October 24, 2001   Company name: RIKEN CORPORATION Head office: 1-13-5 Kudankita, Chiyoda-ku, Tokyo Representative: Kunihiko Oguchi, President Code number 6462 Stock exchanges listed: Tokyo, Osaka, Nagoya (First Section) Contact: Corporate Planning Division, Ryuuto Yoshioka Phone: 03-3230-3912   Notice of Commitment Line Setting   RIKEN CORPORATION has established a commitment line (based on syndication) with nine financial agencies, including the Industrial Bank of Japan, Ltd. as an arranger. This commitment line is an agreement that requires financial agencies to set a specific amount of commitment line for a certain period of time in advance and to commit funds within the commitment line limits if necessary. This agreement will enable us to raise operational funds in a stable manner and improve overall capital efficiency by compressing on hand liquidity. Setting the commitment line will allow us to raise short-term working funds and reduce expenses by fixing interest charges and financing from the Industrial Bank of Japan. At the same time, we are introducing cash management services to our consolidated subsidiaries in Japan in order to actively transfer funds within the group, improve the group's capital efficiency and reduce interest-bearing debt by 2 billion yen per year for the entire group. We are targeting a mid-term consolidated ROA of 8 % through the establishment of the commitment line and cash management services.        Financial agencies:   Industrial Bank of Japan, Ltd., Bank of Tokyo-Mitsubishi, Ltd., Sanwa Bank, Ltd., Sumitomo Mitsui Banking Corporation, Daishi Bank, Asahi Bank, Ltd., Nippon Life Insurance Company, Mitsubishi Trust and Banking Corp., Chuo Mitsui Trust and Banking Company, Limited   Commitment line: 13 billion yen   Contract term: One year from October 23, 2001 to October 22, 2002   Back to Top Page

(c)RIKEN CORPORATION 2002