Toshiba Announces Organizational Change of PC Operations

22 December, 2003

Changes to take effect on January 1st, 2004

TOKYO -- Toshiba Corporation today announced that it would establish a new in-house company, Personal Computer & Network Company, effective January 1st 2004. The new organization will be established by separating the current personal computer-related operations from Digital Media Network Company.

The establishment of a dedicated company, solely focused on PC operations, is expected to further accelerate Toshiba's renovation of its PC business and secure an early improvement of profitability.

Toshiba's Digital Products Group currently comprises two in-house companies, Mobile Communications Company and Digital Media Network Company. The January 1st reorganization will position the new Personal Computer & Network Company as the third company in the group.

Current in-house companies of Digital Products Group

  Mobile Communications Company
  Digital Media Network Company

In-house companies of Digital Products Group, 1st January, 2004

  Mobile Communications Company
  Digital Media Network Company
  Personal Computer & Network Company

Information in the press releases, including product prices and specifications, content of services and contact information, is current on the date of the press announcement,but is subject to change without prior notice.