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Kawasaki heavy inds (7012)

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Thursday 15 March, 2007

Kawasaki heavy inds

Notice Concerning Revision of the Outlook for C...

Notice  Concerning  Revision of the Outlook for Cash Dividend  for  Fiscal  Year
Ending March 31, 2007

Kawasaki Heavy Industries, Ltd.(KHI) today has announced revision of the outlook
for cash dividend for fiscal year ending March 31, 2007 as follows.

KHI's basic dividend policy is to pay dividends appropriate to earnings
performance, while giving careful attention to increasing retained earnings to
strengthen and expand its business foundations for future growth.
As for the outlook for performance for fiscal year ending March 31, 2007, net
sales and net income are expected to rise from the previous fiscal year as
forecasted.
In  view  of this basic dividend policy and after overall consideration  of  the
outlook  for  performance  and other factors, KHI intends  to  increase  a  cash
dividend  by  JPY1.00 from JPY4.00 to JPY5.00 per share for  its  year-end  cash
dividend for fiscal year ending March 31, 2007.
This  cash  dividend payment is to be proposed to the Annual General Meeting  of
Shareholders that will be held in late June 2007.

-----------------------------------------------------
Previous forecast                           JPY4.00
-----------------------------------------------------
Revised forecast announced today            JPY5.00
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Previous fiscal year (for reference only)   JPY3.00
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