Japanese

New Slate of Directors, Auditors and Executive Officers

May 7, 2004

Nikon Corporation (Shoichiro YOSHIDA, Chairman of the Board & Chief Executive Officer) announces that the board of directors today decided on its nominations for the new slate of Directors ,Auditors and Executive Officers to be proposed at the General Shareholders' Meeting to be held June 29, 2004 and the Board of Directors Meeting immediately following.

**Director's Promotion**
Proposed title	Current title	Name
^*Executive Vice President, Member of the Board	Senior Managing Director, Member of the Board & Senior Executive Officer	KARIYA, Michio
Managing Director, Member of the Board & Senior Executive Officer	Director, Member of the Board & Executive Officer	MIYAUCHI,Norio
Managing Director, Member of the Board & Senior Executive Officer	Director, Member of the Board & Executive Officer	TOMINO, Naoki

*Representative director

**New Director Nominees**
Proposed title	Current title	Name
Director, Member of the Board & Executive Officer	Executive Officer	SUWA, Kyoichi
Director, Member of the Board & Executive Officer	Executive Officer	KAWAI, Yoshimichi

**New Executive Officer Nominees**
Proposed title		Name
Executive Officer		KUMAZAWA, Masami
Executive Officer		GOTO, Tetsuro
Executive Officer		MORISHITA, Koji

**Retiring Director**
Current title		Name
Managing Director, Member of the Board & Senior Executive Officer		KUROSAWA, Masami

**Retiring Executive Officer**
Current title		Name
Executive Officer		NISHIDA, Yoichi
Executive Officer		SHIMIZU, Hisayuki

**New Corporate Auditor Nominee**
Current title		Name
Managing Director, Member of the Board & Senior Executive Officer		KUROSAWA, Masami
Executive Officer		SHIMIZU, Hisayuki
Member of the Board & Executive Vice President, The Mitsubishi Corporation		KANI, Susumu

**Retiring Corporate Auditor**
Current title		Name
Standing Corporate Auditor		OBANA, Yuji
Standing Corporate Auditor		IMAGAWA, Yoshiro
Corporate Auditor	(Corporate Advisor, The Mitsubishi Corporation)	OKANO, Mitsutake

Yuji OBANA, Yoshiro IMAGAWA and Yoichi NISHIDA have been nominated as Counselors.

Susumu KANI is an outside corporate auditor as provided under Article 18, Clause 1 of the "Law for the Special Rules of Commercial Law concerning Stock Companies' Audits".

The information is current as of the date of publication. It is subject to change without notice.