Relationship with Shareholders and Investors
Our approach to shareholder andinvestor relations
Tokyo Electron is committed to making information about thecompany available in a fair, equitable and timely manner toensure that shareholders and investors can obtain an accurate,
in-depth understanding of the company and its activities andcan evaluate its corporate value appropriately. We also value
and respect opinions received from our stakeholders concerning
information disclosed and utilize their feedback as a point ofreference to guide our future corporate management.

Information disclosure methods
Tokyo Electron releases timely disclosure information via theTokyo Stock Exchange’s Timely Disclosure Network (TDnet)and promptly posts the same information on its corporatewebsite. Even when it does not fall into the category of material
information, we voluntarily disclose information which may be ofinterest to stakeholders in an easy-to-understand manner using
various communication channels, including on our website or inprinted form.
To ensure that foreign investors have fair and equal accessto our information, all information is released simultaneously inJapanese and English.

Annual shareholders meeting
To encourage as many shareholders as possible to attend
annual shareholders meeting and fully exercise their voting
rights, we send out invitations at least three weeks prior
to meeting, and avoid the date when most major Japanesecompanies hold their shareholders meetings. Shareholders
who cannot attend a meeting can vote via the Internet. We also
participate in the web-based voting platform for institutional
investors operated by Investor Communications Japan (ICJ).
Our website also carries notices of convocation, notices ofresolution, the results of the exercise of voting rights andpresentation materials.

Earnings release conference
We hold an earnings release conference to report our financial
results to securities analysts and institutional investors after
every quarter. Meanwhile, by making these conferences open
to members of the press, as well as by posting all the material
handouts on our website, we ensure that information provided at
the conference is also available to individual investors.

Basic policy on returns to shareholders
Our dividend policy is to link dividend payments to businessperformance and earnings, and our basic policy for returns toshareholders is to maintain a payout rate of around 35% basedon consolidated net income.
We aim to maintain profitable growth in order to enhance
corporate value by effectively utilizing internal reserves andconcentrating investments in growing businesses while at thesame time delivering direct returns to shareholders throughdividends based on our performance and earnings.

Materials prepared for anannual shareholders meeting
Annual Report

Presentation materials used at
an earnings release conference

Financial Review:
http://www.tel.com/ir/library/report/index.htm

Constituent of theFTSE4Good Global Index

Presentation materials used at an earnings release conference:
http://www.tel.com/ir/library/report/index.htm
Materials prepared for an annual shareholders meeting:
http://www.tel.com/ir/stocks/asm/index.htm

Tokyo Electron has been a constituent of the FTSE4Good
Global Index since September 2003. The FTSE4Good
Global Index is a social responsibility investment (SRI)
index provided by the FTSE Group, a world-leading index
firm wholly owned by the London Stock Exchange.

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Annual Report:
http://www.tel.com/ir/library/ar/index.htm
Factbook:
http://www.tel.com/ir/library/fb/index.htm