This is to announce the results of the Tender Offer for acquisition of own shares in accordance with the Clause 210-1 of the Commercial Code as follows:

Outline of the Tender Offer

1. Name and address of the Company who made the tender offer:
   MABUCHI MOTOR CO., LTD. 430 Matsuhidai, Matsudo-shi, Chiba-ken, Japan
2. Type of shares to be acquired: Common stock
3. Tender offer period: From May 16, 2003 to June 5, 2003
4. Price to be paid: JPY 8,250 per share

Results of the Tender Offer

As the total number of shares tendered by applicant shareholders did not exceed the number of the shares to be purchased (2,000,000 shares) under the Tender Offer, the shares tendered were fully purchased.

Payment for shares purchased

1. Name and address the Agent for payment:
   The Nomura Securities Co.,Ltd.("Nomura") 9-1, Nihonbashi 1 Cho-me, Chuo-ku, Japan
2. Starting date of payment: June 12, 2003
3. Method of payment:
   Notice of purchase in writing shall be sent to the address of applicant shareholders (or regular agents in case of foreign shareholders) immediately after the end of the tender offer period. Payment for the purchase shall be made by cash. Nomura shall remit or pay the amount of purchase price after deducting withholding tax, to the accounts designated by the respective shareholders or at the head office of Nomura or its branches located in Japan, immediately from the starting date of payment.

The places where investors can see the Tender Offer Report

MABUCH MOTOR CO.,LTD. 430 Matsuhidai, Matsudo-shi, Chiba-ken, Japan
Tokyo Stock Exchange, Inc. 2-1. Nihonbashi-Kabuto-cho, Chuo-ku, Tokyo, Japan