<Press Release>

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December 27, 1999

To whom it may concern,

Sony Corporation
Nobuyuki Idei
President and Representative Director
(Code No.: 6758
Tokyo Stock Exchange, First Section)
Contact: Yoshimasa Chiba
Shareholder Relations
Tel: 03-5448-2654


NOTICE OF STOCK SPLIT



Sony Corporation (the "Corporation") has resolved at the meeting of its Board of Directors held today to split the shares of the Corporation at the ratio of 2 shares for each share as follows:

1.
As of May 19, 2000 (Friday) the Corporation shall split its par value shares of common stock at the ratio of 2 shares for each share as follows:
  1. Method of the split:
    The number of shares held by the shareholders whose names appear on the register of shareholders and the register of beneficial shareholders as at the close of March 31, 2000 (Friday) shall be split at the ratio of 2 shares for each share.
    The amount of par value of shares (50 yen per share) shall not be changed upon this split.

  2. The number of shares to be increased upon the split:
    The aggregate number of issued and outstanding shares as of March 31, 2000 (Friday) multiplied by 1.0


2.
Commencement Date for Calculation of Dividends:
April 1, 2000


(For reference)

  1. The number of shares to be increased upon the split is not determined, because the aggregate number of issued and outstanding shares may increase upon conversion of convertible bonds and/or exercise of warrants until the record date of the split, and the aggregate number of issued and outstanding shares as of the record date of the split shall not be fixed at this point.

  2. The aggregate number of issued and outstanding shares after the stock split is, if computed based on the aggregate number of issued and outstanding shares as of November 30, 1999 and the number of new shares to be issued on January 5, 2000, date of stock exchange, as follows:

    The number of shares
    as of November 30, 1999:
    413,593,425 shares
    The number of shares
    to be issued on January 5, 2000:
    32,979,771 shares

    Total


    446,573,196 shares

    The number of shares
    to be increased upon this split:
    446,573,196 shares
    The number of shares after the stock split: 893,146,392 shares


    Upon this stock split the amount of stated capital shall not be changed because the amount in excess of par value in stated capital shall be appropriated.

  3. In three listed subsidiaries of the Corporation which will become wholly-owned subsidiaries of the Corporation upon stock exchanges as of January 5, 2000, many shareholders who have more than one unit of the shares (100 shares) of Sony Music Entertainment (Japan) Inc. ("SMEJ") and Sony Chemicals Corporation ("SC") respectively will become the shareholders who have less than one unit of the shares of the Corporation after the stock exchanges and are not entitled to voting rights at general meetings of shareholders of the Corporation because the number of shares constituting one unit of the shares of SMEJ and SC respectively is equal to the number of shares constituting one unit of the Corporation. However, these shareholders will be able to exercise voting rights at the ordinary general meeting of shareholders to be held toward the end of June, 2000, as they will become the shareholders who have more than one unit of the shares of the Corporation by allotment of new shares upon this stock split.

  4. In connection with the cash dividend per share for the fiscal year ending March 31, 2001 after the stock split, the Corporation will consider the definite amount hereafter. However, the policy of the cash dividend is not affected by this stock split. (The cash dividend per share is scheduled to be the half of the level of cash dividend per share before the stock split, as the share is split at the ratio of 2 shares for each share.)