RNS Number:4773D
Pioneer Corporation
07 September 2007



                                                           For Immediate Release

                                                               September 7, 2007

             Pioneer Announces Interim Dividend for Fiscal 2008

TOKYO - Pioneer Corporation today announced an interim cash dividend of
Y5.0 per share of common stock for fiscal 2008, ending March 31, 2008, the same
amount as the previous fiscal year. The interim dividend will be paid to
shareholders registered as of September 30, 2007 (JST), subject to a Board of
Directors resolution at a meeting to be held in late October 2007. The payment
date in Japan has been set for December 4, 2007.



Pioneer positions its dividend policy as one of the highest management
priorities. On the basis of maintaining stable dividends, the Company sets
dividend payments appropriately in light of its financial position, consolidated
business results, and other factors.





(Dividends per Share of Common Stock)
                                                 Fiscal 2008        Fiscal 2007
Interim dividend***************                         Y5.0               Y5.0

Year-end dividend**************                            *               Y5.0

Total annual dividend**********                            *              Y10.0

* The amount of the year-end dividend for fiscal 2008 is yet to be determined.





Cautionary Statement with Respect to Forward-Looking Statements

Statements made in this release with respect to our current plans, estimates,
strategies and beliefs, and other statements that are not historical facts are
forward-looking statements about our future performance. These statements are
based on management's assumptions and beliefs in light of the
information currently available to it. We caution that a number of important
risks and uncertainties could cause actual results to differ materially from
those discussed in the forward-looking statements, and therefore you should not
place undue reliance on them. It is not our obligation to update or revise any
forward-looking statements, whether as a result of new information, future
events or otherwise. We disclaim any such obligation. Risks and uncertainties
that might affect us include, but are not limited to, (i) general economic
conditions in our markets, particularly levels of consumer spending; (ii)
exchange rates, particularly between the yen and the U.S. dollar, euro, and
other currencies in which we make significant sales or in which our assets and
liabilities are denominated; (iii) our ability to continue to design and develop
and win acceptance of our products and services, which are offered in highly
competitive markets characterized by continual new product introductions, rapid
developments in technology, severe price competition and subjective and changing
consumer preferences; (iv) our ability to successfully implement our business
strategies; (v) our ability to compete, as well as develop and implement
successful sales and distribution strategies, in light of technological
developments in and affecting our businesses; (vi) our continued ability to
devote sufficient resources to research and development, and capital
expenditure; (vii) our ability to continuously enhance our brand image; (viii)
the success of our joint ventures and alliances; (ix) the success of our
business restructuring plans; and (x) the outcome of contingencies.



Pioneer Corporation is a leading global manufacturer of consumer- and
business-use electronics products such as audio, video and car electronics. Its
shares are listed on the Tokyo Stock Exchange.



                   #       #       #       #       #       #



For further information, please contact:

Hideki Okayasu

Managing Director, and General Manager of Finance and Accounting Division

Pioneer Corporation, Tokyo

Phone: +81-3-3494-1111 / Fax: +81-3-3495-4431

E-mail: pioneer_shr@post.pioneer.co.jp

IR Website: http://pioneer.jp/ir-e/


                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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