registered
trademarks of their respective holders and are used for
identification purpose only.
This information is provided by RNS
            The company news service from the London Stock Exchange
end of announcement        euro adhoc 12.11.2003

Further inquiry note:

Press Contacts
Fujitsu Limited
http://pr.fujitsu.com/en/news/fjcontacts.html

TEL:+81 (0) 3-6252-2176
FAX:+81 (0) 3-6252-2783
E-mail:pr@fujitsu.com

Branche: Hardware
ISIN: JP3818000006
WKN: 0354912
Index:
Börsen: Frankfurter Wertpapierbörse / official dealing
SWX Swiss Exchange / official dealing
London Stock Exchange / official dealing

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