March 23, 2007
To whom it may concern
Fidec Corporation
President & CEO
Tsuyoshi Fukada
(Stock Code: 8423 TSE 1
st
section)
Contact General Manager
Corporate Strategy Planning Department
Ryoko Oikawa
TEL +81-3-3580-3555
Notice Regarding Revision of Exercise Price for the Fifth Series of Stock Acquisition Rights
Fidec Corporation announced that the exercise price for the fifth series of stock acquisition rights will be revised
as follows.

1.
Revision of Exercise Price
(Name)
(New Exercise Price)
(Current Exercise Price)

Fidec Corporation The Fifth Series of Stock Acquisition Rights
184,600 yen
205,700 yen
2.
Application Date
From March 26, 2007
3.
Reason for the Revision
Based upon the “Terms and Condition of the Issuance of the Fifth Series of Stock Acquisition Rights.”

(End of document)