Shindaiwa/Kioritz Alliance

kioritz_shindaiwa.gifToday it was announced that Shindaiwa Corporation (Shindaiwa) has entered into a business and shareholding alliance with Kioritz Corporation (Kioritz).

Shindaiwa and Kioritz, both publicly traded companies on the Tokyo Stock Exchange, are leading global manufacturers of premium outdoor power equipment including trimmers, chainsaws, power blowers, hedge clippers and related products.

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May 2007

President George W. Bush Receives New Husqvarna Brushcutter from Swedish Prime Minister

The prime minister of Sweden, Fredrik Reinfeldt, held meetings yesterday with President George W. Bush to discuss environmental and trade issues. As a matter of protocol, the prime minister presented President Bush with a gift from Sweden: a new Husqvarna 335Rx brushcutter.

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May 2007

Results of Tender Offer for Fuji Robin Industries Ltd. And Notice of Change in Our Subsidiaries

makita_fuji.gifAt its March 20, 2007 meeting, the Board of Directors of Makita Corporation (“Makita”) decided to launch the tender offer for common shares of Fuji Robin Industries Ltd. (“Fuji Robin”; listed on the second section of the Tokyo Stock Exchange; code number 6021, hereafter, the “Target Company”). The tender offer began March 22, 2007, and ended May 7, 2007. This notice is to inform the public of the results of this tender offer, as follows.

We also wish to inform the public that as a result of the tender offer, Fuji Robin is to become a consolidated subsidiary of Makita.

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May 2007