December 25, 2002
Canon Inc.

Canon announces revision of dividend for fiscal 2002

On December 25, 2002, the Board of Directors of Canon Inc. decided to revise the company's dividend, to be proposed at the ordinary general meeting of shareholders in late March 2003.

1.Reason for revision

Since Canon Inc. expects to achieve record FY2002 consolidated and non-consolidated financial results, and in response to continued shareholder support, the Board of Directors decided to propose an increase in the company's year-end dividend.

2.Revised dividend for fiscal 2002 (ending December 31, 2002)

( yen )

    Revised Dividend   Previous Projection   Change
Interim 12.50 12.50 0.00
Year-end 17.50 12.50 +5.00
Annual (total) 30.00 25.00 +5.00