| LAWSON, INC. wishes to serve notice that it has stock repurchased on the open market under Article 211, Clause 3, Section 1-2 of the Japanese Commercial Code. Details are as follows. 1. Period of Repurchase From July 7, 2004 to August 23, 2004 2. Total Number of Shares Repurchased 1,400,000 shares 3. Total Value of Shares Repurchased 5,912,142,000yen 4. Method of Repurchase Open market purchase on the Tokyo Stock Exchange Reference 1: Authorization for the repurchase of shares was given at the Board of Directors held on June 10, 2004. • Type of shares to be repurchased: Lawson common stock • Total number of shares authorized for repurchase: Up to 2,500,000 shares • Total value of shares authorized for repurchase: Up to 10,000,000,000yen • Period of Repurchase: Before the next (30th) Ordinary General Meeting of Shareholders Reference 2: Accumulated number of shares repurchased and held as treasury stock through August 23, 2004 • Total number of shares repurchased: 1,400,000 shares • Total value of shares repurchased: 5,912,142,000yen |