BERKSHIRE HATHAWAY INC.

PRESS RELEASE

August 5, 1997

FOR IMMEDIATE RELEASE

Berkshire Hathaway Inc.'s Board of Directors has voted to increase the number of directors comprising the entire Board of Berkshire Hathaway Inc. from six to seven. Ronald L. Olson has been elected to serve as a director to fill the resulting vacancy on the Board of Directors. Mr. Olson is a partner with Munger, Tolles & Olson, a law firm based in Los Angeles, California.

In commenting on Mr. Olson's election, Warren E. Buffett, Chairman of the Board of Directors, commented, "Ron is a man of judgement and integrity. He has been enormously helpful to Berkshire for many years and I'm delighted he has agreed to join our Board".

Common stock of the Company is listed on the New York Stock Exchange, trading symbols BRK.A and BRK.B.

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Contact: Marc D. Hamburg

(402) 346-1400