Notice regarding Revision of Dividend Projections

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.

October 31, 2011

Notice is hereby given that TDK Corporation (“the Company”), at the meeting of its Board of Directors held on October 31, 2011, resolved to revise the projection for dividends per common share for Fiscal Year March 2012, as described below:

1. Reasons for Revisions
   When the Company released “TDK Announces Projections of Consolidated Financial Results and Dividends” on June 21, 2011, the Company announced it planed to pay a year-end dividend per common share of 50.0 yen. However, based on the revision of the consolidated financial projections for the Fiscal Year March 2012, the Company has decided to lower the projected year-end dividend per common share to 40.0 yen considering business environment as well as the fundamental policy for distribution of earnings.
2. Details of revision

   	Annual Dividend
   	End of 1st Quarter	End of 2nd Quarter	End of 3rd Quarter	Year-End	Total
   Previous projection (announced on June 21, 2011)	(yen) -	(yen) 40.00	(yen) -	(yen) 50.00	(yen) 90.00
   Current projection	-	-	-	40.00	80.00
   Interim dividends for FY March 2012	-	40.00	-	-	-
   Reference: Dividends for FY March 2011	-	40.00	-	40.00	80.00

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