FOR IMMEDIATE RELEASE July 13, 2006 ADVANTEST CORPORATION (Toshio Maruyama, President and CEO) (Stock Code Number: 6857, TSE first section) (Ticker Symbol: ATE, NYSE) CONTACT: Yuri Morita (Managing Executive Officer and Senior Vice President, Corporate Affairs Group) Phone: +81-(0)3-3214-7500 Advantest Issues Stock Option (Stock Acquisition Rights) to Directors and Corporate Auditors Tokyo -July 13, 2006 - Advantest Corporation (the "Company") resolved at a meeting of its Board of Directors on June 27, 2006 to issue stock options in the form of stock acquisition rights. The specific terms and conditions of the issuance of stock options in the form of stock acquisition rights that were not determined at the meeting of its Board of Directors on June 27, 2006 have been determined as set forth below. 1. Date of allocation July 12, 2006 2. Issuance price 246,466 Yen per unit 3. Total subscription price to be paid upon 1,176,000 Yen per unit (11,760 exercise of each stock acquisition right Yen per share) 4. The total value of all shares (newly 2,116,800,000 Yen issued shares or treasury shares) issued or delivered upon the exercise of stock acquisition rights 5. Matters concerning the amount of capital (a) The amount of capital and the additional paid-in capital increased by the issue of increased by the issuance of shares upon the shares upon exercise of the exercise of the stock acquisition rights stock acquisition rights is 5,880 Yen per share. (b) The amount of additional paid-in capital increased by the issue of the shares upon exercise of the stock acquisition rights is 5,880 Yen per share. 1 For Reference (1) The date of the meeting of the Board of Directors May 26, 2006 setting the date for the annual general meeting of shareholders (2) Date of the resolution made pursuant to the annual June 27, 2006 general meeting of shareholders 2