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News Release

FOR IMMEDIATE RELEASE
Feb 21, 2001

NOTICE OF REVISION OF FORECAST YEAR END DIVIDEND
FOR FISICAL YEAR PERIOD (89TH COMPANY FISCAL PERIOD) ENDING MARCH 2001

Listed Stock Name: Eisai Co., Ltd.
Head Office Location: 4-6-10 Koishikawa Bunkyo-ku, Tokyo
Code: 4523
Listed Locations: First Sections of the Tokyo Stock Exchange & the Osaka Securities Exchange
Inquiries: Mr. Isao Okabayashi
In Charge of Public Relations & Legal Affairs
Member, Board of Directors
Phone 81-3-3817-5190

Notice of Revision of Forecast Year End Dividend
For Fiscal Year Period (89th Company Fiscal Period) Ending March 2001


The dividend for the fiscal period ending March 2001 will be proposed for revision from that previously forecast according to a decision made at the Board of Directors' Meeting on February 21, 2001. The information below notes the details of this revision.

I2. Reason for the Dividend Forecast Revision

The Company maintains a fundamental policy of rewarding shareholders with stable dividends while simultaneously retaining sufficient funds for new product development, expanding production facilities, and providing resources for information technology investment in all business operations to ensure managerial efficiency and increased competitiveness.

Although the year end dividend for the period ending March 2001 was forecast to be yen11.50 per share, the results for this period will exceed previous expectations and the Company desires to share these results with shareholders. The information noted below outlines the dividend increase for the year end period and the plan to place this on the agenda of the General Shareholders' Meeting to be held in late June 2001.

II2. Contents of the Revision

Dividends are yen per share
Interim Period
(Actual Payout)
Year End Annual Total Dividends
Previous Forecast(November 10, 2000) yen10.00 yen11.50 yen21.50
Revised Forecast yen10.00 yen13.00 yen23.00
Previous Fiscal Period Dividend
(Fiscal Period April 1999-March 2000)
yen10.00 yen11.50 yen21.50