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May 15, 2009

DISCO Announces a Dividend Payment for Fiscal Year 2008

DISCO Corporation (hereafter the Company) today announced that its Board of Directors adopted a resolution on the dividend payment for its retained earnings whose record date is March 31, 2009.

1. Dividend for FY2008
Resolved Previous forecast
(Announced on November 12, 2009)
Results of the previous term
(term ended March 31, 2008)
Base date March 31, 2009 March 31, 2009 March 31, 2008
Dividend per share 10 yen 10 yen 44 yen
Total amount of dividend 336 million yen - 1,493 million yen
Effective date June 24, 2009 - June 25, 2008
Source of dividend Earned surplus - Earned surplus
2. Year-end dividend for FY2008
To improve the transparency of the Company's stance prioritizing the return of profits to shareholders, the dividend payout ratio is set at 20% of the consolidated net income. However, notwithstanding this net income linked-benchmark, the Company will strive to maintain an annual dividend payment of not less than 20 yen per share as a stable base dividend.
Based on the above policy, the year-end dividend payment per share for FY2008 is 10 yen (20 yen for the year).
This proposal will be made at meeting of the 70th ordinary general meeting of shareholders to be held on June 23, 2009.
(Reference) Dividend per share
Intermediate Year-end Annual
Actual 10 yen 10 yen 20 yen
Results of the previous term
(Fiscal year 2007)
35 yen 44 yen 79 yen
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