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July 25, 2003



Notice of share buy back on the Tokyo Stock Exchange to reserve shares
for shareholders who wish to increase their shares to one unit (100 shares)
With regard to the share buy back pursuant
to Article 210 of the Commercial Code, Sony has purchased
its own shares on the Tokyo Stock Exchange as follows:
(1) Purchase
Date: |
July 25,
2003 (Friday) |
(2) Purpose: |
To reserve
shares to be sold to shareholders upon their requests
to purchase shares in order to increase their shares
to one unit (100 shares) |
(3) Type
of Shares: |
Shares of
Common Stock |
(4) Number
of Shares Purchased: |
500,000
shares |
(5) Total
Purchase Price: |
1,847,370,000
yen |
(6) Method: |
Shares were
purchased on the Tokyo Stock Exchange. |
[Reference]
Authorization made at the ordinary general meeting of shareholders
held on June 20, 2003:
Type of
Shares |
Shares of
Common Stock and shares of Subsidiary Tracking Stock
linked to Sony Communication Network Corporation ("Tracking
Stock") |
Number of
Shares |
Common Stock:
Up to 90,000,000 shares
Tracking Stock: Up to 300,000 shares |
Total Purchase
Price |
Common Stock:
Up to 400 billion yen
Tracking Stock: Up to 1 billion yen |
(Note) As of July 25, 2003, the above transaction is the only share buy back carried out by Sony pursuant to the above authorization. |
|