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BERKSHIRE HATHAWAY INC.
                              NEWS RELEASE


FOR IMMEDIATE RELEASE                                                         March 6, 2003


Berkshire Hathaway Inc.’s 2002 Annual Report to the shareholders is scheduled to be posted on
the Internet on Saturday March 8, 2003, at approximately 9:00 a.m. eastern time where it can be
accessed on the Internet (berkshirehathaway.com). The Annual Report will include Warren E.
Buffett’s annual letter to shareholders and other information about Berkshire’s financial position
and results of operations.

The Annual Report is scheduled to be mailed to registered shareholders on or about March 21,
2002. Annual Reports are also scheduled to be shipped on or about that date to mailing agents of
the numerous banks, brokers, etc. who hold shares as nominees for beneficial-but-not-of-record
owners. However, Berkshire has no control over when such reports are subsequently mailed by
the mailing agents to beneficial shareholders.

Berkshire Hathaway and its subsidiaries engage in a number of diverse business activities among
which the most important is the property and casualty insurance business conducted on both a
direct and reinsurance basis. Common stock of the Company is listed on the New York Stock
Exchange, trading symbols BRK.A and BRK.B.



                                           — END —

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March 6, 2003 2002 Annual Report Release Information

  • 1. BERKSHIRE HATHAWAY INC. NEWS RELEASE FOR IMMEDIATE RELEASE March 6, 2003 Berkshire Hathaway Inc.’s 2002 Annual Report to the shareholders is scheduled to be posted on the Internet on Saturday March 8, 2003, at approximately 9:00 a.m. eastern time where it can be accessed on the Internet (berkshirehathaway.com). The Annual Report will include Warren E. Buffett’s annual letter to shareholders and other information about Berkshire’s financial position and results of operations. The Annual Report is scheduled to be mailed to registered shareholders on or about March 21, 2002. Annual Reports are also scheduled to be shipped on or about that date to mailing agents of the numerous banks, brokers, etc. who hold shares as nominees for beneficial-but-not-of-record owners. However, Berkshire has no control over when such reports are subsequently mailed by the mailing agents to beneficial shareholders. Berkshire Hathaway and its subsidiaries engage in a number of diverse business activities among which the most important is the property and casualty insurance business conducted on both a direct and reinsurance basis. Common stock of the Company is listed on the New York Stock Exchange, trading symbols BRK.A and BRK.B. — END —