Panasonic Comments on Media Reports about Possible Purchase of Its Stake in Sanyo Electric Co., Ltd.

Headquarters: Kadoma, Osaka, Japan
Website: panasonic.net/
CEO: Fumio Ohtsubo
Employees: 305,828
Organization: Public
Ticker: NYSE:PC&nbsp;TOKYO:6752
Revenues: US$90,689 million&nbsp;(2008)
Net Income: US$2,819 million&nbsp;(2008)

OSAKA, Japan--(BUSINESS WIRE)--Panasonic Corporation (Panasonic)(NYSE:PC), best known for its Panasonic brand, commented on the current press reports in Japan about a possible purchase of its stake in Sanyo Co., Ltd.

This announcement was not made by Panasonic, and the company has not decided anything in regards to the purchase.

Contacts

Panasonic Corporation
Media Contacts:
Akira Kadota, +81-3-3578-1237 (Japan)
International PR
or
Panasonic News Bureau (Japan)
Tel: +81-3-3542-6205
or
Jim Reilly, +1-201-392-6067 (U.S.)
or
Anne Guennewig, +49-611-235-457 (Europe)
or
Investor Relations Contacts:
Kazuo Sasaki, +81-6-6908-1121 (Japan)
Investor Relations
or
Panasonic Finance (America), Inc.
Yoichi Nagata, +1-212-698-1362 (U.S.)
or
Panasonic Finance (Europe) plc
Hiroko Carvell, +44-20-7562-4400 (Europe)

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