| Manufacturer | Olympus |
| Name | Mju Digital 500 |
| Image sensor | 1/2.5 inch CCD with 5.4 million pixels (5.0 effective) |
| Max output resolution | 2,560 x 1,920 |
| Other resolutions | 2,048 x 1,536, 1,600 x 1,200, 1,280 x 960, 1,024 x 768, 640 x 480 |
| Zoom | 3x (optical), 4X (digital) |
| Optical focal length (35mm) | 5.8 – 17.4mm (35-105mm, 35mm equivalent) |
| Maximum lens aperture | f3.1 |
| Shutter speeds | 1/2 - 1/1000th second (up to 4 sec in Night Scene mode) |
| ISO rating | Auto/64/100/200/400 (and 640 in Auto mode) |
| LCD screen | 2.5" HyperCrystal LCD, 215,000 pixels |
| Optical viewfinder | No |
| Flash range | 0.2 – 2.0m (tele ) / 3.6m (wide) |
| Flash modes | Auto, red-eye reduction, fill-in, off |
| Exposure control | Programme AE, 20 scene modes |
| Exposure metering | Digital ESP, Spot |
| Exposure Compensation | +/-2EV, 0.3EV steps |
| White balance modes | Auto, Tungsten, overcast, sunlight, fluorescent light 1,2,3 |
| Auto-Focus | TTL contrast detection |
| Manual focus | No |
| Macro focus distance | 7cm |
| Recording Modes | Single, Continuous 1.5 frames per second for up to 4 images in HQ mode (However see review) |
| Image formats | JPEG (DCF: “Design rule for Camera File system”), Exif 2.2, DPS, Print Image Matching II, DPOF. |
| Compression | SHQ, HQ, SQ1, SQ2 |
| Picture Adjustments | None |
| Video (max res/format) | 320 x 240, 15fps, QuickTime Motion JPEG with sound. |
| Movie Length | Up to card capacity |
| Self-timer | 10 seconds |
| Memory card slot | xD-Picture |
| Supplied Memory | 32MB |
| Batteries supplied | Olympus LI-12B rechargeable |
| Recharger supplied | Yes |
| A/V output | PAL and NTSC |
| Ports | Combined AV/USB 1.1, DC power input |
| Accessories | AV/USB cables, wrist strap, software |
| Dimensions (W x H x D) | 99 x 56 x 31mm |
| Weight (Body Only) | 165g. |
| Software | OLYMPUS Master 1.1 |
| Warranty | Two years Europe, One year World Wide (return to dealer or Olympus Service Station) |