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Notice Regarding Repurchase of OMRON Stock (Repurchase of Company Stock Pursuant to Article 156 of the Corporate Law of Japan)

FOR IMMEDIATE RELEASEMay 15, 2008

Company Name: OMRON Corporation
President and Chief Executive Officer:
Hisao Sakuta
Stock ticker number: 6645
Stock exchanges: Tokyo, Osaka, Nagoya
(First Sections)
Contact: Hiroshi Oishi, General Manager
Investor Relations Department
Phone: +81-3-3436-7170

OMRON Corporation (TSE: 6645, US: OMRNY) resolved at a meeting of its Board of Directors on May 15, 2008, to make a proposal for authorization to repurchase shares of the Company’s stock, pursuant to Article 156 of the Corporate Law of Japan. The proposal, which will be placed on the agenda of the Company’s ordinary general meeting of shareholders scheduled for June 24, 2008, is as follows.

  1. Reason for Share Repurchase
    OMRON will repurchase shares in order to facilitate flexible management in response to changes in economic conditions.
  2. Details of Repurchase
    (1) Type of shares to be repurchased: Common shares of OMRON stock
    (2) Number of shares to be repurchased: Up to 3 million
    (1.35% of total shares outstanding (excluding treasury stock))
    (3) Total cost of shares to be repurchased: Up to JPY10 billion
    (4) Repurchase period: Within one year of the ordinary general meeting of shareholders on June 24, 2008 (scheduled) or by the next ordinary general meeting of shareholders, whichever comes first.

Note: The above details are contingent upon approval of the “Proposal for Repurchase of Shares” at the ordinary general meeting of shareholders to be held on June 24, 2008.

Reference: Number of shares issued and outstanding/treasury stock as of March 31, 2008 Number of shares issued and outstanding (excluding treasury stock): 221,679,808 Treasury stock: 17,441,564 shares

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