Canon Inc. (the "Company") hereby notifies to the public that it has determined the offering price and other terms in connection with the secondary offering of Company's shares, which was resolved at a meeting of the Company's Board of Directors held on February 7, 2005, as follows.
| (1) | Offering Price to the Public | Japanese yen 5,360- |
| (2) | Aggregate Amount of Offering Price | Japanese yen 26,800,000,000- |
| (3) | Underwriting Price | Japanese yen 5,141.20- |
| (4) | Aggregate Amount of Underwriting Price | Japanese yen 25,706,000,000- |
| (5) | Offering Period | From Tuesday, February 22, 2005 toThursday, February 24, 2005 |
| (6) | Delivery Date | Wednesday, March 2, 2005 |
(Note) The underwriter shall underwrite all the shares to be offered at the Underwriting Price and offer them at the Offering Price to the Public.
| Determination date and closing price | Monday, February 21, 2005 | Japanese yen 5,470- |
| Applied discount rate | 2.01% |
