January 23, 2003
| 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, Tsutomu Kakuta |
| Phone: |
03-3230-3912 |
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Notice of Application for
Stock Exchange Delisting
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On 23th January 2003 the board of directors of RIKEN CORPORATION decided to apply
to have the company's common stock delisted from the Osaka and Nagoya Stock Exchanges.
Particulars
1.Reason for delisting
Riken's common stock is traded on the Tokyo, Osaka, and Nagoya
Stock Exchanges.
In recent years the numbers of shares of the company's common stock traded
on the Osaka, and Nagoya Stock Exchanges has been quite low. Accordingly, the
company has decided to apply for delisting from these two exchanges. We expect
that this will have minimal impact on shareholders and investors.
2.Stock exchange in Japan that will continue to list Riken common stock
Riken common stock will continue to be listed on the Tokyo Stock Exchange.
3.Scheduled date of application for delisting
The company expects to apply for delisting in late January 2003.
4.Future outlook
After the Osaka and Nagoya Stock Exchanges receive Riken's delisting applications.
they will move the company's stock to an administrative status.
Delisting is expected to be completed one month from the date on which the stock is moved.
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