Lawson Announces Cancellation of Treasury Stock

2004/06/10

Lawson, Inc. has announced that its Board of Directors today approved the cancellation of treasury stock pursuant to Article 212 of the Japanese Commercial Code.

1. Type of shares to be cancelled: Lawson common stock

2. Total number of shares authorized for cancellation: 3,000,000 shares
(about 2.8% of the total number of shares issued before cancellation)

3. Scheduled cancellation date (scheduled expiry date): June 18, 2004

Reference:
Total number of shares issued after cancellation: 104,600,000 shares

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