TOKYO, May 21, 2002 - CSK Corporation (TSE code: 9737) today announced that it will defer payment of its interim dividend planned for the fiscal year ending March 31, 2003. The Company intends to combine the deferred payment with its final dividend payment* of that fiscal year, for a total payment of 12 yen.

The decision to defer payment was reached at a May 21, 2002 meeting of the CSK Board of Directors at which a share repurchase plan was also proposed. If this plan is approved at the Company's general shareholders' meeting to be held on June 27, 2002, CSK would be required to defer payment of its interim dividend, as stipulated by Article 293-5 of the Japanese Commercial Code.

CSK's share repurchase plan is intended to strengthen the Company's capital management.

* The annual dividend amount remains unchanged.

Planned dividend payments for the fiscal year ending March 31, 2003

	FY ending March 31, 2003	FY ended March 31, 2002
Interim payment per share	-	6 yen
Final payment per share	12 yen	6 yen
Annual dividends per share	12 yen	12 yen