Panasonic and SANYO Agree to Capital and Business Alliance

Osaka — 19. December 2008 — Panasonic Corporation (NYSE: PC/ TSE:6752, “Panasonic”) and SANYO Electric Co., Ltd. (TSE 6764, “SANYO”), upon the resolutions of the meetings of their respective Boards of Directors held on December 19, 2008, today announced that they have entered into the Capital and Business Alliance Agreement. Panasonic will aim to acquire the majority of the voting rights of SANYO assuming full dilution (which takes into account conversion of Class A preferred stock and Class B preferred stock into common stock) by means of a public tender offer bid. Panasonic and SANYO will form a close alliance in business with the prospect of organizational restructurings of both companies.

Panasonic Announces New Spanish Partner for AVCCAM Product Range

Wiesbaden — 28. November 2008 — Panasonic PBITS Professional & Broadcast IT Systems Spain has announced a new partnership with...