Article: Shin-Etsu Chemical Co., Ltd. Announces Results of Tender Offer.

TOKYO -- Shin-Etsu Chemical Co., Ltd. (the Company) has resolved at the meeting of the board of directors dated December 12, 2005 to acquire the shares of MIMASU SEMICONDUCTOR INDUSTRY CO., LTD. (the Target) by way of tender offer (the Tender Offer) and launched the Tender Offer on December 13, 2005. The Tender Offer expired on February 1, 2006, the results of which are as follows:

 
1. OUTLINE OF THE TENDER OFFER (ANNOUNCED ON DECEMBER 12, 2005, 
WITH AMENDMENTS TO THE CONDITIONS AS ANNOUNCED ON JANUARY 17, 2006) 
 
1.1   Trade name of the Target 
 
  MIMASU SEMICONDUCTOR INDUSTRY CO., LTD. 
 
1.2   Class of Shares of the Target acquired by the Tender Offer 
 
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