May 6, 2010
FOR IMMEDIATE RELEASE
Publicity Department
Oriental Land Co., Ltd.

Distribution of Dividends to Commemorate
the 50th Anniversary of Oriental Land Co.

URAYASU, CHIBA— Oriental Land Co., Ltd. announced that the board of directors’ meeting held this day (May 6, 2010), passed a resolution to distribute from retained earnings increased ordinary dividends and commemorative dividends as noted below using March 31, 2010 as the record date. 1.

Dividend Details

Items Decided
Recent Dividend
Projection
(Announced May 7,
2009)
Results for the Previous
Period
(Fiscal Year Ended
March 31, 2009)
Record Date
March 31, 2010
March 31, 2010
March 31, 2009
Dividend per
Share
60 yen
(Ordinary dividend: 50 yen)
(Commemorative dividend:
10 yen)
40 yen
40 yen
Total Amount of
Dividends
(million yen)
5,184
－
3,636
Effective Date of
Distribution
June 30, 2010
－
June 29, 2009
Resource for
Dividend
Retained Earnings
－
Retained Earnings
2.

Reason for Increase in Dividends Regarding the consolidated business results for the fiscal year ended March 31, 2010, the operating income, ordinary income and net income for this period were the company’s highest ever. We can attribute this to having satisfactorily shifted the themed park business—which is our main strength—to the center of our efforts. Accordingly, the ordinary dividend for the end of the fiscal year will be 50 yen, an increase of 10 yen over the previous year. In addition, Oriental Land Co. will be celebrating the 50th anniversary of its founding in July this year. To show our appreciation for the support of our stockholders, we will add 10 yen as a commemorative dividend to the ordinary dividend of 50 yen, amounting to a fiscal-year-end dividend of 60 yen per share. Combined with the 40-yen dividend distributed previously for the second quarter of the fiscal year, the dividend per share for the full year will be 100 yen (an increase of 30 yen over the previous year).

Dividends per Share
Record Date
2nd
Quarter-End
Year-End
Full Year
Results for this Fiscal Year
(Fiscal Year Ended March 31, 2010)
40 yen
60 yen
100 yen
Recent Dividend Projection
(announced May 7, 2009)
－
40 yen
80 yen
Results for the Previous Fiscal Year
(Fiscal Year Ended March 31, 2009)
30 yen
40 yen
70 yen

3.

Other (Projected dividends from the retained earnings for the fiscal year ending March 31, 2011) On the basis of our objective to have a payout ratio of 35% or more of consolidated net income, we project a dividend per share of 105 yen (an increase of 5 yen over this year) from the retained earnings for the fiscal year ending March 31, 2011.

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