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Credit Ratings

In the Sony Financial Holdings Group, Sony Financial Holdings Inc., Sony Life Insurance Co., Ltd. and Sony Bank Inc. have obtained ratings as below.

Sony Financial Holdings

Rating Agency Ratings
Rating and Investment Information, Inc. (R&I) Issuer ratings AA—

(As of July 1, 2011)

Sony Life

Rating Agency Ratings
Rating and Investment Information, Inc. (R&I) Insurance claims paying ability AA
Japan Credit Rating Agency, Ltd. (JCR) Ability to pay insurance claims AA
Moody's Investors Service Insurance financial strength rating Aa3
Standard & Poor's (S&P) Insurer financial strength rating A+
(Outlook"Negative")

(As of Feb. 9, 2012)

Sony Bank

Rating Agency Ratings
Japan Credit Rating Agency, Ltd. (JCR) Long-term senior debts rating AA—
(Outlook"Stable")
Standard & Poor's (S&P) Long-term counterparty credit ratings A
(Outlook"Negative")
Short-term counterparty credit ratings A—1

(As of Feb. 9, 2011)

Disclaimer

Each of the ratings are based on rating agency opinions given the figures and information available at a specific point in time, and may be changed in the future. The above ratings were assigned at each of Sony Life and Sony Bank's request.

Rating Definition

For definitions of the ratings listed above, please refer to the web site of credit rating agencies.

*The following pages are linked to the website of credit rating agency.
*The information hereafter is provided by credit rating agency.