Matsushita Comments on Media Reports about Possible Sale of its Stake in Victor Company of Japan, Ltd.

OSAKA, Japan--(BUSINESS WIRE)--Matsushita Electric Industrial Co., Ltd. (MEI [NYSE symbol: MC]), best known for its Panasonic brand, commented on today’s press reports in Japan about a possible sale of its stake in Victor Company of Japan, Ltd.

The Company has not decided anything in regards to the sale of its stake in Victor Company of Japan, Ltd.

Contacts

Media Contacts:
Akira Kadota (Japan)
International PR
(Tel: +81-3-3578-1237)
or
Panasonic News Bureau (Japan)
(Tel: +81-3-3542-6205)
or
Jim Reilly (U.S.)
(Tel: +1-201-392-6067)
or
Munetsugu Takeda (Europe)
(Tel: +49-611-235-305)
or
Investor Relations Contacts:
Makoto Mihara (Japan)
Investor Relations
(Tel: +81-6-6908-1121)
or
Akihiro Takei (U.S.)
Panasonic Finance (America), Inc.
(Tel: +1-212-698-1365)
or
Hiroko Carvell (Europe)
Panasonic Finance (Europe) plc
(Tel: +44-20-7562-4400)