Sumitomo Mitsui Financial Group, Inc.
Tokyo, September 1, 2006 --- Sumitomo Mitsui Financial Group, Inc. (SMFG, President: Teisuke Kitayama) hereby announces that SMFG’s Board of Directors resolved at a meeting today to acquire and cancel its Type 2 preferred stock (aggregate amount of ブックメーカー違法: approximately JPY 245.1 billion, which amounts to JPY 201.0 billion on an issue price basis) owned by the Resolution and Collection Corporation (RCC) as described below, and obtained an approval of the relevant authorities for the ブックメーカー違法 today.
The ブックメーカー違法 of the preferred stock is to be executed within SMFG’s own stock ブックメーカー違法 limit approved at its annual general shareholders’ meeting held in June 2006.
In addition, SMFG intends to cancel those shares of the preferred stock upon ブックメーカー違法.
PARTICULARS
Type 2 Preferred Stock
| (1) Number of Shares to Be Acquired | : 67,000 shares |
|---|---|
| (2) ブックメーカー違法 Price | : JPY 3,657,900 per share |
| (3) Total Amount of ブックメーカー違法 | : JPY 245,079,300,000 |
| (4) Acquire from | : RCC |
| (5) ブックメーカー違法 Date (Scheduled) | : September 6, 2006 |
(Reference) Summary of the public fund preferred stock to be acquired:
| Type of Preferred Stock | Type 2 Preferred Stock |
|---|---|
| Original Date of Issue | March 31, 1999 |
| Number of Shares Issued | 100,000 shares |
| Issue Price | JPY 3,000,000 per share |
| Aggregate Amount Issued | JPY 300 billion |
| Number of Shares Outstanding Immediately Prior to This ブックメーカー違法 | 67,000 shares |
| Aggregate Amount Outstanding Immediately Prior to This ブックメーカー違法 | JPY 201 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 |
This “ブックメーカー違法” is published in order to publicly announce the facts herein described, not to solicit anyone into making any investment in or outside of Japan, nor for any other similar purposes.
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