TOKYO, April 26, 2007---- Certain media reported today on a plan for an initial public offering of Sony Financial Holdings Inc (SFH), a wholly owned subsidiary of Sony Corporation.

There is no change in Sony Corporation's plan to make an initial public offering of SFH at an appropriate timing during the fiscal year ending March, 2008 or thereafter. We would like to refrain from making any further comments.

This announcement is not an offer of securities for sale in the United States or elsewhere. Securities may not be offered or sold in the United States absent registration or an exemption from registration requirements.