TOKYO--Toshiba Corporation has announced that its Board of Directors, meeting today, provisionally decided to pay a dividend of five Japanese yen per share to shareholders recorded in the shareholder register as of September 30, 2008.

Toshiba's basic policy on profit distribution rests on seeking to achieve continuous increases in the actual dividend payments, in line with a payout ratio in the region of 30 percent on a consolidated basis, while giving full consideration to such factors as the strategic investments necessary to secure medium- to long-term growth.

While Toshiba announced a downward revision of its business forecast today, the interim dividend was determined in respect of full consideration of the basic policy on profit distribution and the shareholders' expectations regarding dividends.

The year-end dividend, for shareholders recorded in the shareholder record on March 31, 2009, has not been decided yet.

Disclaimer:
This report contains forward-looking statements concerning future plans, strategies and the performance of Toshiba Group. These statements are based on management's assumptions and beliefs in light of the economic, financial and other data currently available. Furthermore, they are subject to a number of risks and uncertainties. Toshiba therefore wishes to caution readers that actual results may differ materially from our expectations. Major risk factors that may have a material influence on results are indicated below, though this list is not necessarily exhaustive.

• Disputes including lawsuits in Japan and other countries
• Success or failure of alliances or joint ventures promoted in collaboration with other companies;
• Success or failure of new businesses or R&D investment;
• Changes in political and economic conditions in Japan and abroad; unexpected regulatory changes;
• Major disasters, including earthquakes and typhoons;
• Rapid changes in the supply/demand situation in major markets and intensified price competition;
• Significant capital expenditure for production facilities and rapid changes in the market;
• Changes in financial markets, including fluctuations in interest rates and exchange rates.