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Press Release

Sony Bank Extends Campaign Period on Interest Rate Benefits for Yen Time Deposits

July 28, 2006

Sony Bank, a 88.0%-owned subsidiary of Sony Financial Holdings, today announced the extension of its current interest rate benefit campaign for yen time deposits until September 24, 2006. The campaign started from May 29, 2006, and was originally planned to run through July 30, 2006. Customers who start yen time deposits during the campaign period will enjoy, in addition to the standard interest rate, additional interest rate benefits according to the term of their yen time deposits, as follows.

Term of Time Deposits Interest Rate Benefits
More than 1 month and less than 1 year 0.050% (After tax 0.040%)
More than 1 year and less than 2 years 0.200% (After tax 0.160%)
More than 2 years and 10 years 0.100% (After tax 0.080%)


Going forward, Sony Bank will continue responding to customers’ needs for the management of yen assets.

Note: This is an English-language summary of a Japanese announcement made by Sony Bank on July 28, 2006. The summary was prepared by Sony Financial Holdings Inc. solely for the convenience of non-Japanese readers.