NEWS

Panasonic Comments On Media Reports About Possible Purchase Of Its Stake In Sanyo Electric Co., Ltd.

[The following is a release from Panasonic]

November 3, 2008

Panasonic Corporation (Panasonic), best known for its Panasonic brand, commented on the current press reports in Japan about a possible purchase of its stake in Sanyo Co., Ltd. This announcement was not made by Panasonic, and the company has not decided anything in regards to the purchase.

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