Sony Bank Adds Three Funds to Its Investment Trust Offerings and Implements 50% Cash-Back on Commissions

February 15, 2008

Sony Bank Inc., an 88.0%-owned subsidiary of Sony Financial Holdings, today announced the February 18, 2008, addition of three funds to its investment trust offerings. The new funds are the SG Arab Equity Fund, the GS Asia Property Equity REIT Fund, and the DIAM High Coupon Foreign Currency Fund. To commemorate the launch, Sony Bank will run a campaign offering half back in cash on the sales commissions for the three funds during the period from February 18, 2008, to March 28, 2008.

These additions bring the number of investment trusts offered by Sony Bank to 59 funds, managed by 24 companies. To meet the diverse investment needs of its customers, Sony Bank will continue carefully evaluating investment trusts for potential addition to its product lineup.

Fund Profiles

• SG Arab Equity Fund
  (Asset Management Company: Societe Generale Asset Management (Japan) Co., Ltd.)
  A fund of funds that makes substantial investments in the Middle East and North Africa via funds that invest in companies developing operations in this region.
• GS Asia Property Equity REIT Fund
  (Asset Management Company: Goldman Sachs Asset Management Co., Ltd.)
  Invests via a mother fund in listed real estate stocks and real estate investment trusts (REITs) in Asian countries and regions outside Japan, focusing on Hong Kong, Singapore and the People's Republic of China.
• DIAM High Coupon Foreign Currency Fund
  (Asset Management Company: DIAM Co., Ltd.)
  A fund of funds that invests in the currencies of eight countries selected as offering relatively high interest rates and that aims to acquire short-term interest income from investing in these countries, as well as the growth of investment trust assets over the medium to long term.

Note: This is an English-language summary of a Japanese announcement made by Sony Bank on February 15, 2008. The summary was prepared by Sony Financial Holdings Inc. solely for the convenience of non-Japanese readers.