June 14, 2004

Konica Minolta Holdings, Inc. (president: Fumio Iwai) announces its support of the Eurasian Continent crossing by the new model of airship "Zeppelin NT" named "YOKOSO! JAPAN", which Nippon Airship Corporation of Japan purchased from Zeppelin Luftschifftechnik GmbH & Co KG of Germany this year.

It is expected that this flight will remain in the history of aviation since this year marks the 75^th anniversary of the unforgettable around-the-world flight of "Graf Zeppelin" in 1929. In this memorable year, Konica Minolta supports the flight for about one month from the June 12th departure from Friedrichshafen, Germany, where the Zeppelin's head office is located, to Moscow, offering photographic equipment, films and other materials to the aerial photographer in the meantime.

The airship has been named "YOKOSO! JAPAN (Welcome to Japan!)" since this flight has received a strong support from the Ministry of Land, Infrastructure and Transport of Japan. In the course of its long journey, the airship will fly over many Eurasian countries to promote goodwill and friendship.

In addition to the support of the Ministry of Land, Infrastructure and Transport of Japan, Embassy of the Federal Republic of Germany in Japan and Embassy of France in Japan also support this total flight program, which aims to promote "Visit Japan campaign", EXPO 2005 Aichi, Japan, and at the same time, taking photos of the world heritage archives by UNESCO and the NHK (Japan Broadcasting Corporation).

Konica Minolta supports this Eurasian Continent crossing flight from the viewpoint of the mother earth protection, and the best opportunity to promote the global cultural exchange.

Konica Minolta will make every effort together with an owner of the airship -- Nippon Airship Corporation, and the supporting organizations -- the Ministry of Land, Infrastructure and Transport of Japan, Embassy of the Federal Republic of Germany in Japan and Embassy of France in Japan, to ensure that this flight symbolizes "the harmony of human technology and the nature, and infinite creativity".

MAIN SPECIFICATIONS OF THE ZEPPELIN NT

Length:	75.0m
Maximum width:	19.5m
Height:	17.4m
Envelope volume:	8,225m3
No. of seats:	2 + 12
Cabin length:	10.7m
Payload:	1900kg
Propulsion:	200Hp
Maximum level flight speed:	125km/h
Range:	900km
Ceiling:	2600m
Maximum endurance:	approx. 24 hrs.

For the details of the "YOKOSO! JAPAN" flight, please refer to the following "75^th Anniversary of Zeppelin" web site:http://www.hb-as.ch/ja101z/e/main_e.html

Cautionary Statement Regarding Forward-Looking Statements:

This press release includes forward-looking statements that reflect the plans and expectations of Konica Minolta Holdings, Inc. To the extent that statements in this press release do not relate to historical or current facts, they constitute forward-looking statements. The forward-looking statements are based on the current assumptions and beliefs of Konica Minolta Holdings, Inc. in light of the information available to it, and involve known and unknown risks and uncertainties. Potential risks and uncertainties include, but are not limited to, the ability of Konica Minolta Holdings, Inc. to integrate the operations of Konica Corporation and Minolta Co., Ltd. effectively, as well as the factors identified under "Forward-Looking Statements" of the Annual Report 2002 of Konica Corporation and "Disclaimer Regarding Forward-Looking Statements" of the Annual Report 2002 of Minolta Co., Ltd. Such risks, uncertainties and other factors may cause the actual results, performance or financial position of Konica Minolta Holdings, Inc. to differ materially from those expressed or implied in the forward-looking statements. Konica Minolta Holdings, Inc. undertakes no obligation to update publicly any forward-looking statements after the date of this press release.