Tokyo Electron Limited (TEL) announced today that at the Board of Directors held on November 13, 2007, it passed a resolution to pay dividends (interim dividends) to shareholders of record as of September 30, 2007, and to revise dividend forecasts for the fiscal year ending March 2008, which were announced on May 11, 2007, as follows:

1. Details of interim dividends

	Amount	Most recent dividend forecast	Dividend paid in previous fiscal year (interim period for March 2007)
Shareholder registration date	September 30, 2007	Same as left	September 30, 2006
Dividend per share	70 yen	57 yen	42 yen
Total dividends paid	12,524 million yen	－	7,495 million yen
Date dividends start to be paid	December 7, 2007	－	December 7, 2006
Source of funds to pay dividends	Retained earnings	－	Retained earnings

2. Reason
TEL has a basic dividend policy of linking the payment of dividends to business performance and earnings on an ongoing basis. The Company returns benefits to its shareholders by aiming for a 20% payout ratio based on consolidated net income. Since consolidated net income in the consolidated financial results announced today for the interim period showed an increase compared to the forecasts released on May 11, 2007, the interim dividends to be paid were adjusted upward. In addition, taking into consideration strong performance forecasts for the fiscal year, the Company plans to pay a dividend of 125 yen, seven yen more than previous forecast, for the whole year as listed below. (Based on the most recently revised forecast, the dividend to be paid at the end of the fiscal year is 55 yen)

Revision of dividend forecasts

	Dividend per share
Shareholder registration date	Interim	Year-end	Annual
Previous forecasts	57 yen	61 yen	118 yen
Forecasts revised today	70 yen (decided)	55 yen (forecast)	125 yen (forecast)
Dividend paid in previous fiscal year	42 yen	61 yen	103 yen