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December 9, 2002



Determination of Final Terms of Stock Acquisition Rights
for the Purpose of Granting Stock Options
Sony Corporation (the "Corporation")
announced today that the final terms of Common Stock Acquisition
Rights and Tracking Stock Acquisition Rights for the purpose
of granting stock options, which issues were resolved at
the meeting of its Board of Directors held on November 29,
2002, have been determined as set forth below.
I. Common Stock Acquisition Rights
- 1. Amount to be paid in per share for exercise of
Common Stock Acquisition Rights:
- 5,396 yen
- 2. Aggregate amount of the shares of Common Stock
to be issued or transferred upon exercise of Common
Stock Acquisition Rights:
- 6,477,358,400 yen
- 3. The amount to be accounted for as stated capital
in respect of shares of Common Stock to be issued upon
exercise of Common Stock Acquisition Rights:
- 2,698 yen per share
II. Tracking Stock Acquisition Rights
- 1. Amount to be paid in per share for exercise of
Tracking Stock Acquisition Rights:
- 1,008 yen
- 2. Aggregate amount of the shares of Tracking Stock
to be issued or transferred upon exercise of Tracking
Stock Acquisition Rights:
- 45,864,000 yen
- 3. The amount to be accounted for as stated capital
in respect of shares of Tracking Stock to be issued
upon exercise of Tracking Stock Acquisition Rights:
- 504 yen per share
Notes:
- 1.Date of Ordinary General Meeting of Shareholders
- June 20, 2002
- 2.Date of issue of Stock Acquisition Rights
- December 9, 2002
- 3.Aggregate number of Stock Acquisition Rights
- Common Stock Acquisition Rights: 12,004
- Tracking Stock Acquisition Rights: 455
- 4.Issue price of Stock Acquisition Rights
- No consideration shall be paid
- 5.Class and number of shares to be issued or transferred
upon exercise of Stock Acquisition Rights
- Common Stock Acquisition Rights:
1,200,400 shares of Common Stock of the Corporation*
- Tracking Stock Acquisition Rights:
45,500 shares of Tracking Stock of the Corporation*
*The number of shares to be issued or transferred upon
exercise of each Stock Acquisition Right is 100.
- 6. Period during which Stock Acquisition Rights may
be exercised
- From and including December 9, 2003 to and including
December 8, 2012
- 7. Conditions for exercise of Stock Acquisition Rights
- (i) Each Stock Acquisition Right may not be exercised
in part.
(ii) If share exchange or share transfer by which the
Corporation becomes a wholly-owned subsidiary of another
company is approved at the meeting of shareholders of
the Corporation, holders of the Stock Acquisition Rights
may not exercise the Stock Acquisition Rights on and
after the date of such share exchange or share transfer.
- 8.Persons to whom Stock Acquisition Rights shall be
allocated
-
Common Stock Acquisition Rights:
Directors and employees of the Corporation and its
subsidiaries (total: 539)
- Tracking Stock Acquisition Rights:
Directors and employees of Sony Communication Network Corporation (total: 7)
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