Trend Micro Board Approves Cash Dividend in the end of fiscal year in December 2007

February 14, 2008

Trend Micro, Inc.
Eva Chen, Representative Director, President,
Chief Executive Officer
First Section of the Tokyo Stock Exchange
Code: 4704

Trend Micro announced that today Board of Directors approved retained earnings on the date of record as December 31, 2007. The effects of this cash dividends are subject to the approval at the 19th ordinary general meeting of shareholders on March 26, 2008.

1. Dividend of surplus

  Actual for FY2007 Projection for FY2008 Actual for FY2006
As of December 31, 2007 Same as left December 31, 2006
Cash dividends per share 111 yen - 84 yen
Aggregate amount of dividends(annual) 14,992 millions of yen - 11,158 millions of yen
Expected date of the delivery of dividends To be announced - March 28, 2007
Dividends resource Retained earnings - Retained earnings


2. Reason for an increase of cash dividends

We intend to continue to return profits to shareholders based on our net profits on a consolidated basis while striving to enhance financial strength and secure inner reserves in order to deal with the significantly changing business environment and maintain a competitive edge against competitors. So far, our basic policy on dividends has been set as 50% excluding the effect of stock option compensation expenses. We plan to pay a year-end dividend on the basis of a dividend ratio of 60% excluding the effect of stock option compensation expenses.

  Cash dividends per share (Japanese yen) FY2008 Actual for FY2006  
As of Semi-annual Year-end Annual Basic dividend policy
Year of 2007
(December 31,2007)
- 111 yen 111 yen Approximately 60%
Year of 2006
(December 31,2006)
- 84 yen 84 yen Approximately 50%
(December 31,2005 - 56 yen 56 yen Approximately 40%
Year of 2004
(December 31,2004
- 36 yen 36 yen Approximately 30%


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.

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