KONICA MINOLTAS DiMAGE A2 DIGITAL CAMERA AND ANTI-SHAKE TECHNOLOGY RECEIVE TOP 2004-2005 HONORS
Mahwah, NJ (August 25, 2004) Konica Minolta announces that their CCD-Shift Anti-Shake technology has received a 2004-2005 European Imaging and Sound Association (EISA) award in the Innovation category. In addition, the new Konica Minolta DiMAGE Amegapixel digital camera featuring the Anti-Shake technology has won the Technical Image Press Association (TIPA) Award for Best Digital Prosumer Camera in Europe for the year 2004. The DiMAGE A2 has also received prestigious Editors Choice awards this year from PC Magazine, CNET and American Photo. These awards are especially significant because they recognize Konica Minoltas commitment to producing the highest quality photography products for consumers, said Jon Sienkiewicz, vice president of marketing, Konica Minoltas Camera Division. We are honored that our Anti-Shake technology as well as the new DiMAGE A2 have been selected as a superior imaging product throughout Europe and the United States. According to EISA, Konica Minoltas Anti-Shake technology was selected to receive their Innovation award because it enables users to capture sharp pictures even in low light conditions and at long focal lengths. It is a completely new type of stabilizer system not connected to the optical element, but directly to the CCD sensor. Quick response is secured by the specialized integrated circuit, and activation of AntiShake is as easy as pressing one button. The DiMAGE A2 received the TIPA award for Best Digital Prosumer Camera because of Konica Minolta's exclusive anti-shake system which compensates for camera shake by adjusting the CCD internally. This gives maximum potential for the wide-ranging 28-200mm zoom lens and high resolution image sensor. With SLR style handling and a wide range of control options and overrides this is a fantastic choice for the demanding enthusiast photographer looking for creative images. According to PC Magazine, The Konica Minolta DiMAGE A2 offers exceptional functions and excellent handling characteristics. Its zoom range and anti-shake technology make the DiMAGE A2 ideal for rock-solid handheld telephoto shots and worthy of an Editors' Choice. And CNET had this to say: Generally efficient design, top-tier performance, and features galore make the DiMAGE A2 a top choice for resolution-hungry enthusiasts. American Photo said the DiMAGE A2 boasts the best electronic viewfinder in the business. At 922,000 pixels, the DiMAGE A2s eyepiece LCD provides resolution more than three times higher than the nearest competitor. In addition to the DiMAGE A2, American Photo also selected several other Konica Minolta products to receive a 2004 Editors Choice Award as seen in the July/August 2004 issue. These products are the Maxxum 70 Single Lens-Reflex 35mm film camera, 300mm f/2.8 SSM lens, the Zoom 160c 35mm pointand-shoot camera, the DiMAGE Scan Elite 5400 film scanner and the DiMAGE Xg and DiMAGE G600 digital cameras.

