Hitachi Posts Revised Forecast

TOKYO -- Hitachi, Ltd. (NYSE:HIT - News; TOKYO:6501 - News) today announced that the forecast of unconsolidated business results for the fiscal year ending March 31, 2007, has been revised, and the year-end dividend has been set, at a meeting of the Board of Directors held today.

Following a statutory audit of the financial statements for the term, the year-end dividend is scheduled to be finally authorized at a meeting of the Board of Directors to be held in mid-May 2007.

There is no change to the forecast of consolidated business results announced on October 31, 2006, on the occasion of the release of the business results for the first half of fiscal 2006, ended September 30, 2006.

Hitachi Ltd.