[Translation]

                                                                October 8, 2003

                                 Any inquiry relating hereto should be made to:

                                                                     Mr. Kogure

                                                 Corporate Communications Dept.

                                                        Tel No.: (03) 5201-7102

                           Dissolution of Subsidiary                           

TDK Corporation (the "Company") announces that at the meeting of the Board of
Directors held on September 24, 2003, it was resolved that Toso TDK Corporation
("Toso"), the Company's consolidated subsidiary, will be dissolved as follows:

                                  Particulars                                  

About Toso TDK Corporation:

Reason for dissolution:

Manufacturing bases for mass-produced products have been already shifted to
overseas in line with the fluctuations of the global demand trends. Certain
manufacturing facilities left in Toso will be transferred to Narita Plant,
enabling more efficient operation of manufacturing bases.

Outline of Toso TDK Corporation

(1) Headquarters:          Midori Daira 10, Yokaichiba-shi, Chiba Prefecture,  
                           Japan                                               

(2) Date of incorporation: September 11, 1984                                  

(3) Paid-in capital:       480 million yen                                     

(4) Representative:        Tadashi Fukuda                                      

(5) Principal business     Manufacture of high-frequency component (dielectric 
                           filters) and ferrite & magnet product (isolators for
                           mobiles)                                            

(6) Number of employees:   (As of March 31, 2003)                              

(7) Shareholding ratio:    100% owned by TDK Corporation                       

Schedule of dissolution:

October 31, 2003           Expiry of manufacture (transferred to Narita Plant) 

March 31, 2004             Dissolution and liquidation of Toso                 

Any impact arising from the expiry of manufacture and the dissolution as stated
above that might affect the consolidated and non-consolidated business results
of the Company is negligible.

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