May 13, 2005

Revision of Dividend Forecast for Fiscal Year ending March 31, 2005

Please be informed that Nippon Suisan Kaisha, Ltd. ("Nissui") resolved at the meeting of the Board of Directors held on May 13, 2005 to revise its dividend forecast for the fiscal year ending March 31, 2005 as follows:

1. Reasons for Revision of Dividend Forecast
Nissui has decided to pay dividends for the fiscal year to its shareholders in accordance with its consolidated business performance, and plans to propose, at the Company's General Shareholders' Meeting for the 90th Fiscal Year scheduled on June 29, 2005, appropriation of earnings which involves an increase in dividends to 3.50 yen per share (1 yen more than the previous forecast) due to the good business performance of Nissui group.

2. Description of Revision

	Interim Dividend	Year-end Dividend	Annual Dividend
Previous Forecast (Announced on February 7, 2005)	2.50 yen	2.50 yen	5.00 yen
Revised Forecast	2.50 yen	3.50 yen	6.00 yen
(Reference) Actual dividend per share paid in fiscal year ending March 31, 2004	2.50 yen	2.50 yen	5.00 yen