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Press Release

Sony Bank's Mortgage Loans to Be Handled by Seven Bank

May 14, 2007

Sony Bank Inc., an 88.0%-owned subsidiary of Sony Financial Holdings, today announced that Seven Bank, Ltd. ("Seven Bank") began handling Sony Bank's mortgage loans starting from May 14, 2007, at five of Seven Bank's staffed counters (two in Tokyo, two in Chiba Prefecture, and one in Saitama Prefecture). On December 20, 2006, the two banks had already commenced a service to open Sony Bank accounts at these counters.

Note: This is an English-language summary of a Japanese announcement made by Sony Bank on May 14, 2007. The summary was prepared by Sony Financial Holdings Inc. solely for the convenience of non-Japanese readers.