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News Release

Notice regarding partial early redemption of the Convertible Bonds due 2011

Tokyo - November 10, 2010 – Ricoh Company, Ltd.(TSE: 7752, “RICOH”)(President & CEO: Shiro Kondo) hereby notifies you of partial early redemption of the Zero Coupon Convertible Bonds due 2011 (the “Bonds”) before maturity as outlined below.

Convertible Bonds Details

1. Date of early redemption: December 7,2010
2. Reason: The holders of the Bonds have exercised the Put Option granted in clause 7.5 of the Terms and Conditions of the Bonds
3. Content
(1) Principal amount of Bonds outstanding before redemption: JPY 55,000,000,000
(2) Total amount of early redemption: JPY 52,780,000,000
(3) Principal amount of the Bonds outstanding after redemption: JPY 2,220,000,000

(1) Date of issuance: December 7,2006
(2) Total amount of issue: JPY 55,000,000,000
(3) Maturity date: December 7,2011
(4) Coupon: Zero
(5) Conversion price: JPY 2,800 per share

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About Ricoh

Ricoh is a global technology company specializing in office imaging equipment, production print solutions, document management systems and IT services. Headquartered in Tokyo, Ricoh Group operates in about 200 countries and regions. In the financial year ending March 2014, Ricoh Group had worldwide sales of 2,195 billion yen based on the IFRS accounting standard (approx. 21.3 billion USD).
The majority of the company's revenue comes from products, solutions and services that improve the interaction between people and information. Ricoh also produces award-winning digital cameras and specialized industrial products. It is known for the quality of its technology, the exceptional standard of its customer service and sustainability initiatives.
Under its corporate tagline, imagine. change. Ricoh helps companies transform the way they work and harness the collective imagination of their employees.
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