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Konica Corporation
March 2, 2003

Konica Launches New Convenient One-Time-Use Camera for Everyday Shooting


Tokyo (March 2, 2003) - Konica Corporation announces introduction of a new everyday use convenient model of one-time-use camera Konica FiLM-iN Neo SUPER at the PMA 2003 being held from March 2 to 5, in Las Vegas, USA.

Incorporating Konica Color CENTURIA SUPER 400, The Konica FiLM-iN Neo SUPER delivers stunning pictures. It also features new and quieter film winding mechanism, so that you can shoot without caring about winding noise in any situation.

A simple non-flash model is for shooting convenient daytime outdoor scenes, such as excursions and picnics with family and friends. A flash model is perfect for taking brilliant indoor shots such as parties and family get-togethers. With its flash function ON, the camera adjusts the aperture automatically for perfect exposures every time. The flash charges quickly in about three seconds, so that pictures can be taken successively.

The new Konica FiLM-iN Neo SUPER will replace Konica FiLM-iN Neo and will begin shipment in the US market starting this spring.

Major Specifications of the "Konica FiLM-iN Neo SUPER"
Flash With flash Non-flash
Film type 135 size ISO 400 135 size ISO 400
No. of exposures 27 exposures 27 exposures
Lens f=30mm F6.7/12.3 f=30mm F12.3
Focus range 1m - ∞ 1m - ∞
Flash range 1m - 4m -------
Dimensions 110.4 x 54.4 x 33.7mm 110.4 x 54.4 x 33.7mm
Weight 93g(27exp) 69g(27exp)

Notice to U.S. Investors

This press release includes forward-looking statements that reflect the plans and expectations of Konica Corporation and Minolta Co., Ltd., in relation to the proposed share exchange and integration of management and the benefits resulting from them. 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 Corporation and Minolta Co., Ltd. in light of the information available to them, and involve known and unknown risks and uncertainties. Potential risks and uncertainties include, but are not limited to, the ability of Konica Corporation and Minolta Co., Ltd. to integrate their operations 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 the new corporate group referred to in this press release to differ materially from those expressed or implied in the forward-looking statements. Konica Corporation and Minolta Co., Ltd. undertake no obligation to update publicly any forward-looking statements after the date of this press release.

This press release relates to a proposed share exchange which involves the securities of two Japanese companies, Konica Corporation and Minolta Co., Ltd. The share exchange is subject to Japanese disclosure requirements that are different from those of the United States. Financial information included in the document has been prepared in accordance with Japanese accounting standards that may not be comparable to the financial statements of United States companies.

It may be difficult for you to enforce your rights and any claim you may have arising under the U.S. federal securities laws, since Konica Corporation and Minolta Co., Ltd. are located in Japan, and some or all of their officers and directors are residents of Japan. You may not be able to sue the companies or their officers or directors in a Japanese court for violations of the U.S. securities laws. It may be difficult to compel the companies and their affiliates to subject themselves to a U.S. court's judgment.

You should be aware that Konica Corporation and Minolta Co., Ltd. may purchase securities otherwise than under the share exchange, such as in open market or privately negotiated purchases.

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