Sony Bank's Announcement of Executive Appointments

June 14, 2007

Sony Bank Inc., an 88%-owned subsidiary of Sony Financial Holdings, today announced that it has determined the new management structure. The selections are subject to the approval of Sony Bank's Ordinary General Meeting of Shareholders and the Board of Directors Meeting to be held on June 28, 2007.


1. Changes to the Member of the Board Scheduled for June 28, 2007:

[Resign]		Current position
	Kazuya Johno	Director

2. New Management Team as of June 28, 2007:

Title	Name	Principal Business Activities and Positions at Sony Corporation, the SFH Group* and other companies
President, Representative Director	Shigeru Ishii	Director of Sony Financial Holdings Inc.
Director	Hidehiko Nakamura
Director	Masahiko Tokuyama
Director	Teruhisa Tokunaka	President and Representative Director of Sony Financial Holdings Inc.
Director	Hiroki Totoki	Executive Vice President of So-net Entertainment Corporation
Director	Manabu Idei	General Manager, Corporate Planning Department of Sony Financial Holdings Inc.
Director	Tohru Nakajima	Partner, Nagashima Ohno & Tsunematsu
Standing Statutory Auditor	Hiroshi Ueda	Statutory Auditor of Sony Financial Holdings Inc.
Statutory Auditor	Fumio Kado	Deputy General Manager, General Accounting Section, Accounting Department of Sony Corporation
Statutory Auditor	Junichi Yoshikawa	Corporate Control Department of Sony Financial Holdings Inc.

*The SFH Group indicates Sony Financial Holdings Inc., Sony Bank Inc., Sony Life Insurance Co., Ltd. and Sony Assurance Inc. Executive positions at Sony Financial Holdings Inc. and So-net Entertainment Corporation are subject to the approval of each company's General Meeting of Shareholders and the Board of Directors Meeting to be held on June 29 and June 20, 2007, respectively.

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