Change in Ownership of Sony Bank Shares
March 13, 2008
Sony Bank Inc. announces the following change in the ownership of shares in and share ownership ratio of Sony Bank, as of March 13, 2008.
This change stems from the transfer of shares in Sony Bank held by Sumitomo Mitsui Banking Corporation to Sony Financial Holdings Inc. ("SFH"). Following this change, Sony Bank is a wholly owned subsidiary of SFH. The change has no effect on Sony Bank's capital or number of shares outstanding.
| Shareholder | Before Change | After Change | ||
|---|---|---|---|---|
| Shares Held | Ownership | Shares Held | Ownership | |
| Sony Financial Holdings Inc. | 440,000 | 88% | 500,000 | 100% |
| Sumitomo Mitsui Banking Corporation | 60,000 | 12% | 0 | 0% |
| Total | 500,000 | 100% | 500,000 | 100% |
Note: This is an English-language summary of a Japanese announcement made by Sony Bank Inc., on March 13, 2008. The summary was prepared by Sony Financial Holdings solely for the convenience of non-Japanese readers.
