Tokai Carbon Co., Ltd. announces that it has repurchased its own shares at the market, pursuant to the provision of Article 211-3, Paragraph 1, Item 2 of the Commercial Code of Japan.
With this transaction, the Company has reached the repurchase limit resolved at the Board of Directors meeting held on November 5, 2004.

1. Period in which repurchases were made From November 8 to November 30, 2004 2. Total number of shares repurchased 2,500,000 shares 3. Total value of shares repurchased 915,922,000 yen 4. Method of repurchase Purchased at Tokyo Stock Exchange (Reference)   Details of the resolution at the Board of Directors meeting held on November 5, 2004 (1) Type of shares Common stock (2) Aggregate number of repurchaseable shares Up to 2.5 million shares (3) Aggregate repurchase amount Up to 1 billion yen (4) Schedule to repurchase From November 8 to December 17, 2004