Sharp under Negotiation for Building LCM Facility in Poland

   
   Sharp Corporation has announced that it is negotiating with the
 government of the Republic of Poland to construct a manufacturing
facility for LCD modules in the city of Torun in Kujawsko-Pomorskie
Voivodship in the north-central part of that country. The objective
is to meet the needs of the LCD TV market in Europe which is
predicted to undergo extremely rapid growth in the near future.
   These plans were made disclosed at a meeting held at the office 
of the Prime Minister in the capital, Warsaw, on Thursday, April13.
At the conference, Prime Minister Kazimierz Marcinkiewicz and Under
Secretary of Economy Andrzej Kaczmarek represented the government 
of Poland, and President Katsuhiko Machida attended on behalf of Sharp.
   This facility will begin production of LCD modules in January 2007,
for large-screen LCD TVs to be manufactured at plants at Sharp
Electronica Espana S.A. (SEES) in Spain and Loewe Opta GmbH in Germany.
Unit production volumes will gradually be increased in the future to
meet the demands of the rapidly expanding European market for LCD TVs. 
   Initial investment is expected to be approximately 44 million Euros
(approximately 6 billion yen), with a workforce (at start-up) of around
800 employees.