News Release

Antimonopoly Act Cease and Desist order and Surcharge Payment order in connection with the sales of marine hose

Tokyo (February 22, 2008) - Bridgestone Corporation (President: Shoshi Arakawa) announced today that on February 21, 2008, the Company received orders from the Fair Trade Commission in Japan in connection with the sales of marine hose from December, 1999 to May, 2007. The orders direct the company to cease and desist from violating of the Antimonopoly Act and to pay surcharges for violating the Act.

We take these orders seriously. We will re-double our efforts to achieve and sustain compliance with all laws to meet our legal and moral requirements so as to recover the confidence of all stakeholders.

We will review the content of these orders and will determine how best to proceed.