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December 2, 2003
Announcement on determination of the total amount of issue of
Euro Yen Zero Coupon Convertible Bonds due 2008
Sony Corporation (the "Company") hereby
notifies the determination of the following matters, including
the total amount of issue, in respect of the Euro Yen Zero
Coupon Convertible Bonds due 2008 (bonds with stock acquisition
rights, tenkanshasaigata shinkabu yoyakuken-tsuki shasai)
(the "Bonds with Stock Acquisition Rights", of which the
Bonds and the Stock Acquisition Rights are to be the "Bonds"
and the "Stock Acquisition Rights", respectively), issuance
of which was resolved by the Executive Board on December
number of Stock Acquisition Rights to be issued
number of 50,000 and the number obtained by dividing
an aggregate principal amount of replacement Bond
Certificates that may be issued against appropriate
evidence and indemnity in case of loss, theft or destruction
of any Bond Certificate by ¥5,000,000.
amount of issue of the Bonds
amount of ¥250,000,000,000 and an aggregate principal
amount of replacement Bond Certificates that may be
issued against appropriate evidence and indemnity
in case of loss, theft or destruction of any Bond
|1. Date of
resolution of issuance
|2. Date of
payment and date of issuance
||December 18, 2003
|3.The Company had granted the Managers (the "Managers") an option to additionally subscribe for the Bonds with Stock Acquisition Rights up to a further ¥30,000,000,000 aggregate principal amount of the Bonds. On December 2, 2003 (London Time), the Company received a notice to exercise such option in respect of ¥30,000,000,000 aggregate principal amount of the Bonds from the Joint Lead Managers. Accordingly, the aggregate number of Stock Acquisition Rights to be issued and the total amount of issue of the Bonds have been determined as above.
This press release is intended as general information
regarding Sony Corporation's issuance of convertible
bonds and shall not be considered an offering of securities.
This press release shall not be construed as an offering
of securities in any region including Japan, the United
States or Canada. The securities may not be offered
or sold in the United States absent registration or
an applicable exemption under the Securities Act of
1933. In the event of an offering of securities in
the United States, a prospectus in English prepared
in accordance with the Securities Act of 1933 will
be used. This transaction does not involve any public
offering of securities in the United States.