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Konica Minolta Anti-Shake Technology & DiMAGE A2 Receive Top 2004-2005 Honors (contd)
CCD-Shift Anti-Shake Function The Konica Minolta DiMAGE A series digital cameras were the first model to include Konica Minoltas Anti-Shake function. This technology gives photographers unprecedented control and accuracy when taking pictures in low light situations, as well as when fully-extending and hand-holding the cameras optical zoom lens. The high-precision CCD-shift method employs the proprietary Smooth Impact Drive Mechanism (SIDM), in which angular velocity sensors detect the degree of shaking and move the CCD to compensate for and correct this. The SIDM enables compensation to minimize the effect of camera shake at 2-3 shutter speeds slower than on cameras without an Anti-Shake function (equivalent to 2-3 exposure increments). This allows DiMAGE cameras incorporating this technology to correct shaking without increasing shutter speed and raising ISO sensitivity, factors which increase image noise. In addition, users wont see the deterioration in image quality usually associated with electronic anti-shake systems. The CCD-shift method doesnt require extra correction lenses like optical anti-shake systems. The anti-shake system is effective in correcting both the fine movement of pressing the shutter-release button and the larger and slower movements of the users body. Konica Minolta DiMAGE A2 Konica Minoltas DiMAGE Amegapixel single lens-reflex (SLR)-type digital camera features body integral anti-shake technology, ultra-fast operation and high-speed start-up as well as several professional-type functions. Featuring a fast, innovative new 3D autofocusing (AF) system (1.5 times faster than the DiMAGE A1) with 3D Predicative Focus Control and Movement tracking, a fast built-in f/2.8 3.5 7x optical zoom lens, Anti-shake function for still images and VGA quality movies, CxProcess II Image Processing technology, the worlds first VGA-resolution Viewfinder (approximately 922,000 pixels), UHS Continuous Advance rate of 7 frames per second, high-speed USB 2.0 support and compatibility with portable and studio flash systems, the DiMAGE A2 provides the tools digital photographers need to express their creativity and solve visual problems. European Imaging and Sound Association (EISA) The EISA awards are presented annually to the best photographic equipment and chosen by the Photo Panel of EISA representing editor-in-chief and technical editors from nearly 50 prominent magazines from 20 European countries. Previous winning camera models from Minolta were the X-700 (1982), Maxxum 7000 (1985), Maxxum 7000i (1988), Maxxum 7xi (1991), Maxxum 9xi (92-93), Maxxum 700si (94-95), Maxxum HTsi (98-99), Freedom Zoom 150 (2000-2001), Dimge Scan Elite (20002001) and Maxxum 7 (2001-2002). Technical Image Press Association (TIPA) The TIPA European Photo & Imaging Award winners are chosen by a group of editors and technical editors representing 31 European photography and imaging magazines from 12 European countries. All are members of the TIPA, which is an independent, non-profit organization open to all European magazines in the photography publishing industry. Previous winning photo equipment from Minolta were the Maxxum 700si (94-95), Maxxum 600si (95-96), Maxxum HTsi (98-99), Minolta Vectis 2000 (2000-2001), Minolta DiMAGE 7 (2001-2002), Maxxum 7 (2001-2002), Minolta DiMAGE X and Maxxum 5 (2002-2003) and DiMAGE Scan Elite 5400 (2003-2004). About Konica Minolta Photo Imaging U.S.A., Inc. Konica Minolta Photo Imaging U.S.A., Inc., headquartered in Mahwah, NJ, is the North American sales and marketing subsidiary of Konica Minolta Holdings, Inc. (Tokyo, Japan). On August 5, 2003 Konica Minolta Holdings, Inc. was formed to enhance both the competitive business capabilities and earning capacities of Konica Corporation and Minolta Co., Ltd.

Consumers around the world have come to know and trust the Konica and Minolta brands for all their imaging needs. Since the earliest days of the photo industry, Minolta and Konica have applied their talents and resources to create products and services that are essential to the world of imaging. Today, these efforts concentrate on the most important aspects of imaging: the quality of the images, the tools and methods for creating images, and the creation of environments for the application of images. This focus on the essentials of imaging ties together the companys key business and consumer product lines. Konica Minolta Photo Imaging U.S.A., Inc. is a leading manufacturer and marketer of 35mm and Advanced Photo System film, single-use cameras, digital and 35mm film cameras, accessory lenses, binoculars, photographic and color measurement meters. In addition the company offers color print photo papers, inkjet photo paper, digital minilabs, digital film scanners, optical instruments, software and advanced imaging and sensing technologies. Konica Minolta Photo Imaging U.S.A., Inc. also provides wholesale photofinishing services and Internet imaging services. It is a complete imaging company, from input through output. For more information about Konica Minolta Photo Imaging U.S.A., Inc., its products and services, visit www.konicaminolta.us. All brand names are trademarks and/or registered trademarks of their respective companies. ##### Contact Information: Steve Rosenbaum/Leigh Grimm S.I.R. Marketing Communications, Inc. 631-757-5665 sir@sironline.com Steve Eliasof Konica Minolta Photo Imaging U.S.A., Inc. 201-574-4282

Financial Highlights

Board of Directors

(As of July 1, 2000)

Corporate Data

President

Yoshikatsu Ota*
MINOLTA CO., LTD. Established

November 1928

Senior Executive Directors
Yoshihiko Higashiyama Norio Tashima
A Message from the President

Paid-in Capital

25,832,512,890 (As of March 31, 2000)

Executive Directors

Norikatsu Shimizu Masayoshi Inoue

Number of Employees**

4,841 (As of March 31, 2000)

Executive Advisor

Osamu Kanaya
Independent Public Accountants
Century Ota Showa & Co.

