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Notice Regarding the Determination of the Exercise Price of Stock Options

Information contained in the news releases are current as of the date of the press announcement, but may be subject to change without prior notice.

Notice Regarding the Determination of the Exercise
Price of Stock Options

- Stock Acquisition Rights -


August 4, 2006

TDK Corporation (the "Company") announced that the Exercise Price of the stock acquisition rights to be issued as stock options (the "Stock Acquisition Right(s)") and other related items were decided pursuant to the resolution of the board of directors held on July 27, 2006.

  1. Allotment Date of Stock Acquisition Rights
    August 5, 2006
  2. Total number of Stock Acquisition Rights
    966.
    The number of shares to be allotted to each Stock Acquisition Right is 100 shares.
  3. The amount to be invested when exercising each stock acquisition right
    ¥907,200
    The Exercise Price: ¥9,072

    The Exercise Price is an amount which is the average of the closing prices of the Company's shares of common stock on the Tokyo Stock Exchange on each day (other than any day on which no sale is reported) of the month immediately preceding the month in which the date of the issue of the Stock Acquisition Rights, August 5, 2006, falls, multiplied by 1.05 with any amount less than one Japanese Yen arising out of such calculation to be rounded upward to the nearest Yen.

For further information, contact the Corporate Communications Dept.
Tel.: 81-3-6778-1055
E-mail: pr@jp.tdk.com

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