Announcement of Share repurchase
(Share repurchases in accordance with the article 165 section 2 of the Company Law of Japan)

Mabuchi Motor Co., Ltd. hereby announces that the board of directors held on November 6, 2008 passed a resolution repurchasing its shares in accordance with the article 165 section 2 of the Company Law of Japan.

The outline of repurchase

1. Purpose of repurchase
   To improve the return to shareholders and capital efficiency as well as to implement the agile capital policy to respond to changes in the business environment.
2. Shares to be repurchased
   1. Classes of Shares : Common Share of Mabuchi Motor Co., Ltd.
   2. Total number of shares to be repurchased : 2 million shares (Maximum)
      (The ratio to the total number of shares issued excluding repurchased shares : 5.40%)
   3. Total amounts of acquisition cost of shares : 10 billion yen (Maximum)
   4. Method of repurchase : Repurchase in the open market through a trust agency
   5. Schedule of repurchase : From November 7, 2008 to December 19, 2008
3. Future plan
   All shares repurchased by the resolution this time are planned to be amortized.

Reference : Repurchased shares as of October 31, 2008

• Total number of shares issued excluding repurchased shares : 37,040,670 shares
• Repurchased shares (treasury share) : 8,835,211 shares