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FOR IMMEDIATE RELEASE

Sep. 10, 2002

  Anritsu Corporation
Code Number :  6754,TSE first section
Media Contact: Hirokazu Hashimoto
Director, Senior Manager of Accounting Section
Phone:+81-(0)3-3473-7429
 

Notice Regarding the Determination of the Exercise Price
of Stock Acquisition Rights as Stock Options

 Anritsu Corporation (the "Company") announced that the Exercise Price of the stock acquisition rights to be issued as stock options and other related items were decided pursuant to the resolution of the board of directors held on August 28, 2002.

 

1. Issue date of stock acquisition rights September 10, 2002
2. Number of stock acquisition rights (to be) issued 309(each stock acquisition right shall be exercisable for 1,000 shares)
3. Class and total number of shares to be issued upon experience of stock acquisition rights 309,000 shares of the Company
4. Amount to be paid upon the exercise of each stock acquisition right 707,000 yen (707 yen per share)
  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, September 10, 2002, 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.
5. Total paid-in value of the shares of the common stock of the Company to be issued or transferred upon exercise of all the stock acquisition rights 218,463,000 yen
6. Amount that is transferred into paid-in capital from the issue price of shares, in case new shares of common stock of the Company are issued upon exercise of stock acquisition rights 354 Yen per share
   
For Reference
(1) The date of the meeting of the Board of Directors setting the date for the 76th Ordinary General Meeting of Shareholders April 25, 2002
(2) Date of the resolution of the 76th Ordinary General Meeting of Shareholders June 25, 2002
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