FOR IMMEDIATE RELEASE

May 6, 2002 ¾  Omaha, Nebraska (BRK.A, BRK.B). The 2002 Berkshire Hathaway Inc. Annual Shareholders Meeting was held in Omaha, Nebraska on Saturday May 4, 2002. During the meeting, Berkshire Hathaway Inc.’s chairman, Warren E. Buffett, provided the shareholders with certain financial information with respect to Berkshire Hathaway Inc.’s insurance operations. The attached financial and operational data* was provided to the shareholders at the meeting.

Berkshire Hathaway Inc.’s first quarter interim shareholders report is scheduled to be posted to the Internet after the market closes on Friday May 10, 2002 where it can be accessed via www. berkshirehathaway.com.

Berkshire Hathaway Inc. is a holding company owning subsidiaries engaged in a number of diverse business activities. The most important of these is the property and casualty insurance business conducted on both a direct and reinsurance basis through a number of subsidiaries.

Cautionary notice: Certain statements and financial data contained in this press release are "forward looking" statements within the meaning of the Private Securities Litigation Act of 1995. These statements are not guarantees of future performance and actual results may differ materially from those forecasted. In particular, the projected annual amortization of deferred charges is based upon estimates of the ultimate amount of retroactive reinsurance liabilities and estimated loss payment rates as of March 31, 2002.

* The attached information is an Adobe Acrobat file. If you do not have Adobe Acrobat on your computer, use the link to go to Adobe's web site for a free download.     Adobe