KAWASAKI, Kanagawa Prefecture, Japan, May 27, 2004 - Tokyo Ohka Kogyo Co., LTD. (TOK) hereby announces that TOK was named a recipient of Intel Corporation's prestigious 2003 Supplier Continuous Quality Improvement (SCQI) award, Intel's highest honor for its suppliers, for outstanding commitment to quality and performance by suppliers that provide products and services deemed essential to Intel's success. The company was given the award for its efforts in supplying Intel with photoresist and developer. TOK and 15 additional SCQI award winners were honored at a celebration in Burlingame, Calif. on March 23.
“We are very proud to receive the SCQI award for two consecutive years,” said Mr. Haruhiko Uchida, TOK president. “We believe that TOK is recognized as the best among photoresist suppliers in terms technology, quality and service and we will continuously work to polish our capability.”
“Congratulations to TOK for winning Intel's Supplier Continuous Quality Improvement award again in 2003,” said Jim Harrison, Intel director, Fab Materials Operation. “Winning a single SCQI award requires exceptional performance, but TOK winning SCQI in consecutive years is truly remarkable. TOK continues to raise the performance bar in all area's: innovation, material quality, material performance, material cost and customer support. This continuous improvement culture at TOK explains why they continue to be the industry leader.”
The SCQI awards are part of Intel's Supplier Continuous Quality Improvement process, which encourages Intel's key suppliers to strive for excellence and continuous improvement. To qualify for SCQI status, suppliers must score at least 95 percent on a report card that assesses performance and ability to meet cost, quality, availability, delivery, technology and responsiveness goals. Additional information about the SCQI program is available at http://supplier.intel.com/quality/.

About Intel

Intel, the world's largest chip maker, is also a leading manufacturer of computer, networking and communications products. Additional information about Intel is available at www.intel.com/pressroom.

About TOK

TOK is a world's leading supplier of photoresists for semiconductor, flat panel display, printed wiring board and packaging. Moreover, TOK supplies other photolithography materials, processing equipment for semiconductor and LCD manufacturing, printing materials and inorganic / organic high purity chemicals.
Intel is a trademark or registered trademark of Intel Corporation or its subsidiaries in the United States and other countries.
* Other names and brands may be claimed as the property of others.

Forward-Looking Statement

This news release contains forward-looking statements based on management's current expectations, estimates and projections. All statements that address expectations or projections about the future, including statements about the company's strategy for growth, product development, market position, expected expenditures and financial results are forward-looking statements. Some of the forward-looking statements may be identified by words like “expects”, “anticipates”, “plans”, “intends”, “projects”, “indicates”, “believes”, and similar expressions. These statements are not guarantees of future performance and involve a number of risks, uncertainties and assumptions. Many factors, including those discussed more fully elsewhere in this release and in TOK's filings with the Ministry of Finance of Japan and Tokyo Stock Exchange, Inc., particularly its latest annual report and semiannual report, as well as others, could cause results to differ materially from those stated. These factors include, but are not limited to changes in the laws, regulations, policies and economic conditions, including inflation, deflation, interest and foreign currency exchange rates, of countries in which the company does business; competitive pressures; successful integration of structural changes, including restructuring plans, acquisitions, divestitures and alliances; cost of raw materials, research and development of new products, including regulatory approval and market acceptance.

Contact

H. Akama (Mr.)
Manager, Public Relations Section
TEL. +81-44-435-3000 FAX. +81-44-435-3020
h-akama@tok.co.jp