Announcement of Cash Dividends for the Fiscal Year Ended March 31, 2009

This is to announce that Nikon Corporation resolved at the meeting of Board of Directors held on May 13, 2009 to propose the year-end dividends as of March 31, 2009 as described below at General Shareholder's Meeting which is scheduled to be held on June 26, 2009.

1. Reason for dividend

   Nikon 's basic dividend policy is to pay a continuously stable dividend reflecting more of business performance as well as expanding the investment for future growth and strengthening of competitiveness. More specifically, its present goal is to provide a total return ratio of 25% or more. Based on the above policy, Nikon set the year-end dividends at 5.5 yen per share, a decrease of 7 yen from the latest forecast.
   As a result of this decrease, cash dividends for the fiscal year ended March 31, 2009 will be 18 yen per share, a dividend payout ratio of 25.4%, and a decrease of 7 yen from previous fiscal year.

2. Contents of the dividends

   	Cash dividends resolved to be distributed	Latest forecast (announced on February 5, 2009)	Cash dividends for the fiscal year ended March 31, 2008
   Record dates	March 31, 2009	Same as on left	March 31, 2008
   Cash dividends per share	5.5yen	12.5yen	13.5yen
   Total amount of dividends	2,180 million yen	-	5,391 million yen
   Effective date	June 29, 2009	-	June 30, 2008
   Resource of dividends	Retained earnings	-	Retained earnings

   Details of annual dividends

   	Dividend per Share
   Record Dates	Interim-end	Year-end	Annual total
   Results of this fiscal year 2008	12.5yen	5.5yen	18yen
   Results of previous fiscal year 2007	11.5yen	13.5yen	25yen