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News Release

FOR IMMEDIATE RELEASE
Feb 22, 2002

NOTICE OF REVISION OF FORECAST YEAR END DIVIDEND
FOR FISCAL YEAR PERIOD (90th COMPANY FISCAL PERIOD) ENDING MARCH 2002

  Listed Stock Name:Eisai Co., Ltd.
  President & CEO:Mr. Haruo Naito
  Head Office Location:4-6-10 Koishikawa Bunkyo-ku, Tokyo
  Securities Code:4523
  Listed Locations: First Sections of the Tokyo Stock Exchange
& the Osaka Securities Exchange
  Inquiries: Mr. Nobuo Deguchi
Corporate Officer
Public Relations & Legal Affairs
Phone 81-3-3817-5190

Notice of Revision of Forecast Year End Dividend
For Fiscal Year Period (90th Company Fiscal Period) Ending March 2002


The dividend for the fiscal period ending March 2002 will be proposed for revision from that previously forecast according to a decision made at the Board of Directors' Meeting on February 22, 2002. The information below notes the details of this revision.

I 1. Reason for the Dividend Forecast Revision

Although the year end dividend for the period ending March 2002 was forecast to be yen13.00 per share (Annual Total yen26.00 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 90th General Shareholders' Meeting to be held in late June 2002.

II2 . Contents of the Revision

Dividends are yen per share

Interim Period
(Actual Payout)
Year End Annual Total
Dividends
Previous Forecast
(November 7, 2001)
yen 13.00 yen 13.00 yen 26.00
Revised Forecast yen 13.00 yen 16.00 yen 29.00
Previous Fiscal Period Dividend
(Fiscal Period April 2000-March 2001)
yen 10.00 yen 13.00 yen 23.00