| LAWSON, INC. has announced that a Board of Directors meeting today approved the cancellation of treasury stock pursuant to Article 178 of the Corporate Law of Japan. Details are as follows: 1. Type of shares to be cancelled: LAWSON common stock 2. Total number of shares authorized for cancellation: 5,000,000 shares (Approximately 4.78% of the total number of shares issued before cancellation) 3. Scheduled cancellation date: February 25, 2008 Reference: 1. Total number of issued shares before cancellation of treasury stock Issued shares:104,600,000 shares Treasury stock:5,463,596 shares 2. Total number of issued shares after cancellation of treasury stock Issued shares:99,600,000 shares Treasury stock:463,596 shares The share figures in 1. above are as of January 31, 2008. |