Directors

Toshio Kobori Ryusho Kutani Toru Kisanuki Hiroshi Fujii Norio Uryu Akio Kawano Shigeyuki Seki Toshiaki Ishihara Tateomi Kohno Yoshisuke Takekida Masanori Hondo Masaru Oba

Major Businesses

Image Information Products: Manufacture and sale of photocopiers, printers, facsimile machines, word processors, document imaging products and their accessories Optical Products: Manufacture and sale of cameras, lenses, binoculars, radiometric instruments, planetariums and their accessories Other:

What is Minolta?

Stock Exchange Listings
Osaka, Tokyo, Nagoya, Frankfurt and Dsseldorf
Transfer Agent Full-Time Corporate Auditors
Mikio Naya Takeshi Mabuchi

Financial Section

Corporate Auditors
Shiro Kawahara Kimio Haruna
The Toyo Trust & Banking Co., Ltd. Transfer business handled at the Corporate Agency Dept., Osaka Branch, The Toyo Trust & Banking Co., Ltd., 6-3, Fushimi-machi 3-chome, Chuo-ku, Osaka 541-8502, Japan, and at the head office and all branch offices of The Toyo Trust & Banking Co., Ltd.
The following are trademarks or registered trademarks of Minolta Co., Ltd.: DiALTA / Di350 / Di521 / Di621 / Di400 / Di520 / CF910 / PagePro4100 DYNAX / DYNAX 9 / / MAXXUM / VECTIS / VECTIS 2000 / RIVA / RIVA ZOOM 150 / CAPIOS / Freedom Dimge RD 3000 / Dimge Scan Elite / Dimge 2300 / Dimge Scan Dual II / Dimge Scan Multi VIVID 700 / VIVID 300 / VI-700 / VI-300 / T-10 / CM-3600d / CS-1000 The following are trademarks or registered trademarks of MINOLTA-QMS, Inc.: magicolor / DeskLaser DYNAX series SLRs are marketed as the MAXXUM series in North America and the series in Japan, and RIVA compact cameras are marketed as the CAPIOS series in Japan and the Freedom series in North America. VIVID 700 and VIVID 300 3D digitizers are marketed in Europe as VI-700 and VI-300. **The number of employees does not include temporarily transferred employees, temporary employees, or temporarily retired employees.

*Representative Director

Corporate Directory
Board of Directors / Corporate Data

50p10/66p2

Head Office
3-13, Azuchi-machi 2-chome, Chuo-ku, Osaka 541-8556, Japan Telephone: (81) 6-6271-2251 Fax: (81) 6-6266-1010 Telex: J63403

Tokyo Office

19-13, Takanawa 2-chome, Minato-ku, Tokyo 108-8608, Japan Telephone: (81) 3-5423-7551 Fax: (81) 3-5423-7550

Plants

Sakai Operations, Sayama Operations, Toyokawa Administrative Center, Toyokawa Plant, Mikawa Plant, Mizuho Plant, Itami Plant

Laboratories

Technical Center, Takatsuki Laboratory, Toyokawa Development Center, Advanced Systems Center Seishin

