Tokyo Electron Limited announced today that at the meeting of the Board of Directors held on October 31, 2008, it passed a resolution to pay interim dividends to shareholders of record as of September 30, 2008, and revise dividend forecasts for the current fiscal year ending March 2009, which were announced on August 8, 2008, as follows:

1. Details of interim dividends

	Amount	Most recent dividend forecast (August 8, 2008)	Dividend paid in previous fiscal year (interim period for March 2008)
Shareholder registration date	September 30, 2008	Same as left	September 30, 2007
Dividend per share	20 yen	19 yen	70 yen
Total dividends paid	3,578 million yen	-	12,524 million yen
Date dividends start to be paid	December 1, 2008	-	December 7, 2007
Source of funds to pay dividends	Retained earnings	-	Retained earnings

2. Revision of dividend forecasts

	Dividend per share
Shareholder registration date	Interim	Year-end	Annual
Previous forecasts(August 8,2008）	19 yen	21 yen	40 yen
Forecasts revised today	-	4 yen	24 yen
Actual	20 yen	-	-
Dividend paid in previous fiscal year	70 yen	55 yen	125 yen

3. Reason
 The Company’s dividend policy is to link dividend payments to business performance and revenue on an ongoing basis, and its basic policy for returning earnings to shareholders is to maintain a payout ratio for a given year of around 20% based on consolidated net income for the year. As shown by consolidated financial results for the first half of the current fiscal year, which were announced today, profits for the first half are larger than projected on August 8, 2008, and therefore, the Company will apply its dividend policy to increase the amount of interim dividends it pays. For year-end dividend forecasts, the Company is expected to go into the red during the second half of the current fiscal year based on today’s “Announcement on Financial Forecast Revision,” and therefore, to meet the expectations of shareholders, the dividend of 4 yen per share will be paid. The annual dividend amount is projected to be 24 yen per share, and the annual payout ratio is expected to be 53.7%.