Trend Micro changes ADR Program Ratio

Tokyo, Japan - June 25, 2001 - Trend Micro Inc. (TSE: 4704; Nasdaq:TMIC), a worldwide leader in network antivirus and Internet content security solutions, announced today a ratio change of its American Depositary Receipt (ADR) program. The ratio will be changed from one share of Trend Micro's underlying Common Stock per ten American Depositary Shares (ADSs) , to one share of Common Stock per one ADS. As a result, one ADS, which currently represents one tenth share of Common Stock in Trend Micro, will represent one share of Common Stock.

The ratio change will be handled by Trend Micro's depositary, The Bank of New York, and will take effect on July 2, 2001, on which date ADRs will begin to trade at the new ratio on the Nasdaq National Market.

Summary of the ratio change

  1. Old ADR Ratio ( applied until June 29, 2001 )
    1 ADR = 0.1 share of common stock
  2. New ADR ratio ( applied after July 2, 2001 )
    1 ADR = 1 share of common stock
  3. Record date
    June 29, 2001 ( the last date of trading at the old ratio and date on which ADR holders will be identified in order to exchange old ADRs for new ADRs.)
  4. Effective date
    July 2, 2001 ( the first date of trading at the new ratio )

Finance FAQs

More Information Regarding ADRs

Mr. Shunsuke Sumikawa
Account Officer
The Bank of New York
Phone: (212) 815-2042
Fax: (212) 571-3050

About Trend Micro

Trend Micro Incorporated (TSE: 4704), a global cloud security leader, creates a world safe for exchanging digital information with its Internet content security and threat management solutions for businesses and consumers. A pioneer in server security with over 20 years' experience, we deliver top-ranked client, server and cloud-based security that fits our customers' and partners' needs, stops new threats faster, and protects data in physical, virtualized and cloud environments. Powered by the Trend Micro™ Smart Protection Network™ cloud security infrastructure, our industry-leading cloud-computing security technology, products and services stop threats where they emerge, on the Internet, and are supported by 1,000+ threat intelligence experts around the globe.

Additional information about Trend Micro Incorporated and the products and services are available at Trend This Trend Micro news release and other announcements are available at and as part of an RSS feed at Or follow our news on Twitter at @TrendMicro.