Konica Minolta Holdings, Inc.
August 5, 2003

Aiming for Further Development
Konica Minolta -- Establishment of a New Symbol Logo

Tokyo (August 5, 2003) --- Konica Minolta Holdings, Inc. (Fumio Iwai, President & CEO) is pleased to announce today the start of operations as a new holding company formed through an exchange of stock by Konica Corporation and Minolta Co., Ltd. In conjunction with the commencement of this new company, the new Konica Minolta Group symbol logo will officially go into use as of August 5. Konica Minolta Holdings, Inc. also began incorporating this logo into the corporate logos of each of the Group companies, and applying the logo to the products and services provided by companies.

[ Konica Minolta Management Philosophy and Vision ]

Management Philosophy: The Creation of New Value
Management Visions:

-- Innovative corporation that continues to create impressions in the field of imaging.

-- A global market leader that offers advanced technology and reliability.

Corporate Message: “The essentials of imaging”

[ Konica Minolta -- The New Symbol Logo ]

KONICA MINOLTA

[ Konica Minolta Group -- Concept behind the New Symbol Logo ]

The new symbol logo consists of a symbol mark and a logotype, and the design expresses the values that Konica Minolta provides to its customers.

[ Symbol Mark ]

This “Globe Mark”, resembling a globe, represents the limitless expansion of Konica Minolta and the new value it offers to customers around the world.

The oval form is an expression of the trust and feeling of security given to customers and the harmony of the wide spectrum of technology. The five lines represent light and express the wide range of technical capabilities in the field of imaging. The blue color of this symbol mark expresses ingenious innovation, and the color has been named “Innovation Blue”.

[ Logotype ]

This logotype is an expression of the precision and feeling of quality in the technologies and products created by Konica Minolta in the field of imaging. At the same time, it shows that the brand will continue to bring fresh surprises to customers.

With this new symbolic logo, the Konica Minolta Group aims to continuously provide new value, and become an essential company to its customers.

This announcement, which was released on August 4, 2003, has been posted on the new web site on August 5, with several changes in wordings but the contents remain the same.

Cautionary Statement Regarding Forward-Looking Statements:

This press release includes forward-looking statements that reflect the plans and expectations of Konica Minolta Holdings, Inc. To the extent that statements in this press release do not relate to historical or current facts, they constitute forward-looking statements. The forward-looking statements are based on the current assumptions and beliefs of Konica Minolta Holdings, Inc. in light of the information available to it, and involve known and unknown risks and uncertainties. Potential risks and uncertainties include, but are not limited to, the ability of Konica Minolta Holdings, Inc. to integrate the operations of Konica Corporation and Minolta Co., Ltd. effectively, as well as the factors identified under "Forward-Looking Statements" of the Annual Report 2002 of Konica Corporation and "Disclaimer Regarding Forward-Looking Statements" of the Annual Report 2002 of Minolta Co., Ltd. Such risks, uncertainties and other factors may cause the actual results, performance or financial position of Konica Minolta Holdings, Inc. to differ materially from those expressed or implied in the forward-looking statements. Konica Minolta Holdings, Inc. undertakes no obligation to update publicly any forward-looking statements after the date of this press release.

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