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Press Release

Sony Life Opens Representative Office in Beijing

September 30, 2008

Sony Life Insurance Co., Ltd., a wholly-owned life insurance subsidiary of Sony Financial Holdings, today announced its decision to open a representative office in Beijing, the Peoples' Republic of China. Sony Life has already received approval from the China Insurance Regulatory Commission ("CIRC") and completed relevant procedures in Japan.

Sony Life will open the Beijing Representative Office to research financial and life insurance market in China.

The outline of the representative office is as follows:

Name Sony Life Insurance Co., Ltd. Beijing Representative Office
Representative Cui Chuanbo
Establishment October 1, 2008
Address 25th, Tower A Gateway, No.18 Xia Guang Li, North Road, East Third Ring, ChaoYang District, Beijing, the Peoples' Republic of China


Note: This is an English-language summary of a Japanese announcement made by Sony Life on September 30, 2008. The summary was prepared by Sony Financial Holdings Inc. solely for the convenience of non-Japanese readers.