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IR News

TRACKING STOCK (6758-5)
SONY COMMUNICATION NETWORK CORPORATION
ANNOUNCES NOTICE REGARDING
THE SALE OF SHARES IN So-net M3, Inc.

May 20, 2005 15:30 (JST)

Company name: Sony Corporation
Representative's title and name: Chairman Nobuyuki Idei
(stock code: 6758 Tokyo Stock Exchange First Section)
[tracking stock subsidiary]
Company name: Sony Communication Network Corporation
Representative's title and name: Representative Director, Corporate
Executive Officer, President Kenichiro Yoshida
(stock code: 6758-5 Tokyo Stock Exchange First Section)
For inquiries: Corporate Executive Officer Masanao Yoshimura

Sony Communication Network Corporation (hereinafter, "SCN"), a subsidiary whose performance is linked to a tracking stock issued by Sony Corporation, announced today the following decisions regarding a secondary offer of shares of So-net M3, Inc. SCN passed a resolution at its Board of Directors meeting today to conduct a secondary offer of So-net M3 shares as follows:

[Outline of secondary offer]
(1) Seller:Sony Communication Network Corporation
(2) Stock:Common stock of So-net M3 Inc.
(3) Number of shares to be sold:17,935 shares of common stock
(14.0% of issued shares.)
(Notes)The number of shares for secondary offer is subject to change
(4) Offering price:Undetermined
(5) Method of sale:International offering

Cautionary Statement:

This communication is not an offer to sell or a solicitation of any offer to buy the securities of So-net M3 (the "Company") in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933 and may not be offered or sold in the United States absent registration or an exemption from such registration requirement. If any public offering of securities is made in the United States, it will be by means of a prospectus that may be obtained from the Company or any selling security holder that will contain detailed information about the Company and management, as well as financial statements.


For inquiries, please contact:

Sony Corp., IR Office
7-35, Kita-Shinagawa 6-chome Shinagawa-ku, Tokyo 141-0001
Tokyo 141-0001
Tel: (03) 5448-2180


Sony Communication Network Corporation, IR Section
7-35, Kita-Shinagawa 4-chome Shinagawa-ku, Tokyo 140-0001
Tokyo 141-0001
Tel: (03) 3446-7210






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