(1) First Global Environmental Management Meeting Held

  Until 2004, we had been making efforts to conform to the European Union's WEEE Directive and RoHS Directive by establishing global working groups. In fiscal 2005, we started the first Global Environmental Management Meeting, which environment experts from Japan and group companies in Europe and the United States participated in to deal with legal regulations and promote the environmental management system in each country.
  At this first meeting, we reconfirmed the Anritsu Group's Environmental Principle and agreed to put up posters promoting this principle at Anritsu Group's development sites outside of Japan.
  As for the WEEE Directive, we decided to share among the Group Companies information on legislation in European countries and globally introduce design guidelines for easy disassembly to further promote recycling. Regarding the RoHS Directive, Anritsu resolved in the meeting to select products that conform to the Group's categorizing standards for the RoHS Directive, in order to promote a unified approach to the directive at all development sites. Anritsu also agreed to increase efforts to ship products that conform to RoHS Category 3 for fiscal 2006.

(2) Environmental Efforts by Anritsu A/S, New Anritsu Group Member

  Anritsu A/S (formerly known as NetTest A/S, founded in 1971) attaches much importance to its own environmental responsibility and legal obligations at the municipal, national and European levels.
  The Anritsu A/S site in a Copenhagen suburb has headquarters functions as well as sales, R&D, production and servicing departments. The production department is chiefly in charge of designing, assembling and testing products, and as it outsources production of printed circuit boards, no hazardous substances are generated.
  To ensure that it not only conforms to all environmental legislation and regulations currently in force, but also protects the environment, Anritsu A/S is enforcing a policy to achieve higher performance levels than those imposed by laws and rules. For the past several years, Anritsu A/S has been handling various industrial wastes efficiently, as well as reducing environmental impact. We also take responsibility to treat these wastes by sorting and recycling them thoroughly.
  In November 2003, Anritsu A/S set up a WEEE/RoHS team inside the company. Upon the announcement in August 2005 that NetTest A/S was joining the Anritsu Group, we started integrating this team with Anritsu's Environmental Promotion Center and have been holding a TV conference between Denmark and Japan every two weeks since January 2006. At the same time, we are conducting research to prepare to conform to the WEEE/RoHS Directives across a wider range, in conjunction with two legal offices with expertise in this field.
  In autumn 2005, Anritsu A/S signed a contract with El-Retur, a WEEE waste collection and recycling company certified by the Danish government. This company ensures proper handling and management of wastes and guarantees that they will not be illegally exported to other countries.

(3) Start of Refurbished Measuring Instrument Sales

  Refurbished measuring instruments are selected from among products previously used for demonstrations, and reconditioned. Although reconditioned, they are highly reliable products repaired and rehabilitated by their original manufacturer, Anritsu, and carry a one-year warranty after product delivery. Refurbished measuring instruments are intended for use by universities and other educational institutions in Japan and sold by Anritsu Kousan Co., Ltd., an Anritsu Group company acting as the sales agent for these products. The sale of refurbished measuring instruments extends the lives of such products.