Environmental Activities Environmental Accounting Cost/Benefit Trends GLYPH<H18567> Achieving ISO14001 certification ahead of target We are actively working to attain ISO14001 environmental management certification for our domestic plants and major offices by the end of fiscal 2000. In March 2000 we received ISO14001 certification for our Kawasaki research and manufacturing facilities one year ahead of schedule. GLYPH<H18567> International recognition for environmental excellence Fujitsu continues to earn high environmental ratings from such leading international organizations as Dow Jones, oekom research AG, Zürcher Kantonalbank and Business in the Community. Among the commonly cited factors behind these rankings are the farsightedness and rapid response of our environmental activities. Specifically, we have been praised for our recycling system _ an integrated system that spans collection to processing _ and for our system of environmental accounting, which clearly identifies costs and benefits. GLYPH<H18567> Establishing Corporate Environmental Affairs Group In April 2000 we established the Corporate Environmental Affairs Group with the intention of stepping up company- wide environmental activities and promoting full-fledged participation in environment-related businesses.  GLYPH<H18567> Ongoing reforestation efforts overseas Since the very beginning of the company, management has sought to promote greenery around Fujitsu’s plants as a way to encourage harmony with nature. Reflecting this philosophy, in August 1999 we planted 250,000 mangrove seedlings in Vietnam that were purchased using company and employee contributions. We plan to plant an additional 250,000 seedlings in fiscal 2000. Separately, in September 1999, we received an award for our tree-planting activities in Thailand since 1998.  This achievement was especially noteworthy given the scale of the Kawasaki complex, which employs some 14,000 people. The Fujitsu Group has been actively addressing global environmental issues according to the principles set forth in our “Commitment to the Environment,” a statement of basic principles and conduct guidelines announced in 1992 and based on the fundamental philosophy of fully leveraging our resources as a technology creator to help harmonize human activity with the earth’s environment. This section highlights our environmental activities during fiscal 1999. Leveraging Our Practical Expertise to Provide Environmental Management Solutions Fujitsu has received independent certification of its environmental accountlng from the Ota Showa Environmental Management and Quality Research Institute. Results ofthe Procedures Performed AAs a result of the procedures Which we performed, we are not aware of any material modifications which should be made to the  "Environmental Cost and Elec information included in the Companys 2000 annual report in order for it to comply ‘with Fujitse Limited's “Guidelines for Environmental Accounting” for gathering and reporting suc informa, Yasuo Kurihara Y. Kurckare Representative Director (Ota Showa Environmental Management and Quality Research Institute Independent Review Report on “Environmental Accounting Performance” for the 2000 Annual Report (Year Ended March 31, 2000) of Fujitsu Limited June 29.2000 Mr. Naoyuki Akikusa President and Representative Director Fujitsu Limited 1. Purpose and Scope of our Review We have reviewed the “Environmental Cost and Effet” information for the 2000 annual report of Fujitsu Limited (“Fujtsu” or the “Company”) and its principal subsidiaries, prepared and furnished to us by the Company who are responsible for its ‘contents, The review consisted of performing certain procedures as described below in relation 10 the collection, compilation and calculation ofthe information included in the “Environmental Cot and ErTee” information, Our work does not constitute an audit or examination. We therefore do not express an ‘pinion on the accuracy or completeness of the information or data bases used to compile the information oof the representations made by the Company inthe annual por Procedures Performed With the Company’s consent, we conducted our review as follows (1) We reviewed the procedures performed by the Company and the methods of sceounting followed in the preparation of the “Envigonmental Cost and Effet” information 2) We compared the information presented in the “Environmental Cost and Eset” information with the respective supporting documents and verified the accuracy of the calculations (9) When deemed necessary we visited the Company's factories and a subsidiary and ‘made inquires of the individuals responsible, conducted inspections of the sites and reviewed the decision-making process at each location, FY1997 Costs Benefits FY1998 Costs Benefits FY1999 Costs Benefits FY2000 Costs Benefits Fujitsu Major Subsidiaries (· Billion) (Estimated) 79 83 85 89 120 79 83 150 181 167 222 183 248 103 70 84 82 119 94 128 80 97 Note:Costs are based on the Environmental Protection Agency’s "Guidelines for Understanding and Publicizing  the Costs of Environmental Protection." "Benefits are determined according to Fujitsu’s "Guidelines for Environmental Accounting" GLYPH<H18567> Green products and environmental solutions Since pioneering environmentally friendly PCs in 1998, we have worked to steadily increase our “green product” offerings. As of the end of fiscal 1999, we had 141 different green products on the market. In the future, in addition to consumer products, we will endeavor to promote environmental friendliness among all our products, including core operations products such as large-scale computers and telecommunications equipment. In August 1999 we launched the Japanese industry’s first comprehensive environmental management solution, called @EcoVision. Making use of the Fujitsu Group’s own practical environmental expertise and utilizing the most advanced Internet and other information technologies, @EcoVision supports customers’ environmental management initiatives, thereby helping to foster the development of an environmentally sustainable society.  14