Nippon Paper Group announces that it has implemented the market purchase of treasury stock in accordance with Article 211-3, Paragraph 1, Item 2 of the Commercial Code of Japan. The details are as follows.

 

Details

1. Purchase period: From August 3, 2005 to August 31, 2005 (on a contract basis)

2. Number of shares purchased: 18,000 shares

3. Total purchase price for the shares: 7,286,882,000 yen

4. Purchase method: Market purchase on the Tokyo Stock Exchange

 

Reference:

(1) Details of resolution at a meeting of the Board of Directors held on July 25, 2005

Class of shares to be acquired: Common stock

Total number of shares to be acquired: A maximum of 30,000 shares

Total acquisition price for the shares: A maximum of 13,000,000,000 yen

Acquisition period: From August 1, 2005 to February 28, 2006

 

(2) Aggregate number of shares of treasury stock purchased from the date of the resolution at the meeting of the Board of Directors above to August 31, 2005

Number of shares purchased: 18,000 shares

Total purchase price for the shares: 7,286,882,000 yen