News Release

Notification about Share Repurchase

(Share repurchase under the provisions of Epson's Articles of Incorporation pursuant to Article 165, Paragraph 2 of the Companies Act of Japan)

- TOKYO, Japan, June 7, 2016 -

At a meeting of its board of directors held on April 28, Seiko Epson Corporation (TSE: 6724, "Epson") resolved on a share repurchase pursuant to Article 156 of the Companies Act of Japan as applied pursuant to Article 165, Paragraph 3 of the same act, and implemented the share repurchase. Details of the share repurchase are as follows.

(1) Class of shares to be repurchased

Ordinary shares

(2) Total number of shares purchased

2,205,000

(3) Total repurchase amount

4,100,881,500 yen

(4) Repurchase period

May 2, 2016 to May 31, 2016 (on an execution base)

(5) Repurchase method

By securities company using discretionary method

Reference

1. Details of the resolution at board of directors meeting held on April 28, 2016.

(1) Class of shares to be repurchased

Ordinary shares

(2) Total number of repurchasable shares

7 million (maximum) (1.95% of the total number of issued shares (excluding treasury stock))

(3) Total repurchase amount

10 billion yen (maximum)

(4) Repurchase period

May 2, 2016 to June 30, 2016

(5) Repurchase method

By securities company using discretionary method

2. Total number of shares repurchased based on resolution of aforementioned board of directors' meeting (as of May 31, 2016)

(1) Total number of shares purchased

2,205,000

(2) Total repurchase amount

4,100,881,500 yen

About Epson
Epson is a global technology leader dedicated to connecting people, things and information with its original efficient, compact and precision technologies. With a lineup that ranges from inkjet printers and digital printing systems to 3LCD projectors, smart glasses, sensing systems and industrial robots, the company is focused on driving innovations and exceeding customer expectations in inkjet, visual communications, wearables and robotics.
Led by the Japan-based Seiko Epson Corporation, the Epson Group comprises more than 67,000 employees in 90 companies around the world, and is proud of its contributions to the communities in which it operates and its ongoing efforts to reduce environmental impacts.
http://global.epson.com/


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