In addition to the number of shares stated above, Sony has granted the option to purchase up to 30,000 additional shares (the "Greenshoe Option") to the representative of the underwriters for the offering in Japan. The Greenshoe Option will be exercisable until September 22, 2005.
|2.||Remaining Shares of Monex Beans Held by Sony after the Offering||70,400 shares (This represents approximately 11.5% of the outstanding shares of Monex Beans, excluding the Greenshoe Option described above.) As a result of this sale, Monex Beans will no longer be an affiliated company of Sony as accounted for by the equity method.|
|3.||Method of Sale||Secondary offering to the public in Japan and secondary offering outside of Japan and the U.S. in reliance on Regulation S under the U.S. Securities Act of 1933, as amended (the "Securities Act") and in the U.S. to institutions that are "qualified institutional buyers" as defined in Rule 144A under the Securities Act.|
|4.||Sale Price (Offer Price)||125,440 yen per share|
|5.||Total Sale Price||25,088,000,000 yen|