Esaka Operations

Major Subsidiaries
JAPAN Minolta Sales Co., Ltd.* Minolta Planetarium Co., Ltd.* Minolta Office System Tokai Co., Ltd.* Minolta Office System Kinki Co., Ltd.* Minolta Office System Tokyo Co., Ltd.* Minolta Office System Kyushu Co., Ltd.* Minolta-QMS K.K.* U.S.A. Minolta Corporation* Minolta Business Solutions, Inc.* Mohawk Marketing Corporation* Astro-Tec. Mfg., Inc.* Minolta Information Systems, Inc.* Minolta-QMS, Inc.* CANADA Minolta Canada Inc.* Minolta Business Equipment (Canada), Ltd.* QMS Canada, Inc.* GERMANY Minolta Europe GmbH* Develop GmbH* Plankopie Gesellschaft fr Brosysteme (M) mbH* HPZ Hurth Papier GmbH QMS GmbH* FRANCE Minolta France S.A.* Repro Conseil S.A.* QMS France S.a.r.I*
U.K. Minolta (UK) Limited* QMS (U.K.) Ltd.* SWITZERLAND Minolta (Schweiz) AG* AUSTRIA Minolta Austria Gesellschaft mbH* THE NETHERLANDS Minolta Camera Benelux B.V.* QMS Europe B.V.* Triple S International B.V. BELGIUM Minolta Business Equipment (Belgium) N.V.* SWEDEN Minolta Svenska AB* Minolta Business Equipment Sweden AB* QMS Nordic AB* NORWAY Minolta Norway AS* ITALY Minolta Italia S.p.A.* PORTUGAL Minolta Portugal Limitada* SPAIN Minolta Spain S.A.* DENMARK Minolta Denmark A/S* HUNGARY Minolta Magyarorszag Kft. POLAND Minolta Polska Sp. zo. o. THE CZECH REPUBLIC Minolta spol.s r.o.* SLOVAKIA Minolta Slovakia spol.s r.o. ROMANIA Minolta Romania s.r.l. LITHUANIA UAB Minolta Baltia BULGARIA Minolta Bulgaria o.o.d. SLOVENIA Minolta d.o.o. Ljubljana CROATIA Minolta Zagreb d.o.o. SERBIA Minolta Beograd d.o.o. UKRAINE Minolta Ukraine CHINA (HONG KONG) Minolta Hong Kong Limited* CHINA Minolta International Trading (Shanghai) Co., Ltd. SINGAPORE Minolta Singapore (PTE) Limited* MALAYSIA Minolta Marketing (M) Sdn. Bhd.* NEW ZEALAND Minolta New Zealand Limited* AUSTRALIA Minolta Business Equipment Australia PTY. Ltd.* QMS Australia PTY Ltd.*

MANUFACTURING

JAPAN Aoi Camera Co., Ltd.* Sankei Precision Products Co., Ltd.* Toyohashi Precision Products Co., Ltd.* Nara Minolta Seiko Co., Ltd. Nankai Optical Co., Ltd. Okayama Minolta Seimitsu Co., Ltd.* Miki Minolta Kogyo Co., Ltd.* Fujikasei Co., Ltd.* MYG Disk Corporation* U.S.A. Minolta Advance Technology Inc.* FRANCE Minolta Lorraine S.A.* MALAYSIA Minolta Malaysia Sdn. Bhd.* Minolta Precision Engineering (M) Sdn. Bhd.* CHINA (HONG KONG) Minolta Industries (HK) Limited*
MANUFACTURING & SALES
A Message from the President What is Minolta?
BRAZIL Minolta Copiadora do Amazonas Ltda.* CHINA Shanghai Minolta Optical Products Co., Ltd.* Wuhan Minolta Office Automation Equipments Co., Ltd.*

R&D

JAPAN Minolta Software Laboratory Co., Ltd. U.S.A. Minolta Systems Laboratory Inc.
JAPAN Tokyo Minolta Camera Service Co., Ltd. Minolta Hoken Daiko Co., Ltd. Minolta Digital Solution Co., Ltd.* Dynax Trading Co., Ltd. Minolta Logistics Co., Ltd. Minolta Quality Service Co., Ltd. Minolta Techno System Co., Ltd.* U.S.A. Minolta Investments Company* THE NETHERLANDS Minolta Europe Finance B.V.*

*Consolidated Subsidiary

Board of Directors / Corporate Data Corporate Directory
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