Minolta Co., Ltd.
March 10, 2003

Osaka, Japan, March 10, 2003 -- Minolta Co., Ltd. is proud to announce that it will be exhibiting its products at the "CeBIT," the world's largest trade show for information and telecommunications technology, starting from March 12th till 19th in Hannover, Germany. Product highlights are as shown below.

Digital Photo Products

The new addition to the popular Minolta DiMAGE X series lineup known for its unique folded optics is "DiMAGE Xt". And stylish and versatile "DiMAGE F200" provides superior image quality with its 4 million effective pixels CCD. Minolta is also presenting a new communication software application "DiMAGE Messenger" that allows users to connect written text to specific portions of digital images in simple steps.

Image Information Products

A wide range of products on exhibit includes the award-winning* DiALTA Color series "CF3102 and CF2002" copier-printer-scanners, high-speed B/W digital copier "DiALTA Di850", color laser printer "magicolor 2300DL", solutions for paper output management, and Print-on-Demand solutions.

*

The "Editor's Choice Award" in the color copier category from Better Buys for Business, and "Five Star Exceptional Rating" from BERTL (Business Equipment Research & Test Laboratories)

For further information, please visit our European website at
http://www.minoltaeurope.com/CeBit/en/index.html
(Information available in English and German languages)

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Notice to U.S. Investors

This press release includes forward-looking statements that reflect the plans and expectations of Minolta Co., Ltd. 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 Minolta Co., Ltd. and the new corporate group (referred to in the press release issued by Konica Corporation and Minolta Co., Ltd. on January 7, 2003, and any subsequent press releases by either or both of them relating to the proposed share exchange and integration of management described therein) to differ materially from those expressed or implied in the forward-looking statements. Minolta Co., Ltd. undertakes no obligation to update publicly any forward-looking statements after the date of this press release.