Announcement of Interim Cash Dividends and Revision of Dividend Forecast for the Fiscal Year Ending March 31, 2008

This is to announce that Nikon Corporation resolved at the meeting of Board of Directors held on November 8, 2007 concerning the following interim dividends as of September 30, 2007. Nikon also revised the forecast of year-end dividends.

1. Reason for Revision

   Nikon 's basic dividend policy is to improve the reflection of business performance, based on paying a steady dividend continuously, as well as expanding the investment for future growth and strengthening of competitiveness. With respect to the interim consolidated result, which was announced today, sales and profits reached the highest record as interim performance. Nikon also revised its forecast of full-year consolidated performance upward. After considering these factors, Nikon set the interim dividends at 11.5 yen per share, an increase of 2.5 yen from the latest forecast. Nikon also revised and set the forecast of year-end dividend at 11.5 yen per share, an increase of 2.5 yen from the latest forecast. As a result of these revisions, cash dividends for the fiscal year,ending March 31, 2008, will be 23 yen per share, an increase of 5 yen from the previous fiscal year.

2. Contents of the dividends

   	Interim dividends resolved to be distributed	Latest forecast (announced on May 10, 2007)	Interim dividends for the fiscal year ended March 31, 2007
   Record dates	September 30, 2007	Same as on left	September 30, 2006
   Cash dividends per share	11.5yen	9yen	6.5yen
   Total amount of dividends	4,592 million yen	-	2,404 million yen
   Effective date	December 10, 2007	-	December 11, 2006
   Resource of dividends	Retained earnings	-	Retained earnings

3. Contents of Revision

   	Dividend per Share
   Record Dates	Interim-end	Year-end	Annual total
   Previous Forecast (May 10, 2007)	9yen	9yen	18yen
   Revised Forecast		11.5yen	23yen
   Results of this fiscal year ending March 2008	11.5yen
   Results of this fiscal year ended March 2007	6.5yen	11.5yen	18yen