Sony Bank Services to Be Handled by Seven Bank

December 6, 2006

Sony Bank Inc., an 88.0%-owned subsidiary of Sony Financial Holdings, today announced that Seven Bank, Ltd. ("Seven Bank") would begin handling Sony Bank's services on December 20, 2006, at five of Seven Bank's staffed counters (two in Tokyo, two in Chiba Prefecture, and one in Saitama Prefecture). At these counters, customers will be able to open Sony Bank accounts. In addition, customers will be able to open Sony Bank accounts through Seven Bank's web site (Japanese only).

Note: This is an English-language summary of a Japanese announcement made by Sony Bank on December 6, 2006. The summary was prepared by Sony Financial Holdings Inc. solely for the convenience of non-Japanese readers.