Toppan Photomasks Names David Murray as President and CEO; Executive Appointments Designed to Leverage Unique Global and Technology Leadership Positions.

ROUND ROCK, Texas -- Toppan Photomasks, Inc. announced today that company veteran David S. Murray has been named president and CEO, effective June 1, 2006. Murray succeeds Marshall C. Turner, who, during the past three years, returned the organization to profitability and growth and guided the company through its successful merger with Toppan Printing Co., Ltd. Murray also will assume Turner's seat on Toppan Photomasks' board of directors.

Murray, 47, most recently served as executive vice president of worldwide operations. He has held a series of executive-level roles, including operations, engineering, quality, supply-chain management, materials and asset management throughout his nearly 20 years with the company.

"I am convinced that Dave's vision, leadership and intimate knowledge of the company and our markets are the perfect blend to leverage the unique technology and global footprint that we have engineered together with Toppan," said Turner, 64, who stepped into active leadership from the board of directors in 2003, and now plans to return to his venture investment business in San Francisco. "During our first year as part of the Toppan group, significant progress and strength at our operations around the world have been recognized through numerous customer awards and additional technology development partnerships with leading chipmakers. I am proud of our accomplishments and believe now is the ideal time for Dave to lead the team into the company's next era of growth and success."

"Marshall has demonstrated how remarkable leadership can transform a company. I am honored to have learned from the best," Murray said. "Through the hard work of our employees around the globe, we are realizing the potential we imagined with the combination of Toppan's photomask businesses. Looking forward, I'm excited to have the opportunity to lead this incredibly talented group of people. Together with Toppan, we will build on our position as the world's largest and premier photomask company."

In addition, Toppan Photomasks has named Katsuhiro Kinemura, executive vice president of worldwide operations to fill Murray's vacant position. Michael G. Hadsell, currently vice president and general manager of the Asia-Pacific region, will be promoted to the newly created position of executive vice president of worldwide sales.

Kinemura, 51, currently a senior general manager at Toppan Printing, comes to his new position with 16 years of experience with Toppan's photomask businesses, including four years as president of Toppan Chungwa Electronics, a photomask joint venture company in Taiwan. Throughout his 28-year career with Toppan, he has held executive-level jobs in engineering, research and development and operations in micro-electronics businesses.

Hadsell, 45, will have responsibility for all of Toppan Photomasks' sales efforts around the world. He has nearly 20-years experience with DuPont Photomasks and Toppan Photomasks, and also has spent the last seven years in operations and sales assignments in Asia Pacific. He led the construction and start-up of the company's Singapore facility and most recently had full business responsibility for the Asia-Pacific area.

"The ability to draw upon the proven functional and international leadership experience of these executives will help the company greatly as we pursue our aggressive growth strategy and full globalization of the Toppan group," Murray added. "I'm pleased to announce the new appointments from within our deep and talented management team."

About Toppan Printing

Founded in 1900, Toppan Printing has branched into seven diverse business fields, including security cards, commercial printing, publications printing, packaging, industrial materials, electronics and optronics. In the fiscal year ended March 31, 2006, Toppan posted revenues of 1,548.2 Yen billion (approximately US$ 13.2 billion) and ended the year with approximately 35,954 employees. For more information visit www.toppan.co.jp.

About Toppan Photomasks

Toppan Photomasks, Inc. is a wholly owned subsidiary of Toppan Printing Co., Ltd. a diversified global company with revenue in excess of $13 billion in fiscal 2006. Together with the photomasks business of Toppan Printing, the company forms the world's premier photomask provider. Utilizing operations within the industry's most advanced and largest network of manufacturing facilities, Toppan Photomasks offers a comprehensive range of photomask technologies and research and development capabilities to meet the increasingly sophisticated and divergent product-and-service requirements of the global semiconductor industry. Toppan Photomasks is headquartered in Round Rock, Texas. For more information visit www.photomask.com.