RNS Number:9749S
NEC Corporation
08 December 2003




 Notice Concerning the Determination of the Offering Price, etc. of Our Shares


On December 8, 2003, NEC Corporation (the "Company") (Code No. 6701) determined
the offering price, etc. in connection with the issuance of new shares and the
secondary offering of our shares, approved at the meeting of board of directors
held on November 21, 2003, as follows.



1. Offering of Newly Issued Shares


(1) Number of Shares to be Issued
        The Company's Shares of Common Stock      250,000,000 Shares
        (Japanese Offering                        119,000,000 Shares)
        (International Offering                   131,000,000 Shares)

(2) Offering Price                                711 Japanese Yen per Share

(3) Total Amount of Offering Price                177,750,000,000 Japanese Yen

(4) Issue Price                                   681.96 Japanese Yen per Share

(5) Total Amount of Issue Price                   170,490,000,000 Japanese Yen

(6) Portion of Issue Price not to be Accounted to 340.96 Japanese Yen per Share
    Stated Capital

(7) Subscription Period (in Japanese Offering)
    The subscription period in the Japanese Offering shall be from Tuesday, December 9, 2003
    to Thursday, December 11, 2003.

(8) Payment Date                                  Tuesday, December 16, 2003

(9) Share Certificate Delivery Date               Wednesday, December 17, 2003
    (Note) Underwriters shall purchase the Company's shares of common stock at the issue price
    and offer them at the offering price.



2. Secondary Offering of the Shares (Over-Allotments)


(1) Number of Shares to be Sold
        The Company's Shares of Common Stock      23,000,000 Shares

(2) Sales Price                                   711 Japanese Yen

(3) Total Amount of Sales Price                   16,353,000,000 Japanese Yen

(4) Selling Period
    The selling period shall be from Tuesday, December 9, 2003 to Thursday, December 11, 2003.

(5) Share Certificate Delivery Date               Wednesday, December 17, 2003



3. Issuance of New Shares by Allocation to Third Party (Capital increase by
    allocation of new shares to third party which may be made in connection with
    the secondary offering mentioned in 2. above)


(1) Number of Shares to be Issued
        The Company's Shares of Common Stock      23,000,000 Shares

(2) Issue Price                                   681.96 Japanese Yen per Share

(3) Total Amount of Issue Price                   15,685,080,000

(4) Portion of Issue Price not to be Accounted to 340.96 Japanese Yen per Share
    Stated Capital

(5) Subscription Period                           Friday, January 16, 2004

(6) Payment Date                                  Monday, January 19, 2004

(7) Share Certificate Delivery Date               Tuesday, January 20, 2004


Not to be circulated in the United States.

These materials are not an offer of securities for sale in the United States. The securities may not be offered or sold
in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933.
Public offering of securities to be made in the United States will be made by means of a prospectus that may be
obtained from the Company. Such prospectus will contain detailed information about the Company and management, as well
as financial statements. A part of the proposed offering will be registered in the United States under a registration
statement filed under the U.S. Securities Act of 1933.


                      This information is provided by RNS
            The company news service from the London Stock Exchange
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