Sony Bank Provides 100% Cash Back on Sales Commissions for Index Fund Investment Trusts and Raises Cash Back Rates on the Sales Commission Reduction Program for Funded Plans

December 15, 2008

Sony Bank Inc., a wholly-owned subsidiary of Sony Financial Holdings, will launch an investment trusts special program for the winter 2008 bonus season, the period from January 2009 through March 2009.

Sony Bank will provide 100% cash back on sales commissions for eight of its index funds from January 5, 2009 to March 31, 2009. The cash back payment will be made in mid-April 2009.

In addition, Sony Bank will raise the rate of cash back on the sales commission reduction program for funded plans from January 2009 to March 2009. Sony Bank will provide cash back equivalent to 50% of the relevant sales commissions (including consumption taxes), up from the usual 20%, for customers who continuously purchase the same fund from the 55 funds offered.

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