Notice regarding ブックメーカー予想サイト and Cancellation of Public Fund Preferred Stocks(1/1)

Sumitomo Mitsui Financial Group, Inc.

Notice regarding ブックメーカー予想サイト and Cancellation of Public Fund Preferred Stocks

Tokyo, May 12, 2006 --- Sumitomo Mitsui Financial Group, Inc. (SMFG, President: Teisuke Kitayama) hereby announces that SMFG’s Board of Directors resolved at a meeting today to ブックメーカー予想サイト and cancel its Type 1 preferred stock and part of its Type 2 preferred stock (aggregate amount of ブックメーカー予想サイト: approximately JPY 275.9 billion) owned by the Resolution and Collection Corporation (RCC) as described below, and obtained an approval of the relevant authorities for the ブックメーカー予想サイト today.

The ブックメーカー予想サイト of the preferred stocks is to be executed within SMFG’s own stock ブックメーカー予想サイト limit approved at its annual general shareholders’ meeting held in June 2005.

In addition, SMFG intends to cancel those shares of the preferred stocks upon ブックメーカー予想サイト.

PARTICULARS

Details of ブックメーカー予想サイト and Cancellation

1.Type 1 Preferred Stock

(1) Number of Shares to Be Repurchased	: 35,000 shares
(2) ブックメーカー予想サイト Price	: JPY 4,056,000 per share
(3) Total Amount of ブックメーカー予想サイト	: JPY 141,960,000,000
(4) ブックメーカー予想サイト from	: RCC
(5) ブックメーカー予想サイト Date (Scheduled)	: May 17, 2006

title	description
title	¥50,000,000,000
title	description
title	¥826,900
title	60,466 stock

1.Type 2 Preferred Stock

(1) Number of Shares to Be Repurchased	: 33,000 shares
(2) ブックメーカー予想サイト Price	: JPY 4,059,300 per share
(3) Total Amount of ブックメーカー予想サイト	: JPY 133,956,900,000
(4) ブックメーカー予想サイト from	: RCC
(5) ブックメーカー予想サイト Date (Scheduled)	: May 17, 2006

（REFERENCE）

Summary of the public fund preferred stocks to be repurchased:

Type of Preferred Stock	Type 1 Preferred Stock	Type 2 Preferred Stock
Original Date of Issue	March 31, 1999	March 31, 1999
Number of Shares Issued	67,000 shares	100,000 shares
Issue Price	JPY 3,000,000 per share	JPY 3,000,000 per share
Aggregate Amount Issued	JPY 201 billion	JPY 300 billion
Number of Shares Outstanding Immediately Prior to This ブックメーカー予想サイト	35,000 shares	100,000 shares
Aggregate Amount Outstanding Immediately Prior to This ブックメーカー予想サイト	JPY 105 billion	JPY 300 billion

Summary of the public fund preferred stock other than the above:

Type of Preferred Stock	Type 3 Preferred Stock
Original Date of Issue	March 31, 1999
Number of Shares Issued	800,000 shares
Issue Price	JPY 1,000,000 per share
Aggregate Amount Issued	JPY 800 billion
Number of Shares Outstanding as of the Date hereof	695,000 shares
Aggregate Amount Outstanding as of the Date hereof	JPY 695 billion