Based on recent business performance trends and other factors, Tokyo Electron Limited (TEL) has revised its FY2007 financial forecasts (previous forecasts were announced on July 28, 2006) and dividend forecasts (previous forecasts were announced on May 12, 2006) as follows:

1. Consolidated financial forecast revision

Financial forecast revision for the year ending March 31, 2007 (April 1, 2006 - March 31, 2007)

(Millions of yen, %)

	Net sales	Ordinary income	Net income
Previous forecast (A) (July 28, 2006)	800,000	115,000	70,000
Revised forecast (B)	830,000	132,000	82,000
Amount of increase/decrease (B-A)	30,000	17,000	12,000
Percent increase/decrease	3.8%	14.8%	17.1%
Results for the year ended March 31, 2006	673,686	75,951	48,005

2. Non-consolidated financial forecast revision 

Financial forecast revision for the year ending March 31, 2007 (April 1, 2006 - March 31, 2007)

(Millions of yen, %)

	Net sales	Ordinary income	Net income
Previous forecast (A) (July 28, 2006)	670,000	62,000	40,000
Revised forecast (B)	700,000	70,000	45,000
Amount of increase/decrease (B-A)	30,000	8,000	5,000
Percent increase/decrease	4.5%	12.9%	12.5%
Results for the year ended March 31, 2006	572,019	44,836	29,256

Note:
 The content of statements concerning financial forecasts are based on certain assumptions judged to be reasonable at the present time in light of information currently available concerning economic conditions in Japan and overseas, fluctuations in exchange rates and other factors that may have an impact on performance.
They are therefore susceptible to the impact of many uncertainties, including market conditions, competition, the launching of new products and their success or failure, and global conditions in the semiconductor production equipment business. Consequently, actual sales and profits may differ substantially from the projected figures.

[Reason for revision]
Net sales in the semiconductor production equipment division are likely to exceed previous forecasts as a result of higher orders.

3. Dividend forecasts revision

	Interim	Year-end	Annual
Previous forecasts (May 12, 2006)	32 yen	40 yen	72 yen
Forecasts revised today	42 yen	50 yen	92 yen
(Reference) Dividend per share for the previous fiscal year	25 yen	30 yen	55 yen

[Reason for revision]
TEL's dividend policy is to link dividend payments to business performance and revenue on an ongoing basis, and its basic policy for returning earnings to shareholders is to maintain a payout ratio for a given year of aroud 20% based on consolidated net income for the year. Therefore, TEL revises forecasts of year-end dividends per share in addition to the consolidated financial forecasts revision as above.