Notice regarding Cancellation of Treasury Stock (Cancellation of Treasury Stock under Article 178 of the Company Law of Japan)

OMRON Corporation (TOKYO: 6645; ADR: OMRNY; "the"Company") announced that its Board of Directors resolved today to cancel treasury stock pursuant to Article 178 of the Corporate Company Law of Japan.

1. Reason for Cancellation
   

   As announced on October 30, 2007, OMRON's policy regarding treasury stock is to limit holdings toa maximum of 10% of total outstanding shares including treasury stock and cancel surplus holdings. As a result of a resolution made today to the Company has a policy of limiting treasury stock holding "to a maximum of 10% of total outstanding shares including treasury stock" and cancel surplus treasury stock.With the repurchase of 6 million shares resolved today, theof the Company's stock, OMRON's treasury stock holdingsis are expected to reach around approximately 11% of total outstanding shares (including treasury stock)at by the end of this fiscal year 2007. Accordingly, OMRON will cancel treasury stock equivalent to approximately 4% of outstanding shares (including treasury stock) in order to stay below this 10% ceiling and facilitate future stock repurchases.

2. Details of Cancellation
   
   1. Type of shares to be cancelled
      Common stock of the Company
   2. Number of shares to be cancelled
      10,000,000 shares
      (4.01% of outstanding shares issued prior to cancellation (including treasury stock))
   3. Scheduled date of cancellation
      March 21, 2008