OKI Releases Social Responsibility Report 2007

TOKYO--(Business Wire)--Oki Electric Industry Co., Ltd. (TOKYO:6703) today announced it
has released its Social Responsibility Report 2007. The report, posted
on OKI's website (http://www.oki.com/en/csr/report/2007), includes OKI
Group's fundamental philosophy on CSR (corporate social
responsibility) and describes the CSR activities OKI engaged in during
the fiscal year ending March 2007.

"I am pleased to release our third Social Responsibility Report,
to widely disclose our CSR activities and gain trust and understanding
from our stakeholders," said Keiichi Fukumura, Senior Vice President
at Oki Electric Industry, who oversees the CSR Promotion Division. "In
October 2005, we established 'The OKI Group Charter of Corporate
Conduct' for the betterment of corporate value, and put together our
first Social Responsibility Report. We have structured this third
report into six activity domains, on which we focus. We made efforts
to enable readers to easily understand our activities by updating
OKI's achievements and including comments from employees around the
world."

Following are the highlights from the Social Responsibility Report
2007:

Special Features: Meeting Our CSR Commitment

OKI introduces the following four activities from last fiscal
year's activities:

- Creating solutions that bring about the development of an
"e-Society", that is full of Ubiquitous Services

- Promoting locally rooted CSR activities in China as a member of
the community

- Ongoing support for blood donation programs -- a distinctively
OKI social contribution activity

- Becoming the world's first mass producer of devices using
thin-film bonding technology for dissimilar materials

-- Status of activities in areas of focus

In this report, OKI explains its activities and achievements in
the following six areas of focus: promotion of compliance with laws
and regulations; improvement of customer satisfaction; good
communication with shareholders and investors; respect for employees;
consideration for the environment; and social contribution. Based on
the achievements, it comments on areas of focus for the fiscal year
ending March 2008 to enable readers to understand OKI's overall
direction in CSR through detailed examples.

For the environmental conservation section, which is one of the
six themes, this report outlines the activities OKI has undertaken
since the company released the OKI Environment Report 2007 in
September.

About Oki Electric Industry Co., Ltd.

Founded in 1881, Oki Electric Industry Co., Ltd. is Japan's first
telecommunications manufacturer, with its headquarters in Tokyo,
Japan. OKI provides top-quality products, technologies and solutions
to its customers through its info-telecom system business,
semiconductor business and printer business. All three businesses
function as a collective force to create exciting new products and
technologies that satisfy a spectrum of customer needs in various
markets. Visit OKI's global web site at http://www.oki.com/.

Notes:

-- Names of companies and products are trademarks or registered
trademarks of the respective companies and organizations.

Oki Electric Industry Co., Ltd.
For Europe and Americas:
Naomi Takeuchi, +1-408-737-6279
Public Relations Division
press@oki.com
For Asia and Other Areas:
Akiko Horiguchi, +81-3-3580-8950
Public Relations Division
press@oki.com

Copyright Business Wire 2007