Press Release


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July 23, 2003



Subsidiary Tracking Stock Sony Communication Network Corporation Financial Results For the First Quarter Ended June 30, 2003

Sony Communication Network Corporation (hereinafter, the "SCN Group"), a subsidiary the performance of which is linked to a tracking stock issued by Sony Corporation, announced today its consolidated results for the first quarter ended June 30, 2003 (the period from April 1, 2003 to June 30, 2003).