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                      May 30, 2003
                      Purchase of Own Shares
                      Tokyo, May 30, 2003 --- Hitachi, Ltd. (NYSE:HIT / TSE:6501) announced that, pursuant to the provisions of Article 210 of the Commercial Code of Japan, it purchased its own shares at the market as follows:


                      1. Class of shares purchased: Common stock of Hitachi, Ltd.
                      2. Aggregate number of shares purchased: 66,338,000 shares
                      3. Aggregate purchase amount: 29,934,896,000 yen
                      4. Period of purchase: May 1, 2003 through May 30, 2003
                      5. Method: Purchase at Tokyo Stock Exchange

                      Reference
                        Details of the resolution that was approved at the Ordinary General Meeting of Shareholders held on June 26, 2002 are as follows:
                        (1) Class of shares to be acquired: Common stock of Hitachi, Ltd.
                        (2) Aggregate number of shares to be acquired: Up to 300 million shares
                        (3) Aggregate acquisition amount: Up to 300 billion yen
                         
                         
                        Acquisition executed pursuant to the above resolution through May 30, 2003
                        (1) Aggregate number of shares acquired: 66,338,000 shares
                        (2) Aggregate acquisition amount: 29,934,896,000 yen
                      Information contained in this news release is current as of the date of the press announcement, but may be subject to change without prior notice.
                      PDF files are in Adobe's Portable Document Format. To view them you need Acrobat(R) Reader 5.0 by Adobe Systems Incorporated.
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