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TDK to Issue Unsecured Straight Bonds

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.

Jan. 23, 2009

TDK Corporation (the "Company") has determined the issuance terms of a second, third and fourth series of unsecured straight bonds (with special inter-bond pari passu clause).

  1. TDK Corporation 2nd Series Unsecured Straight Bonds
    (With Special Inter-Bond Pari Passu Clause)
    1 Total amount of bond issuance 23.0 billion yen
    2 Denomination per bond 0.1 billion yen
    3 Book-entry transfer system application The bonds are subject to regulations concerning the transfer of securities, bonds, etc.
    4 Coupon rate 1.085% per annum
    5 Issue price 100 yen per face value of 100 yen
    6 Redemption price 100 yen per face value of 100 yen
    7 Term and redemption methods 3 years
          
    Redemption on maturity
    The bond principal will be redeemed in full on January 30, 2012
          
    Retirement by purchase
            retirement
    The bonds can be repurchased and retired at any time from the day following the payment date
    8 Interest payment date On January 30 and July 30 every year (First interest payment: July 30, 2009)
    9 Offering period January 23, 2009
    10 Payment date January 30, 2009
    11 Type of offering Public offering
    12 Collateral and guarantee The bonds are not secured by any property or guarantee, nor have assets been specially pledged as collateral for these bonds.
    13 Financial covenants Terms restricting the provision of collateral are attached
    14 Underwriters Nomura Securities Co., Ltd., Daiwa Securities SMBC Co. Ltd., Nikko Citigroup Limited., The Goldman Sachs Group, Inc.
    15 Finance, issue and payment agent Resona Bank, Limited
    16 Book-entry transfer institution Japan Securities Depository Center, Inc.
    17 Rating AA- (Rating and Investment Information, Inc.)
  2. TDK Corporation 3rd Series Unsecured Straight Bonds
    (With Special Inter-Bond Pari Passu Clause)
    1 Total amount of bond issuance 48.0 billion yen
    2 Denomination per bond 0.1 billion yen
    3 Book-entry transfer system application The bonds are subject to regulations concerning the transfer of securities, bonds, etc.
    4 Coupon rate 1.413% per annum
    5 Issue price 100 yen per face value of 100 yen
    6 Redemption price 100 yen per face value of 100 yen
    7 Term and redemption methods 5 years
          
    Redemption on maturity
    The bond principal will be redeemed in full on January 30, 2014
          
    Retirement by purchase
            retirement
    The bonds can be repurchased and retired at any time from the day following the payment date
    8 Interest payment date On January 30 and July 30 every year (First interest payment: July 30, 2009)
    9 Offering period January 23, 2009
    10 Payment date January 30, 2009
    11 Type of offering Public offering
    12 Collateral and guarantee The bonds are not secured by any property or guarantee, nor have assets been specially pledged as collateral for these bonds.
    13 Financial covenants Terms restricting the provision of collateral are attached
    14 Underwriters Nomura Securities Co., Ltd., Daiwa Securities SMBC Co. Ltd., Nikko Citigroup Limited., The Goldman Sachs Group, Inc.
    15 Finance, issue and payment agent Resona Bank, Limited
    16 Book-entry transfer institution Japan Securities Depository Center, Inc.
    17 Rating AA- (Rating and Investment Information, Inc.)
  3. TDK Corporation 4th Series Unsecured Straight Bonds
    (With Special Inter-Bond Pari Passu Clause)
    1 Total amount of bond issuance 13.0 billion yen
    2 Denomination per bond 0.1 billion yen
    3 Book-entry transfer system application The bonds are subject to regulations concerning the transfer of securities, bonds, etc.
    4 Coupon rate 2.038% per annum
    5 Issue price 100 yen per face value of 100 yen
    6 Redemption price 100 yen per face value of 100 yen
    7 Term and redemption methods 10 years
          
    Redemption on maturity
    The bond principal will be redeemed in full on January 30, 2019
          
    Retirement by purchase
            retirement
    The bonds can be repurchased and retired at any time from the day following the payment date
    8 Interest payment date On January 30 and July 30 every year (First interest payment: July 30, 2009)
    9 Offering period January 23, 2009
    10 Payment date January 30, 2009
    11 Type of offering Public offering
    12 Collateral and guarantee The bonds are not secured by any property or guarantee, nor have assets been specially pledged as collateral for these bonds.
    13 Financial covenants Terms restricting the provision of collateral are attached
    14 Underwriters Nomura Securities Co., Ltd., Daiwa Securities SMBC Co. Ltd., Nikko Citigroup Limited., The Goldman Sachs Group, Inc.
    15 Finance, issue and payment agent Resona Bank, Limited
    16 Book-entry transfer institution Japan Securities Depository Center, Inc.
    17 Rating AA- (Rating and Investment Information, Inc.)

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

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