Notice Concerning Sale of Fixed Assets

At the meeting of the board of directors held August 27th, 2004, Nikon Corporation resolved to implement a sale of fixed assets as described below.

1. Reason for the sale

   To sell off welfare provisions as part of our ongoing program to improve management efficiency, thereby improving corporate financial strength.

2. Description of the sale of properties to be transferred

   (1) Name	Land, buildings, etc. (welfare provisions)
   (2) Location	2-chome, Tamagawadai, Setagaya-ku, Tokyo
   (3) Site area	Lot area: 8,675.38m² Building floor area: 10,865m²
   (4) Sale amount	¥ 5,600 million
   (5) Book value	¥ 244 million

3. Outline of purchasers

   (1) Business name	Mitsubishi Estate Co., Ltd.	Nomura Real Estate Development Co., Ltd.
   (2) Address of head office	6-1, Otemachi 1-chome, Chiyoda-ku, Tokyo	26-2, Nishishinjuku 1-chome, Shinjuku-ku, Tokyo
   (3) Representative	President, Shigeru Takagi	President, Hirohisa Suzuki
   (4) Paid-in capital	¥ 86,534 million	¥ 2,000 million
   (5) Relation with Nikon	(As of March 31st, 2004) Number of purchaser's shares held by Nikon: 1,258 thousand shares Number of Nikon's shares held by purchaser: 2,547 thousand shares	No capital relation

4. Date of sale

   August 27th, 2004: Decision by the board of directors
   Late August (planned): Signing of the agreement for sale
   September 30th, 2004 (planned): Handing over of the properties

5. Outlook

   Profits realized from this sale are expected to amount to approx. ¥ 5.3 billion. This amount has already been designated as profit on financial results for this term (April 1, 2004 — March 31, 2005). Therefore, there are no changes to the Forecast of Financial Results for the Year ended March 31, 2005 (the first half year and the whole year).