<P><FONT face=Arial size=2>Hitachi, Ltd. today reached an official agreement with Fujitsu Limited concerning Fujitsu Hitachi Plasma Display Limited (FHP), a joint venture of the two companies, in accordance with a basic agreement signed on February 2, 2005. Under the agreement, both companies will provide financial assistance to FHP and
Hitachi will acquire some of Fujitsu's shareholding in FHP and Fujitsu patents relating to plasma display panel (PDP) technology. <STRONG>FHP will become a subsidiary of Hitachi</STRONG> after the share transaction.</FONT></P>
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