Panasonic Electric Works Co., Ltd.

In a press release (“Press Release”) entitled “Panasonic to Absorb Wholly-Owned Subsidiary (Panasonic Electric Works Co., Ltd.)” and dated 31 August 2011, Panasonic Corporation (Securities Code: 6752) (the “Company”), announced, inter alia, that it would enter into a merger with its wholly owned subsidiary Panasonic Electric Works Co., Ltd. (the “Reference Entity”), which merger would become effective on 1 January 2012. The Press Release also noted that the Company would be the surviving entity and the Reference Entity dissolved upon the merger. According to the “Stock Price/Rating” page (http://panasonic.net/ir/ratings/ ) of the Company’s website, the Reference Entity had three corporate bonds (series 2, 3 and 4) outstanding and maturing on 20 December 2013, 19 June 2015 and 20 June 2019 respectively. A footnote of the same page informs that ‘Panasonic succeeded corporate bonds of Panasonic Electric Works and SANYO on January 1, 2012.’ Additional Information: (a)Press Release 31 August 2011 (http://panasonic.co.jp/corp/news/official.data/data.dir/en110831-7/en110831-7.html) (b)Panasonic Stock Price/Rating Page (http://panasonic.net/ir/ratings/ ) (c)Press release dated 21 December 2010 (http://panasonic.net/ir/library/pewlib/tob/pdf/IR101221_en.pdf )